Foundations Investment Advisors LLC increased its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 9.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,590 shares of the company’s stock after buying an additional 5,182 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,904,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in the business. ORG Partners LLC acquired a new stake in SPDR Gold MiniShares Trust in the second quarter worth about $28,000. Asset Planning Inc acquired a new position in shares of SPDR Gold MiniShares Trust during the first quarter valued at about $29,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at approximately $31,000. Atlantic Union Bankshares Corp acquired a new stake in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $31,000. Finally, Beacon Capital Management LLC purchased a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $38,000.
SPDR Gold MiniShares Trust Stock Performance
Shares of SPDR Gold MiniShares Trust stock opened at $80.90 on Friday. The firm’s 50 day simple moving average is $77.96 and its two-hundred day simple moving average is $70.38. SPDR Gold MiniShares Trust has a 12-month low of $50.70 and a 12-month high of $86.75.
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.
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