20,809 Shares in SPDR Gold MiniShares Trust $GLDM Bought by Hutchinson Financial Advisors INC

Hutchinson Financial Advisors INC bought a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,809 shares of the company’s stock, valued at approximately $1,363,000.

Other large investors have also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth about $28,000. Asset Planning Inc acquired a new stake in SPDR Gold MiniShares Trust during the 1st quarter valued at approximately $29,000. GAMMA Investing LLC acquired a new stake in SPDR Gold MiniShares Trust during the 1st quarter valued at approximately $29,000. Mid American Wealth Advisory Group Inc. acquired a new stake in SPDR Gold MiniShares Trust during the 2nd quarter valued at approximately $31,000. Finally, Beacon Capital Management LLC bought a new position in SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $38,000.

SPDR Gold MiniShares Trust Stock Down 0.6%

NYSEARCA:GLDM opened at $79.19 on Friday. The business’s 50 day moving average is $75.64 and its two-hundred day moving average is $69.35. SPDR Gold MiniShares Trust has a 52 week low of $50.67 and a 52 week high of $86.75.

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.