Scotia Capital Inc. Buys Shares of 37,812 SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Scotia Capital Inc. acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,812 shares of the company’s stock, valued at approximately $1,966,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GLDM. CIBC Private Wealth Group LLC raised its position in SPDR Gold MiniShares Trust by 0.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 21,412 shares of the company’s stock valued at $1,130,000 after buying an additional 185 shares during the period. Allworth Financial LP increased its position in SPDR Gold MiniShares Trust by 8.9% in the 4th quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock worth $144,000 after purchasing an additional 216 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 5.4% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 4,550 shares of the company’s stock worth $237,000 after purchasing an additional 232 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 2.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock valued at $473,000 after buying an additional 257 shares during the last quarter. Finally, Retirement Income Solutions Inc grew its stake in shares of SPDR Gold MiniShares Trust by 0.3% in the 4th quarter. Retirement Income Solutions Inc now owns 133,659 shares of the company’s stock valued at $6,949,000 after buying an additional 349 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.9 %

NYSEARCA GLDM opened at $64.01 on Friday. SPDR Gold MiniShares Trust has a 12-month low of $45.13 and a 12-month high of $64.28. The company has a 50 day moving average price of $58.98 and a two-hundred day moving average price of $55.08.

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.