Hollow Brook Wealth Management LLC boosted its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 0.6% in the third quarter, Holdings Channel.com reports. The firm owned 1,162,135 shares of the company’s stock after purchasing an additional 7,459 shares during the quarter. SPDR Gold MiniShares Trust comprises 18.0% of Hollow Brook Wealth Management LLC’s portfolio, making the stock its biggest holding. Hollow Brook Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $60,582,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. MONECO Advisors LLC bought a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at about $242,000. Raymond James Financial Services Advisors Inc. increased its stake in SPDR Gold MiniShares Trust by 1.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 407,243 shares of the company’s stock valued at $18,770,000 after buying an additional 7,671 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of SPDR Gold MiniShares Trust by 14.9% during the 2nd quarter. SG Americas Securities LLC now owns 20,148 shares of the company’s stock worth $929,000 after buying an additional 2,618 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 7.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after buying an additional 210 shares during the last quarter. Finally, SNS Financial Group LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 0.9% in the second quarter. SNS Financial Group LLC now owns 518,539 shares of the company’s stock valued at $23,899,000 after acquiring an additional 4,732 shares in the last quarter.
SPDR Gold MiniShares Trust Trading Down 0.6 %
Shares of SPDR Gold MiniShares Trust stock opened at $52.40 on Monday. The business’s fifty day simple moving average is $52.89 and its 200 day simple moving average is $49.67. SPDR Gold MiniShares Trust has a 12 month low of $39.19 and a 12 month high of $55.29.
SPDR Gold MiniShares Trust 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.
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