SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Stock Holdings Increased by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. raised its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 78.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,553 shares of the company’s stock after buying an additional 16,988 shares during the quarter. Bridgewater Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $1,577,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. VitalStone Financial LLC lifted its stake in 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 purchasing an additional 550 shares during the last quarter. Parkside Financial Bank & Trust bought a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter worth about $30,000. Headlands Technologies LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at about $39,000. Fortitude Family Office LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $40,000. Finally, Hartford Financial Management Inc. acquired a new stake in SPDR Gold MiniShares Trust during the fourth quarter worth about $54,000.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock traded down $0.91 during midday trading on Tuesday, reaching $45.39. The company had a trading volume of 4,408,170 shares, compared to its average volume of 3,766,249. The stock has a 50 day moving average price of $43.93 and a 200 day moving average price of $41.31. SPDR Gold MiniShares Trust has a fifty-two week low of $35.99 and a fifty-two week high of $48.21.

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.