SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Bought by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 66,263 shares of the company’s stock after purchasing an additional 3,776 shares during the period. Cabot Wealth Management Inc.’s holdings in SPDR Gold MiniShares Trust were worth $3,445,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. First Community Trust NA acquired a new stake in SPDR Gold MiniShares Trust in the 4th quarter worth approximately $43,000. Barrett & Company Inc. purchased a new position in shares of SPDR Gold MiniShares Trust in the third quarter worth $53,000. First Horizon Advisors Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth $65,000. Glass Jacobson Investment Advisors llc purchased a new stake in shares of SPDR Gold MiniShares Trust during the third quarter valued at $74,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at $76,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM stock opened at $58.14 on Friday. The business has a fifty day moving average of $54.33 and a 200 day moving average of $52.64. SPDR Gold MiniShares Trust has a 1 year low of $40.06 and a 1 year high of $58.37.

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.