Shira Ridge Wealth Management Takes $2.18 Million Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Shira Ridge Wealth Management acquired a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 35,219 shares of the company’s stock, valued at approximately $2,180,000. SPDR Gold MiniShares Trust makes up 1.1% of Shira Ridge Wealth Management’s portfolio, making the stock its 24th biggest position.

Several other large investors have also recently modified their holdings of the company. Evoke Wealth LLC raised its stake in shares of SPDR Gold MiniShares Trust by 0.7% during the 4th quarter. Evoke Wealth LLC now owns 6,604,327 shares of the company’s stock worth $343,359,000 after acquiring an additional 47,341 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its stake in shares of SPDR Gold MiniShares Trust by 1.9% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock worth $298,653,000 after acquiring an additional 106,433 shares in the last quarter. Bank of America Corp DE raised its stake in shares of SPDR Gold MiniShares Trust by 109.5% during the 4th quarter. Bank of America Corp DE now owns 4,683,654 shares of the company’s stock worth $243,503,000 after acquiring an additional 2,447,630 shares in the last quarter. LPL Financial LLC raised its stake in shares of SPDR Gold MiniShares Trust by 23.8% during the 4th quarter. LPL Financial LLC now owns 2,196,980 shares of the company’s stock worth $114,221,000 after acquiring an additional 422,213 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 12.2% during the 4th quarter. Ameriprise Financial Inc. now owns 2,092,817 shares of the company’s stock worth $108,828,000 after acquiring an additional 228,317 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.5%

NYSEARCA GLDM opened at $65.90 on Tuesday. The company has a 50 day moving average price of $64.68 and a 200 day moving average price of $58.68. SPDR Gold MiniShares Trust has a 52 week low of $45.47 and a 52 week 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.