Bush Investment Group LLC purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the fourth quarter, HoldingsChannel reports. The firm purchased 35,349 shares of the company’s stock, valued at approximately $1,838,000. SPDR Gold MiniShares Trust makes up about 1.4% of Bush Investment Group LLC’s portfolio, making the stock its 15th biggest holding.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. CIBC Private Wealth Group LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 0.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 21,412 shares of the company’s stock worth $1,130,000 after buying an additional 185 shares during the last quarter. Allworth Financial LP raised its holdings in SPDR Gold MiniShares Trust by 8.9% in the 4th quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock valued at $144,000 after acquiring an additional 216 shares during the period. Redhawk Wealth Advisors Inc. lifted its position in SPDR Gold MiniShares Trust by 5.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 4,550 shares of the company’s stock worth $237,000 after acquiring an additional 232 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of SPDR Gold MiniShares Trust by 2.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock worth $473,000 after acquiring an additional 257 shares during the period. Finally, Retirement Income Solutions Inc grew its position in shares of SPDR Gold MiniShares Trust by 0.3% in the fourth quarter. Retirement Income Solutions Inc now owns 133,659 shares of the company’s stock valued at $6,949,000 after purchasing an additional 349 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Down 2.3 %
Shares of NYSEARCA GLDM opened at $60.15 on Monday. The stock’s fifty day moving average price is $58.18 and its two-hundred day moving average price is $54.69. SPDR Gold MiniShares Trust has a one year low of $45.13 and a one year high of $62.11.
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.
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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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