Lam Group Inc. Takes $1.43 Million Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Lam Group Inc. acquired a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 32,385 shares of the company’s stock, valued at approximately $1,427,000. SPDR Gold MiniShares Trust makes up 1.2% of Lam Group Inc.’s investment portfolio, making the stock its 25th biggest holding.

Other hedge funds have also bought and sold shares of the company. VitalStone Financial LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 611.1% during the third quarter. VitalStone Financial LLC now owns 640 shares of the company’s stock valued at $25,000 after acquiring an additional 550 shares in the last quarter. Parkside Financial Bank & Trust bought a new position in SPDR Gold MiniShares Trust in the 3rd quarter valued at about $30,000. Headlands Technologies LLC acquired a new position in SPDR Gold MiniShares Trust during the 4th quarter valued at about $39,000. Fortitude Family Office LLC purchased a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter worth approximately $40,000. Finally, Citigroup Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 1,201.0% in the third quarter. Citigroup Inc. now owns 1,353 shares of the company’s stock valued at $50,000 after purchasing an additional 1,249 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.4 %

NYSEARCA GLDM traded up $0.20 on Wednesday, reaching $46.18. The company had a trading volume of 2,228,250 shares, compared to its average volume of 3,791,382. The company’s fifty day moving average is $46.47 and its 200 day moving average is $43.11. SPDR Gold MiniShares Trust has a 52-week low of $35.99 and a 52-week high of $48.33.

SPDR Gold MiniShares Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

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