Jacobi Capital Management LLC Boosts Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Jacobi Capital Management LLC lifted its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 49,603 shares of the company’s stock after purchasing an additional 2,862 shares during the quarter. Jacobi Capital Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,579,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brookstone Capital Management boosted its holdings in SPDR Gold MiniShares Trust by 25.5% during the 4th quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock valued at $5,149,000 after acquiring an additional 20,124 shares during the period. FMR LLC boosted its holdings in SPDR Gold MiniShares Trust by 50.2% during the 3rd quarter. FMR LLC now owns 7,425 shares of the company’s stock valued at $387,000 after acquiring an additional 2,480 shares during the period. Allworth Financial LP boosted its holdings in SPDR Gold MiniShares Trust by 8.9% during the 4th quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock valued at $144,000 after acquiring an additional 216 shares during the period. Theory Financial LLC purchased a new stake in SPDR Gold MiniShares Trust during the 4th quarter valued at about $491,000. Finally, Lodestar Private Asset Management LLC boosted its holdings in SPDR Gold MiniShares Trust by 5.6% during the 4th quarter. Lodestar Private Asset Management LLC now owns 77,733 shares of the company’s stock valued at $4,041,000 after acquiring an additional 4,097 shares during the period.

SPDR Gold MiniShares Trust Trading Down 0.7 %

NYSEARCA GLDM opened at $56.54 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $40.52 and a fifty-two week high of $58.47. The stock has a 50 day simple moving average of $54.79 and a two-hundred day simple moving average of $52.88.

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.