Nwam LLC Makes New $550,000 Investment in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Nwam LLC purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 10,558 shares of the company’s stock, valued at approximately $550,000.

Several other large investors have also recently made changes to their positions in the business. Cassaday & Co Wealth Management LLC increased its stake in shares of SPDR Gold MiniShares Trust by 3.4% in the third quarter. Cassaday & Co Wealth Management LLC now owns 5,637,993 shares of the company’s stock worth $293,909,000 after buying an additional 182,816 shares during the period. Asset Management One Co. Ltd. boosted its holdings in shares of SPDR Gold MiniShares Trust by 28.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after buying an additional 880,693 shares in the last quarter. Citigroup Inc. boosted its holdings in shares of SPDR Gold MiniShares Trust by 5,727,072.7% during the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after buying an additional 1,889,934 shares in the last quarter. Tidal Investments LLC boosted its stake in SPDR Gold MiniShares Trust by 1.9% in the 1st quarter. Tidal Investments LLC now owns 1,860,526 shares of the company’s stock worth $81,956,000 after purchasing an additional 34,857 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in SPDR Gold MiniShares Trust by 15.5% in the 3rd quarter. LPL Financial LLC now owns 1,774,767 shares of the company’s stock worth $92,519,000 after purchasing an additional 238,766 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA:GLDM opened at $53.62 on Monday. SPDR Gold MiniShares Trust has a fifty-two week low of $39.19 and a fifty-two week high of $55.29. The business has a 50-day simple moving average of $52.78 and a two-hundred day simple moving average of $49.48.

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.