SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Purchased by Continuum Wealth Advisors LLC

Continuum Wealth Advisors LLC grew its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 5.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 136,234 shares of the company’s stock after buying an additional 7,241 shares during the quarter. SPDR Gold MiniShares Trust comprises about 3.6% of Continuum Wealth Advisors LLC’s holdings, making the stock its 7th biggest position. Continuum Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $7,083,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. First Community Trust NA bought a new stake in SPDR Gold MiniShares Trust during the fourth quarter valued at about $43,000. Barrett & Company Inc. bought a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $53,000. First Horizon Advisors Inc. bought a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $65,000. Glass Jacobson Investment Advisors llc bought a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $74,000. Finally, Sanctuary Wealth Management L.L.C. bought a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $76,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $58.46 on Tuesday. SPDR Gold MiniShares Trust has a 12 month low of $40.16 and a 12 month high of $58.47. The company has a 50-day moving average price of $54.44 and a two-hundred day moving average price of $52.75.

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.