Savvy Advisors Inc. Acquires New Shares in SPDR Gold MiniShares Trust $GLDM

Savvy Advisors Inc. acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,152 shares of the company’s stock, valued at approximately $207,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLDM. GAMMA Investing LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the first quarter valued at approximately $29,000. Kestra Private Wealth Services LLC increased its stake in SPDR Gold MiniShares Trust by 4.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 43,827 shares of the company’s stock worth $2,712,000 after buying an additional 2,018 shares during the period. Wedbush Securities Inc. acquired a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth approximately $209,000. Brown Advisory Inc. boosted its position in SPDR Gold MiniShares Trust by 5.8% in the 1st quarter. Brown Advisory Inc. now owns 16,575 shares of the company’s stock valued at $1,026,000 after buying an additional 916 shares during the period. Finally, Rosenberg Matthew Hamilton boosted its position in SPDR Gold MiniShares Trust by 13.0% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 2,162 shares of the company’s stock valued at $142,000 after buying an additional 249 shares during the period.

SPDR Gold MiniShares Trust Stock Down 0.6%

SPDR Gold MiniShares Trust stock opened at $79.19 on Monday. SPDR Gold MiniShares Trust has a twelve month low of $50.67 and a twelve month high of $86.75. The stock’s fifty day simple moving average is $75.64 and its 200-day simple moving average is $69.41.

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.