SPDR Gold MiniShares Trust (NYSEARCA:GLDM) is Bangor Savings Bank’s 10th Largest Position

Bangor Savings Bank boosted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 12.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 415,196 shares of the company’s stock after purchasing an additional 45,837 shares during the quarter. SPDR Gold MiniShares Trust makes up 2.4% of Bangor Savings Bank’s holdings, making the stock its 10th largest position. Bangor Savings Bank’s holdings in SPDR Gold MiniShares Trust were worth $25,696,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. grew its position in shares of SPDR Gold MiniShares Trust by 2.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock valued at $473,000 after purchasing an additional 257 shares during the period. Allworth Financial LP lifted its stake 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 valued at $144,000 after buying an additional 216 shares in the last quarter. Theory Financial LLC acquired a new stake in SPDR Gold MiniShares Trust in the 4th quarter worth about $491,000. Glenview Trust co increased its stake in SPDR Gold MiniShares Trust by 0.4% during the 4th quarter. Glenview Trust co now owns 119,208 shares of the company’s stock worth $6,198,000 after buying an additional 474 shares in the last quarter. Finally, Compass Ion Advisors LLC increased its stake in SPDR Gold MiniShares Trust by 13.8% during the 4th quarter. Compass Ion Advisors LLC now owns 33,093 shares of the company’s stock worth $1,721,000 after buying an additional 4,016 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of SPDR Gold MiniShares Trust stock opened at $65.59 on Friday. The business has a 50 day simple moving average of $64.60 and a two-hundred day simple moving average of $58.56. SPDR Gold MiniShares Trust has a 12 month low of $45.47 and a 12 month high of $68.23.

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.