Capital Management Associates Inc Purchases 4,696 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Capital Management Associates Inc boosted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 49.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,275 shares of the company’s stock after purchasing an additional 4,696 shares during the period. Capital Management Associates Inc’s holdings in SPDR Gold MiniShares Trust were worth $742,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bright Financial Advisors Inc. grew its position in shares of SPDR Gold MiniShares Trust by 5.7% during the fourth quarter. Bright Financial Advisors Inc. now owns 68,393 shares of the company’s stock worth $3,556,000 after purchasing an additional 3,706 shares in the last quarter. Lodestar Private Asset Management LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 5.6% in the fourth quarter. Lodestar Private Asset Management LLC now owns 77,733 shares of the company’s stock worth $4,041,000 after buying an additional 4,097 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of SPDR Gold MiniShares Trust by 11.4% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,298,460 shares of the company’s stock worth $67,507,000 after acquiring an additional 133,100 shares during the last quarter. Leo Wealth LLC grew its stake in SPDR Gold MiniShares Trust by 11.8% during the fourth quarter. Leo Wealth LLC now owns 34,720 shares of the company’s stock valued at $1,805,000 after acquiring an additional 3,651 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in SPDR Gold MiniShares Trust by 30.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 120,856 shares of the company’s stock valued at $6,002,000 after acquiring an additional 27,893 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

GLDM opened at $56.69 on Friday. The firm has a 50-day simple moving average of $53.23 and a two-hundred day simple moving average of $51.85. SPDR Gold MiniShares Trust has a 52 week low of $39.35 and a 52 week high of $57.19.

SPDR Gold MiniShares Trust Profile

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.