SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Bought by HM Payson & Co.

HM Payson & Co. raised its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 48.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,769 shares of the company’s stock after acquiring an additional 2,519 shares during the period. HM Payson & Co.’s holdings in SPDR Gold MiniShares Trust were worth $404,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GLDM. Brookstone Capital Management boosted its position in shares of SPDR Gold MiniShares Trust by 25.5% during the fourth quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock worth $5,149,000 after buying an additional 20,124 shares during the period. Allworth Financial LP boosted its position in shares of SPDR Gold MiniShares Trust by 8.9% during the fourth quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock worth $144,000 after buying an additional 216 shares during the period. FMR LLC boosted its position in shares of SPDR Gold MiniShares Trust by 50.2% during the third quarter. FMR LLC now owns 7,425 shares of the company’s stock worth $387,000 after buying an additional 2,480 shares during the period. Theory Financial LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter worth approximately $491,000. Finally, Lodestar Private Asset Management LLC boosted its position in shares of SPDR Gold MiniShares Trust by 5.6% during 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 during the period.

SPDR Gold MiniShares Trust Trading Up 0.1 %

Shares of NYSEARCA GLDM opened at $57.65 on Monday. SPDR Gold MiniShares Trust has a 12-month low of $42.60 and a 12-month high of $58.47. The stock has a 50 day simple moving average of $55.46 and a 200-day simple moving average of $53.28.

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.