SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Stock Position Lifted by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. boosted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 14.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,122 shares of the company’s stock after purchasing an additional 4,922 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in SPDR Gold MiniShares Trust were worth $2,039,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. CENTRAL TRUST Co lifted its position in shares of SPDR Gold MiniShares Trust by 1.3% in the 3rd quarter. CENTRAL TRUST Co now owns 14,935 shares of the company’s stock worth $779,000 after buying an additional 197 shares during the last quarter. MONECO Advisors LLC raised its stake in SPDR Gold MiniShares Trust by 4.0% during the third quarter. MONECO Advisors LLC now owns 5,455 shares of the company’s stock worth $284,000 after acquiring an additional 208 shares during the period. Exchange Traded Concepts LLC lifted its holdings in SPDR Gold MiniShares Trust by 7.2% in the third quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after acquiring an additional 210 shares during the last quarter. Patten Group Inc. boosted its stake in SPDR Gold MiniShares Trust by 2.7% in the third quarter. Patten Group Inc. now owns 8,195 shares of the company’s stock valued at $427,000 after acquiring an additional 212 shares during the period. Finally, Laidlaw Wealth Management LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 3.5% during the second quarter. Laidlaw Wealth Management LLC now owns 10,012 shares of the company’s stock valued at $461,000 after purchasing an additional 338 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.2 %

Shares of NYSEARCA GLDM traded up $0.12 during mid-day trading on Tuesday, hitting $54.36. The company had a trading volume of 295,791 shares, compared to its average volume of 3,613,586. SPDR Gold MiniShares Trust has a 12 month low of $38.32 and a 12 month high of $55.29. The firm’s 50 day simple moving average is $52.08 and its two-hundred day simple moving average is $48.85.

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.