Crews Bank & Trust Takes $430,000 Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Crews Bank & Trust purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, HoldingsChannel reports. The firm purchased 8,275 shares of the company’s stock, valued at approximately $430,000.

Several other institutional investors and hedge funds have also recently modified their holdings of GLDM. Citigroup Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after purchasing an additional 1,889,934 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at about $84,714,000. Benjamin Edwards Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 1,805.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock valued at $74,686,000 after purchasing an additional 1,357,506 shares in the last quarter. State Street Corp increased its stake in shares of SPDR Gold MiniShares Trust by 43.2% in the 3rd quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after purchasing an additional 973,410 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its stake in shares of SPDR Gold MiniShares Trust by 28.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after purchasing an additional 880,693 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of SPDR Gold MiniShares Trust stock opened at $55.39 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $39.35 and a twelve month high of $55.44. The business has a 50-day moving average price of $52.86 and a 200 day moving average price of $51.57.

About SPDR Gold MiniShares Trust

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.