Private Advisor Group LLC Raises Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Private Advisor Group LLC boosted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 301,686 shares of the company’s stock after acquiring an additional 21,988 shares during the quarter. Private Advisor Group LLC owned about 0.19% of SPDR Gold MiniShares Trust worth $15,727,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Hantz Financial Services Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $28,000. Family Firm Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the second quarter valued at $32,000. Rothschild Investment LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the second quarter valued at $38,000. Palisade Asset Management LLC acquired a new position in SPDR Gold MiniShares Trust during the 1st quarter worth about $50,000. Finally, RFP Financial Group LLC purchased a new position in SPDR Gold MiniShares Trust during the 2nd quarter valued at about $73,000.

SPDR Gold MiniShares Trust Trading Down 1.2 %

Shares of NYSEARCA:GLDM 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 firm’s 50-day moving average is $51.30 and its two-hundred day moving average is $48.41.

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.