SPDR Gold MiniShares Trust $GLDM Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 24.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,509 shares of the company’s stock after acquiring an additional 5,860 shares during the period. Valmark Advisers Inc.’s holdings in SPDR Gold MiniShares Trust were worth $1,933,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of GLDM. ORG Partners LLC acquired a new position in SPDR Gold MiniShares Trust during the second quarter valued at approximately $28,000. PSI Advisors LLC lifted its position in SPDR Gold MiniShares Trust by 102.6% during the first quarter. PSI Advisors LLC now owns 472 shares of the company’s stock valued at $29,000 after buying an additional 239 shares in the last quarter. Asset Planning Inc acquired a new position in SPDR Gold MiniShares Trust during the first quarter valued at approximately $29,000. GAMMA Investing LLC acquired a new position in SPDR Gold MiniShares Trust during the first quarter valued at approximately $29,000. Finally, Beacon Capital Management LLC acquired a new position in SPDR Gold MiniShares Trust during the second quarter valued at approximately $38,000.

SPDR Gold MiniShares Trust Stock Up 1.6%

Shares of GLDM stock opened at $80.09 on Thursday. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $80.36. The firm’s 50 day moving average price is $70.62 and its two-hundred day moving average price is $66.93.

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.