Baker Ellis Asset Management LLC Has $2.86 Million Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Baker Ellis Asset Management LLC boosted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,000 shares of the company’s stock after buying an additional 1,000 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,859,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. First Community Trust NA acquired a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at about $43,000. Barrett & Company Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $53,000. First Horizon Advisors Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $65,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $74,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $76,000.

SPDR Gold MiniShares Trust Stock Up 0.5 %

Shares of NYSEARCA:GLDM opened at $54.62 on Thursday. The stock’s 50-day moving average is $52.51 and its 200-day moving average is $51.29. SPDR Gold MiniShares Trust has a 52-week low of $39.35 and a 52-week high of $55.29.

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.