Sumitomo Mitsui Trust Group Inc. Acquires 206,914 Shares of SPDR Gold MiniShares Trust $GLDM

Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) by 1.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,594,406 shares of the company’s stock after purchasing an additional 206,914 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 1.1% of Sumitomo Mitsui Trust Group Inc.’s holdings, making the stock its 11th largest position. Sumitomo Mitsui Trust Group Inc. owned about 5.56% of SPDR Gold MiniShares Trust worth $1,723,515,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in GLDM. Wells Fargo & Company MN raised its position in SPDR Gold MiniShares Trust by 54.3% during the fourth quarter. Wells Fargo & Company MN now owns 7,913,715 shares of the company’s stock valued at $675,594,000 after purchasing an additional 2,785,608 shares in the last quarter. Morgan Stanley boosted its holdings in shares of SPDR Gold MiniShares Trust by 22.6% in the 4th quarter. Morgan Stanley now owns 10,562,081 shares of the company’s stock worth $901,685,000 after purchasing an additional 1,943,672 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of SPDR Gold MiniShares Trust by 28.6% in the 3rd quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock worth $563,230,000 after purchasing an additional 1,636,398 shares in the last quarter. Payden & Rygel bought a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $110,981,000. Finally, Resona Asset Management Co. Ltd. increased its position in shares of SPDR Gold MiniShares Trust by 45.2% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 3,236,300 shares of the company’s stock valued at $289,066,000 after purchasing an additional 1,006,700 shares during the last quarter.

SPDR Gold MiniShares Trust News Roundup

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $80.70 on Thursday. The stock’s 50-day moving average is $86.51 and its 200 day moving average is $91.93. SPDR Gold MiniShares Trust has a 1-year low of $64.71 and a 1-year high of $109.74.

SPDR Gold MiniShares Trust Company Profile

(Free Report)

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.

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

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