Foundations Investment Advisors LLC Boosts Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Foundations Investment Advisors LLC raised its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.0% in the third quarter, Holdings Channel reports. The institutional investor owned 38,332 shares of the company’s stock after buying an additional 2,511 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,998,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in GLDM. Wealthcare Advisory Partners LLC raised its holdings in SPDR Gold MiniShares Trust by 10.1% in the first quarter. Wealthcare Advisory Partners LLC now owns 70,349 shares of the company’s stock worth $3,099,000 after buying an additional 6,449 shares during the last quarter. Signet Financial Management LLC raised its holdings in SPDR Gold MiniShares Trust by 15.3% in the 1st quarter. Signet Financial Management LLC now owns 6,721 shares of the company’s stock worth $296,000 after acquiring an additional 894 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in SPDR Gold MiniShares Trust by 2.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 240,973 shares of the company’s stock valued at $10,615,000 after acquiring an additional 6,537 shares in the last quarter. DeDora Capital Inc. purchased a new stake in SPDR Gold MiniShares Trust during the 1st quarter valued at $203,000. Finally, Astoria Portfolio Advisors LLC. increased its holdings in shares of SPDR Gold MiniShares Trust by 2.4% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 102,889 shares of the company’s stock worth $4,868,000 after purchasing an additional 2,382 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $53.82 on Thursday. SPDR Gold MiniShares Trust has a 1-year low of $38.32 and a 1-year high of $54.47. The business has a fifty day moving average price of $51.30 and a 200-day moving average price of $48.41.

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.