Financial Guidance Group Inc. decreased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 4.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 70,359 shares of the company’s stock after selling 3,580 shares during the period. SPDR Gold MiniShares Trust accounts for about 2.0% of Financial Guidance Group Inc.’s investment portfolio, making the stock its 16th biggest position. Financial Guidance Group Inc.’s holdings in SPDR Gold MiniShares Trust were worth $3,658,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. First Community Trust NA bought a new stake in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at about $43,000. Barrett & Company Inc. purchased a new position in SPDR Gold MiniShares Trust during the third quarter valued at approximately $53,000. First Horizon Advisors Inc. bought a new position in SPDR Gold MiniShares Trust in the third quarter worth approximately $65,000. Glass Jacobson Investment Advisors llc bought a new position in SPDR Gold MiniShares Trust in the third quarter worth approximately $74,000. Finally, Sanctuary Wealth Management L.L.C. purchased a new stake in SPDR Gold MiniShares Trust during the third quarter worth $76,000.
SPDR Gold MiniShares Trust Stock Up 0.1 %
Shares of NYSEARCA GLDM opened at $57.48 on Thursday. SPDR Gold MiniShares Trust has a 12-month low of $39.35 and a 12-month high of $57.69. The stock’s fifty day simple moving average is $53.62 and its two-hundred day simple moving average is $52.15.
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.
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