Certior Financial Group LLC Purchases Shares of 50,026 SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Certior Financial Group LLC acquired a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 50,026 shares of the company’s stock, valued at approximately $2,601,000. SPDR Gold MiniShares Trust makes up about 2.3% of Certior Financial Group LLC’s portfolio, making the stock its 12th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Cerity Partners LLC raised its stake in shares of SPDR Gold MiniShares Trust by 1.6% in the 4th quarter. Cerity Partners LLC now owns 836,605 shares of the company’s stock valued at $43,496,000 after purchasing an additional 13,420 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 6.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 908,877 shares of the company’s stock worth $47,253,000 after buying an additional 58,765 shares in the last quarter. Perennial Investment Advisors LLC acquired a new stake in SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $464,000. Resona Asset Management Co. Ltd. bought a new stake in SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $30,003,000. Finally, Wells Fargo & Company MN grew its stake in shares of SPDR Gold MiniShares Trust by 7.4% during the 4th quarter. Wells Fargo & Company MN now owns 1,121,616 shares of the company’s stock worth $58,313,000 after acquiring an additional 76,795 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Down 2.3 %

NYSEARCA GLDM opened at $60.15 on Monday. The firm’s 50 day moving average is $58.18 and its 200-day moving average is $54.69. SPDR Gold MiniShares Trust has a 12-month low of $45.13 and a 12-month high of $62.11.

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.