HM Payson & Co. Makes New $274,000 Investment in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

HM Payson & Co. purchased a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the third quarter, according to its most recent filing with the SEC. The firm purchased 5,250 shares of the company’s stock, valued at approximately $274,000.

Several other institutional investors have also modified their holdings of the company. Cassaday & Co Wealth Management LLC purchased a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth about $251,429,000. Tidal Investments LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 1.9% in the first quarter. Tidal Investments LLC now owns 1,860,526 shares of the company’s stock valued at $81,956,000 after purchasing an additional 34,857 shares in the last quarter. LPL Financial LLC grew its position in shares of SPDR Gold MiniShares Trust by 1.3% in the second quarter. LPL Financial LLC now owns 1,536,001 shares of the company’s stock valued at $70,794,000 after purchasing an additional 20,288 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of SPDR Gold MiniShares Trust by 10.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,165,360 shares of the company’s stock worth $60,750,000 after purchasing an additional 114,200 shares in the last quarter. Finally, Great Valley Advisor Group Inc. raised its position in shares of SPDR Gold MiniShares Trust by 7.1% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 899,915 shares of the company’s stock worth $41,477,000 after purchasing an additional 59,374 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Down 0.4 %

Shares of NYSEARCA:GLDM opened at $54.18 on Friday. The business’s fifty day moving average price is $51.91 and its two-hundred day moving average price is $48.74. SPDR Gold MiniShares Trust has a one year low of $38.32 and a one year high of $55.29.

SPDR Gold MiniShares Trust Company 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.