Morgan Stanley Makes New $771,000 Investment in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Morgan Stanley purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 54,710 shares of the company’s stock, valued at approximately $771,000. Morgan Stanley owned 0.09% of SPDR Gold MiniShares Trust at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of GLDM. 3EDGE Asset Management LP increased its holdings in SPDR Gold MiniShares Trust by 69.3% during the 2nd quarter. 3EDGE Asset Management LP now owns 7,062,931 shares of the company’s stock worth $99,517,000 after purchasing an additional 2,890,431 shares during the period. American Investment Services Inc. increased its holdings in SPDR Gold MiniShares Trust by 171.3% during the 2nd quarter. American Investment Services Inc. now owns 1,615,369 shares of the company’s stock worth $22,761,000 after purchasing an additional 1,019,898 shares during the period. BKD Wealth Advisors LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at about $10,131,000. Copperwynd Financial LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at about $9,442,000. Finally, LPL Financial LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 3,784.0% in the 2nd quarter. LPL Financial LLC now owns 412,677 shares of the company’s stock valued at $5,815,000 after acquiring an additional 402,052 shares during the last quarter.

GLDM opened at $14.55 on Friday. SPDR Gold MiniShares Trust has a one year low of $11.99 and a one year high of $15.54. The business’s 50-day simple moving average is $14.94 and its 200-day simple moving average is $14.20.

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Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

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