PNC Financial Services Group Inc. Acquires 2,001 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

PNC Financial Services Group Inc. raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 468.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,428 shares of the company’s stock after purchasing an additional 2,001 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Gold MiniShares Trust were worth $126,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in GLDM. Brookstone Capital Management raised its position 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 purchasing an additional 20,124 shares in the last quarter. Allworth Financial LP increased its stake 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 valued at $144,000 after buying an additional 216 shares during the period. FMR LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 50.2% in the third quarter. FMR LLC now owns 7,425 shares of the company’s stock valued at $387,000 after acquiring an additional 2,480 shares in the last quarter. Theory Financial LLC purchased a new stake in SPDR Gold MiniShares Trust in the fourth quarter worth about $491,000. Finally, Lodestar Private Asset Management LLC grew 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 worth $4,041,000 after acquiring an additional 4,097 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Down 0.5 %

Shares of NYSEARCA GLDM opened at $59.55 on Tuesday. SPDR Gold MiniShares Trust has a 12-month low of $43.04 and a 12-month high of $60.45. The stock’s fifty day simple moving average is $56.93 and its two-hundred day simple moving average is $54.02.

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.