SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Stake Lifted by Kraematon Investment Advisors Inc.

Kraematon Investment Advisors Inc. grew its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 20.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 63,124 shares of the company’s stock after acquiring an additional 10,575 shares during the quarter. SPDR Gold MiniShares Trust comprises about 2.6% of Kraematon Investment Advisors Inc.’s portfolio, making the stock its 9th biggest position. Kraematon Investment Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $2,404,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Retirement Group LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at $29,000. Bell Investment Advisors Inc acquired a new stake in shares of SPDR Gold MiniShares Trust in the 1st quarter worth $31,000. Bessemer Group Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 135.5% in the 1st quarter. Bessemer Group Inc. now owns 869 shares of the company’s stock worth $34,000 after purchasing an additional 500 shares in the last quarter. RFP Financial Group LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth $46,000. Finally, Global Retirement Partners LLC boosted its position in shares of SPDR Gold MiniShares Trust by 59.4% in the 1st quarter. Global Retirement Partners LLC now owns 1,162 shares of the company’s stock worth $47,000 after purchasing an additional 433 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Down 0.4 %

Shares of SPDR Gold MiniShares Trust stock traded down $0.15 during trading on Monday, reaching $39.15. The company’s stock had a trading volume of 848,151 shares, compared to its average volume of 1,355,992. SPDR Gold MiniShares Trust has a 1-year low of $34.40 and a 1-year high of $40.87. The company has a 50-day simple moving average of $38.23 and a two-hundred day simple moving average of $38.49.

SPDR Gold MiniShares Trust 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.