Flagship Harbor Advisors LLC Grows Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Flagship Harbor Advisors LLC raised its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 11.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 66,786 shares of the company’s stock after acquiring an additional 6,740 shares during the period. Flagship Harbor Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,472,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. First Community Trust NA bought a new stake in SPDR Gold MiniShares Trust during the 4th quarter valued at $43,000. Barrett & Company Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust in the third quarter worth about $53,000. First Horizon Advisors Inc. bought a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at approximately $65,000. Glass Jacobson Investment Advisors llc bought a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth approximately $74,000. Finally, Sanctuary Wealth Management L.L.C. bought a new position in SPDR Gold MiniShares Trust in the 3rd quarter valued at $76,000.

SPDR Gold MiniShares Trust Stock Up 0.7 %

SPDR Gold MiniShares Trust stock opened at $54.91 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $39.35 and a fifty-two week high of $55.29. The firm’s fifty day moving average price is $52.66 and its 200-day moving average price is $51.40.

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.