Purus Wealth Management LLC Purchases 9,980 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Purus Wealth Management LLC increased its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 11.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 95,050 shares of the company’s stock after acquiring an additional 9,980 shares during the period. SPDR Gold MiniShares Trust comprises approximately 2.0% of Purus Wealth Management LLC’s holdings, making the stock its 12th largest holding. Purus Wealth Management LLC owned approximately 0.06% of SPDR Gold MiniShares Trust worth $4,942,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC boosted its stake in SPDR Gold MiniShares Trust by 3.4% in the third quarter. Cassaday & Co Wealth Management LLC now owns 5,637,993 shares of the company’s stock worth $293,909,000 after purchasing an additional 182,816 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in SPDR Gold MiniShares Trust by 28.1% during the 3rd 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 in the last quarter. State Street Corp lifted its position in SPDR Gold MiniShares Trust by 43.2% during the 3rd 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. Stifel Financial Corp increased its position in SPDR Gold MiniShares Trust by 2.2% in the 3rd quarter. Stifel Financial Corp now owns 2,141,060 shares of the company’s stock valued at $111,613,000 after acquiring an additional 46,759 shares in the last quarter. Finally, Citigroup Inc. raised 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 acquiring an additional 1,889,934 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Down 0.5 %

Shares of GLDM stock opened at $53.53 on Monday. The firm’s 50 day moving average is $52.35 and its 200-day moving average is $51.17. SPDR Gold MiniShares Trust has a 1 year low of $39.35 and a 1 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.