4WEALTH Advisors Inc. Buys Shares of 10,258 SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

4WEALTH Advisors Inc. purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,258 shares of the company’s stock, valued at approximately $533,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Brookstone Capital Management raised its stake in shares of SPDR Gold MiniShares Trust by 25.5% during the fourth quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock valued at $5,149,000 after acquiring an additional 20,124 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in SPDR Gold MiniShares Trust by 2.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock worth $473,000 after acquiring an additional 257 shares during the last quarter. Allworth Financial LP boosted its position in shares of SPDR Gold MiniShares Trust by 8.9% during the fourth quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock valued at $144,000 after buying an additional 216 shares during the last quarter. Theory Financial LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter worth approximately $491,000. Finally, Lodestar Private Asset Management LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 5.6% in the fourth quarter. Lodestar Private Asset Management LLC now owns 77,733 shares of the company’s stock worth $4,041,000 after acquiring an additional 4,097 shares during the period.

SPDR Gold MiniShares Trust Stock Down 2.1 %

GLDM stock opened at $63.92 on Friday. The business’s 50-day moving average price is $61.22 and its 200-day moving average price is $56.33. SPDR Gold MiniShares Trust has a twelve month low of $45.13 and a twelve month high of $68.23.

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.