SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Holdings Raised by Gradient Investments LLC

Gradient Investments LLC increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 918,918 shares of the company’s stock after buying an additional 18,335 shares during the quarter. SPDR Gold MiniShares Trust comprises about 1.0% of Gradient Investments LLC’s holdings, making the stock its 26th biggest position. Gradient Investments LLC’s holdings in SPDR Gold MiniShares Trust were worth $47,775,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. CENTRAL TRUST Co lifted its stake 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 acquiring an additional 197 shares during the period. MONECO Advisors LLC raised its holdings 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 purchasing an additional 208 shares in the last quarter. Exchange Traded Concepts LLC lifted its position 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 purchasing an additional 210 shares during the period. Patten Group Inc. boosted its stake in SPDR Gold MiniShares Trust by 2.7% during the 3rd quarter. Patten Group Inc. now owns 8,195 shares of the company’s stock valued at $427,000 after purchasing an additional 212 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. increased its position in shares of SPDR Gold MiniShares Trust by 5.4% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 4,550 shares of the company’s stock valued at $237,000 after purchasing an additional 232 shares during the period.

SPDR Gold MiniShares Trust Price Performance

GLDM opened at $54.91 on Friday. The stock’s fifty day moving average is $52.66 and its 200-day moving average is $51.37. SPDR Gold MiniShares Trust has a one year low of $39.35 and a one year high of $55.29.

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.