Physician Wealth Advisors Inc. purchased a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 40,012 shares of the company’s stock, valued at approximately $2,080,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. CIBC Private Wealth Group LLC boosted its holdings in SPDR Gold MiniShares Trust by 0.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 21,412 shares of the company’s stock worth $1,130,000 after acquiring an additional 185 shares in the last quarter. Sanctuary Wealth Management L.L.C. boosted its stake in SPDR Gold MiniShares Trust by 97.1% in the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 2,872 shares of the company’s stock worth $149,000 after purchasing an additional 1,415 shares in the last quarter. RWA Wealth Partners LLC grew its position in SPDR Gold MiniShares Trust by 486.3% during the 4th quarter. RWA Wealth Partners LLC now owns 30,681 shares of the company’s stock valued at $1,595,000 after purchasing an additional 25,448 shares during the last quarter. Transamerica Financial Advisors Inc. increased its stake in SPDR Gold MiniShares Trust by 0.6% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 86,818 shares of the company’s stock valued at $4,514,000 after purchasing an additional 515 shares in the last quarter. Finally, WealthTrak Capital Management LLC purchased a new position in SPDR Gold MiniShares Trust in the fourth quarter worth about $118,000.
SPDR Gold MiniShares Trust Trading Up 0.8 %
NYSEARCA:GLDM opened at $61.03 on Friday. The company’s 50 day moving average price is $57.48 and its 200-day moving average price is $54.29. SPDR Gold MiniShares Trust has a 52 week low of $44.19 and a 52 week high of $61.14.
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.
Featured Stories
- Five stocks we like better than SPDR Gold MiniShares Trust
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- MarketBeat Week in Review – 03/24 – 03/28
- Do ETFs Pay Dividends? What You Need to Know
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
- 3 Dividend Kings To Consider
- 4 Healthcare Stocks With Massive Gains—and More to Come
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.
