Mutual Advisors LLC Acquires 2,914 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Mutual Advisors LLC lifted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 27.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 13,510 shares of the company’s stock after buying an additional 2,914 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $727,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in GLDM. The Manufacturers Life Insurance Company bought a new position in shares of SPDR Gold MiniShares Trust in the second quarter worth about $31,681,000. Copperwynd Financial LLC boosted its stake in SPDR Gold MiniShares Trust by 1.0% during the second quarter. Copperwynd Financial LLC now owns 50,770 shares of the company’s stock valued at $2,466,000 after buying an additional 506 shares during the last quarter. Creative Planning boosted its stake in SPDR Gold MiniShares Trust by 6.1% during the second quarter. Creative Planning now owns 42,039 shares of the company’s stock valued at $1,938,000 after buying an additional 2,400 shares during the last quarter. NewEdge Advisors LLC boosted its stake in SPDR Gold MiniShares Trust by 4,536.6% during the second quarter. NewEdge Advisors LLC now owns 47,201 shares of the company’s stock valued at $2,175,000 after buying an additional 46,183 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in SPDR Gold MiniShares Trust by 10.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 13,863 shares of the company’s stock valued at $639,000 after buying an additional 1,314 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of SPDR Gold MiniShares Trust stock opened at $54.91 on Monday. The stock has a 50 day moving average of $52.66 and a 200 day moving average of $51.43. SPDR Gold MiniShares Trust has a 12 month low of $39.35 and a 12 month high of $55.29.

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.