Norden Group LLC Has $721,000 Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Norden Group LLC lowered its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 50.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,868 shares of the company’s stock after selling 14,288 shares during the quarter. Norden Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $721,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in GLDM. Citigroup Inc. increased its position in shares of SPDR Gold MiniShares Trust by 5,727,072.7% during the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock worth $98,524,000 after purchasing an additional 1,889,934 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth about $91,357,000. Quadrature Capital Ltd acquired a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth about $84,714,000. Benjamin Edwards Inc. increased its position in shares of SPDR Gold MiniShares Trust by 1,805.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock worth $74,686,000 after purchasing an additional 1,357,506 shares in the last quarter. Finally, State Street Corp increased its position in shares of 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 purchasing an additional 973,410 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.3 %

Shares of SPDR Gold MiniShares Trust stock opened at $57.27 on Tuesday. SPDR Gold MiniShares Trust has a 12-month low of $41.52 and a 12-month high of $58.47. The company has a 50-day simple moving average of $54.88 and a 200 day simple moving average of $53.00.

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.