Verus Capital Partners LLC acquired a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 5,831 shares of the company’s stock, valued at approximately $382,000.
A number of other hedge funds have also recently modified their holdings of GLDM. Alpha Cubed Investments LLC increased its stake in shares of SPDR Gold MiniShares Trust by 57.3% in the 2nd quarter. Alpha Cubed Investments LLC now owns 16,051 shares of the company’s stock worth $1,052,000 after acquiring an additional 5,850 shares in the last quarter. Allworth Financial LP grew its holdings in SPDR Gold MiniShares Trust by 868.9% in the second quarter. Allworth Financial LP now owns 25,656 shares of the company’s stock worth $1,681,000 after purchasing an additional 23,008 shares during the period. Global Wealth Management Investment Advisory Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 4.5% during the second quarter. Global Wealth Management Investment Advisory Inc. now owns 44,296 shares of the company’s stock valued at $2,902,000 after purchasing an additional 1,927 shares in the last quarter. Prospera Financial Services Inc bought a new position in SPDR Gold MiniShares Trust during the 2nd quarter valued at approximately $237,000. Finally, RWA Wealth Partners LLC raised its stake in SPDR Gold MiniShares Trust by 74.7% during the second quarter. RWA Wealth Partners LLC now owns 59,518 shares of the company’s stock valued at $3,900,000 after buying an additional 25,453 shares during the last quarter.
SPDR Gold MiniShares Trust Price Performance
NYSEARCA GLDM opened at $83.05 on Thursday. SPDR Gold MiniShares Trust has a 12 month low of $50.67 and a 12 month high of $86.75. The stock’s fifty day moving average price is $77.53 and its 200-day moving average price is $70.16.
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.
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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).
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