SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Purchased by Rakuten Securities Inc.

Rakuten Securities Inc. raised its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 97.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,821 shares of the company’s stock after acquiring an additional 1,390 shares during the period. Rakuten Securities Inc.’s holdings in SPDR Gold MiniShares Trust were worth $147,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Hantz Financial Services Inc. acquired a new position in SPDR Gold MiniShares Trust during the second quarter worth approximately $28,000. Family Firm Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth $32,000. Rothschild Investment LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth $38,000. Barrett & Company Inc. acquired a new position in SPDR Gold MiniShares Trust in the third quarter valued at $53,000. Finally, Sanctuary Wealth Management L.L.C. purchased a new stake in SPDR Gold MiniShares Trust during the third quarter valued at about $76,000.

SPDR Gold MiniShares Trust Stock Performance

SPDR Gold MiniShares Trust stock opened at $51.96 on Tuesday. SPDR Gold MiniShares Trust has a 12 month low of $38.32 and a 12 month high of $55.29. The stock’s 50-day moving average is $52.42 and its 200-day moving average is $49.09.

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.