Birch Capital Management LLC Raises Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Birch Capital Management LLC grew its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) by 70.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,013 shares of the company’s stock after purchasing an additional 2,480 shares during the period. Birch Capital Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $265,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. VitalStone Financial LLC increased its stake 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 worth $25,000 after buying an additional 550 shares during the period. Parkside Financial Bank & Trust purchased a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth approximately $30,000. Northwest Capital Management Inc purchased a new stake in shares of SPDR Gold MiniShares Trust during the first quarter worth approximately $37,000. Headlands Technologies LLC acquired a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $39,000. Finally, Fortitude Family Office LLC acquired a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $40,000.

SPDR Gold MiniShares Trust Stock Performance

GLDM traded down $0.73 on Friday, reaching $46.02. The company’s stock had a trading volume of 3,165,494 shares, compared to its average volume of 3,778,162. The stock has a 50 day moving average of $46.45 and a two-hundred day moving average of $43.22. SPDR Gold MiniShares Trust has a fifty-two week low of $35.99 and a fifty-two week high of $48.33.

SPDR Gold MiniShares Trust 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.

Recommended Stories

Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report).

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

Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.