13,026 Shares in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Bought by Spectrum Planning & Advisory Services Inc.

Spectrum Planning & Advisory Services Inc. purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,026 shares of the company’s stock, valued at approximately $677,000. SPDR Gold MiniShares Trust comprises approximately 0.6% of Spectrum Planning & Advisory Services Inc.’s investment portfolio, making the stock its 28th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CENTRAL TRUST Co grew its holdings in SPDR Gold MiniShares Trust by 1.3% in the third quarter. CENTRAL TRUST Co now owns 14,935 shares of the company’s stock valued at $779,000 after purchasing an additional 197 shares during the period. MONECO Advisors LLC increased its holdings in SPDR Gold MiniShares Trust by 4.0% in the 3rd quarter. MONECO Advisors LLC now owns 5,455 shares of the company’s stock worth $284,000 after acquiring an additional 208 shares in the last quarter. Exchange Traded Concepts LLC raised its position in SPDR Gold MiniShares Trust by 7.2% during 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 period. Patten Group Inc. lifted its holdings in SPDR Gold MiniShares Trust by 2.7% during the third 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. grew its position in shares of SPDR Gold MiniShares Trust by 5.4% in the fourth 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 stock opened at $54.77 on Wednesday. SPDR Gold MiniShares Trust has a 52 week low of $39.35 and a 52 week high of $55.29. The firm has a 50-day simple moving average of $52.77 and a 200-day simple moving average of $51.52.

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.