Relyea Zuckerberg Hanson LLC Raises Stake in SPDR Gold MiniShares Trust $GLDM

Relyea Zuckerberg Hanson LLC increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 48.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,876 shares of the company’s stock after purchasing an additional 8,072 shares during the quarter. Relyea Zuckerberg Hanson LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,630,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Duncan Williams Asset Management LLC purchased a new position in SPDR Gold MiniShares Trust in the second quarter valued at about $1,798,000. Beacon Financial Advisory LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 6.6% in the 2nd quarter. Beacon Financial Advisory LLC now owns 5,938 shares of the company’s stock worth $389,000 after acquiring an additional 366 shares during the period. Simplicity Wealth LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $1,474,000. Kraematon Investment Advisors Inc. increased its stake in SPDR Gold MiniShares Trust by 0.9% in the 2nd quarter. Kraematon Investment Advisors Inc. now owns 59,204 shares of the company’s stock valued at $3,879,000 after purchasing an additional 557 shares in the last quarter. Finally, Quent Capital LLC raised its position in SPDR Gold MiniShares Trust by 10.4% during the second quarter. Quent Capital LLC now owns 147,096 shares of the company’s stock worth $9,638,000 after acquiring an additional 13,824 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $76.92 on Monday. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $77.13. The stock has a fifty day moving average of $69.80 and a two-hundred day moving average of $66.62.

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.