Farther Finance Advisors LLC Acquires 11,896 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Farther Finance Advisors LLC raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 33.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 47,659 shares of the company’s stock after purchasing an additional 11,896 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,202,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in GLDM. Cassaday & Co Wealth Management LLC bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $251,429,000. Alaska Permanent Fund Corp increased its stake in shares of SPDR Gold MiniShares Trust by 1,917.7% during the first quarter. Alaska Permanent Fund Corp now owns 2,623,000 shares of the company’s stock valued at $115,543,000 after purchasing an additional 2,493,000 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $78,793,000. Evoke Wealth LLC increased its stake in shares of SPDR Gold MiniShares Trust by 17.0% during the fourth quarter. Evoke Wealth LLC now owns 6,355,875 shares of the company’s stock valued at $260,019,000 after purchasing an additional 922,508 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of SPDR Gold MiniShares Trust by 10,912.7% during the first quarter. Van ECK Associates Corp now owns 659,993 shares of the company’s stock valued at $29,073,000 after buying an additional 654,000 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Down 0.7 %

Shares of NYSEARCA:GLDM traded down $0.36 during trading on Friday, reaching $49.59. 3,244,791 shares of the stock traded hands, compared to its average volume of 3,626,045. The stock has a 50-day moving average of $47.98 and a two-hundred day moving average of $45.90. SPDR Gold MiniShares Trust has a 52-week low of $35.99 and a 52-week high of $50.18.

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.