SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Sets New 1-Year High at $46.82

Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) reached a new 52-week high on Tuesday . The stock traded as high as $46.82 and last traded at $46.68, with a volume of 2082036 shares changing hands. The stock had previously closed at $46.37.

SPDR Gold MiniShares Trust Stock Down 0.9 %

The firm has a 50 day moving average price of $42.22 and a two-hundred day moving average price of $40.38.

Institutional Investors Weigh In On SPDR Gold MiniShares Trust

Large investors have recently bought and sold shares of the business. Managed Asset Portfolios LLC grew its position in SPDR Gold MiniShares Trust by 15.4% during the 3rd quarter. Managed Asset Portfolios LLC now owns 84,852 shares of the company’s stock worth $3,111,000 after acquiring an additional 11,352 shares during the last quarter. Independent Advisor Alliance lifted its stake in shares of SPDR Gold MiniShares Trust by 5.3% in the 3rd quarter. Independent Advisor Alliance now owns 8,683 shares of the company’s stock valued at $318,000 after purchasing an additional 439 shares during the period. Great Valley Advisor Group Inc. lifted its stake in shares of SPDR Gold MiniShares Trust by 38.4% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 102,837 shares of the company’s stock valued at $3,770,000 after purchasing an additional 28,509 shares during the period. Patten Group Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at $228,000. Finally, Robinson Value Management Ltd. lifted its stake in shares of SPDR Gold MiniShares Trust by 1.7% in the 3rd quarter. Robinson Value Management Ltd. now owns 22,122 shares of the company’s stock valued at $811,000 after purchasing an additional 372 shares during the period.

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.