Principal Financial Group Inc. Takes $91.36 Million Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Principal Financial Group Inc. acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,757,205 shares of the company’s stock, valued at approximately $91,357,000. Principal Financial Group Inc. owned about 1.13% of SPDR Gold MiniShares Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. First Community Trust NA acquired a new stake in SPDR Gold MiniShares Trust during the 4th quarter worth $43,000. Barrett & Company Inc. acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth $53,000. First Horizon Advisors Inc. acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth $65,000. Glass Jacobson Investment Advisors llc acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth $74,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth $76,000.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $58.12 on Wednesday. The company’s fifty day moving average is $54.02 and its 200-day moving average is $52.45. SPDR Gold MiniShares Trust has a twelve month low of $40.06 and a twelve month high of $58.18.

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.