Mather Group LLC. Buys 898 Shares of SPDR Gold MiniShares Trust $GLDM

Mather Group LLC. boosted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 11.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,643 shares of the company’s stock after buying an additional 898 shares during the period. Mather Group LLC.’s holdings in SPDR Gold MiniShares Trust were worth $566,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Johnson Investment Counsel Inc. bought a new position in shares of SPDR Gold MiniShares Trust during the first quarter valued at $240,000. GAMMA Investing LLC bought a new stake in SPDR Gold MiniShares Trust during the 1st quarter valued at about $29,000. Kestra Private Wealth Services LLC increased its stake in SPDR Gold MiniShares Trust by 4.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 43,827 shares of the company’s stock valued at $2,712,000 after purchasing an additional 2,018 shares in the last quarter. Sowell Financial Services LLC purchased a new position in SPDR Gold MiniShares Trust in the first quarter worth about $306,000. Finally, Wedbush Securities Inc. bought a new position in shares of SPDR Gold MiniShares Trust in the first quarter worth approximately $209,000.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM opened at $74.17 on Friday. The firm has a 50 day moving average of $68.70 and a 200 day moving average of $65.82. SPDR Gold MiniShares Trust has a twelve month low of $50.67 and a twelve month high of $75.04.

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.