Concurrent Investment Advisors LLC purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,408 shares of the company’s stock, valued at approximately $354,000.
Other large investors have also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new position in shares of SPDR Gold MiniShares Trust in the second quarter valued at approximately $28,000. GAMMA Investing LLC acquired a new stake in SPDR Gold MiniShares Trust during the 1st quarter valued at $29,000. Asset Planning Inc acquired a new stake in SPDR Gold MiniShares Trust during the 1st quarter valued at $29,000. Beacon Capital Management LLC bought a new position in SPDR Gold MiniShares Trust in the 2nd quarter valued at $38,000. Finally, Financial Management Professionals Inc. boosted its stake in SPDR Gold MiniShares Trust by 41.7% in the second quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock worth $39,000 after purchasing an additional 175 shares in the last quarter.
SPDR Gold MiniShares Trust Stock Performance
Shares of GLDM stock opened at $83.70 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $50.67 and a 52 week high of $85.47. The stock’s fifty day moving average is $72.76 and its 200-day 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.
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