SPDR Gold MiniShares Trust $GLDM Position Raised by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC lifted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 4.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,131 shares of the company’s stock after purchasing an additional 2,863 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,595,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of GLDM. GAMMA Investing LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the first quarter valued at about $29,000. Janney Montgomery Scott LLC raised its stake in shares of SPDR Gold MiniShares Trust by 2.4% during the first quarter. Janney Montgomery Scott LLC now owns 80,466 shares of the company’s stock valued at $4,980,000 after purchasing an additional 1,916 shares in the last quarter. Sowell Financial Services LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the first quarter valued at about $306,000. Johnson Investment Counsel Inc. bought a new stake in shares of SPDR Gold MiniShares Trust during the first quarter valued at about $240,000. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 10.1% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 10,013 shares of the company’s stock valued at $620,000 after purchasing an additional 919 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $83.70 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $85.47. The firm’s 50-day simple moving average is $72.76 and its 200 day simple moving average is $68.00.

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.