Lifelong Wealth Advisors Inc. Buys 6,636 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Lifelong Wealth Advisors Inc. lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 79.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,958 shares of the company’s stock after purchasing an additional 6,636 shares during the period. SPDR Gold MiniShares Trust accounts for approximately 0.4% of Lifelong Wealth Advisors Inc.’s holdings, making the stock its 28th largest holding. Lifelong Wealth Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $926,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. CIBC Private Wealth Group LLC boosted its position in shares of SPDR Gold MiniShares Trust by 0.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 21,412 shares of the company’s stock worth $1,130,000 after purchasing an additional 185 shares during the last quarter. PSI Advisors LLC boosted its position in shares of SPDR Gold MiniShares Trust by 102.6% in the 1st quarter. PSI Advisors LLC now owns 472 shares of the company’s stock worth $29,000 after purchasing an additional 239 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 2.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock worth $473,000 after purchasing an additional 257 shares during the last quarter. Paladin Wealth LLC boosted its position in shares of SPDR Gold MiniShares Trust by 1.6% in the 1st quarter. Paladin Wealth LLC now owns 16,533 shares of the company’s stock worth $1,023,000 after purchasing an additional 259 shares during the last quarter. Finally, Waverly Advisors LLC boosted its position in shares of SPDR Gold MiniShares Trust by 4.5% in the 4th quarter. Waverly Advisors LLC now owns 6,329 shares of the company’s stock worth $329,000 after purchasing an additional 273 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA:GLDM opened at $66.03 on Thursday. SPDR Gold MiniShares Trust has a 12-month low of $45.47 and a 12-month high of $68.26. The stock’s fifty day simple moving average is $65.85 and its 200-day simple moving average is $59.79.

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.