Flynn Zito Capital Management LLC Has $4.70 Million Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Flynn Zito Capital Management LLC lifted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 114,976 shares of the company’s stock after acquiring an additional 1,678 shares during the period. SPDR Gold MiniShares Trust makes up about 3.2% of Flynn Zito Capital Management LLC’s portfolio, making the stock its 9th largest holding. Flynn Zito Capital Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,704,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. VitalStone Financial LLC increased its position in SPDR Gold MiniShares Trust by 611.1% in the 3rd quarter. VitalStone Financial LLC now owns 640 shares of the company’s stock valued at $25,000 after acquiring an additional 550 shares during the period. Parkside Financial Bank & Trust acquired a new position in SPDR Gold MiniShares Trust in the 3rd quarter valued at approximately $30,000. Fortitude Family Office LLC acquired a new position in SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $40,000. Citigroup Inc. increased its position in SPDR Gold MiniShares Trust by 1,201.0% in the 3rd quarter. Citigroup Inc. now owns 1,353 shares of the company’s stock valued at $50,000 after acquiring an additional 1,249 shares during the period. Finally, Salem Investment Counselors Inc. acquired a new position in SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $51,000.

SPDR Gold MiniShares Trust Trading Up 0.3 %

NYSEARCA GLDM traded up $0.14 on Thursday, hitting $47.19. The company’s stock had a trading volume of 3,698,178 shares, compared to its average volume of 3,574,872. SPDR Gold MiniShares Trust has a 1-year low of $35.99 and a 1-year high of $48.21. The company’s 50-day moving average is $42.88 and its 200 day moving average is $40.72.

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.