China Universal Asset Management Co. Ltd. increased its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 90.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 179,200 shares of the company’s stock after purchasing an additional 85,000 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 0.9% of China Universal Asset Management Co. Ltd.’s holdings, making the stock its 21st largest holding. China Universal Asset Management Co. Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $9,317,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the business. Citigroup Inc. lifted its stake in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the third quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock worth $98,524,000 after buying an additional 1,889,934 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at approximately $84,714,000. Benjamin Edwards Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 1,805.0% in the third quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock valued at $74,686,000 after purchasing an additional 1,357,506 shares during the last quarter. State Street Corp lifted its position in SPDR Gold MiniShares Trust by 43.2% during the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after buying an additional 973,410 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its stake in SPDR Gold MiniShares Trust by 28.1% during the third quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock worth $209,429,000 after buying an additional 880,693 shares during the last quarter.
SPDR Gold MiniShares Trust Trading Up 0.2 %
NYSEARCA GLDM opened at $55.48 on Friday. The business’s fifty day simple moving average is $52.90 and its 200-day simple moving average is $51.62. SPDR Gold MiniShares Trust has a 52 week low of $39.35 and a 52 week high of $55.81.
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.
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