Capstone Financial Advisors Inc. Makes New $327,000 Investment in SPDR Gold MiniShares Trust $GLDM

Capstone Financial Advisors Inc. acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,992 shares of the company’s stock, valued at approximately $327,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. CWM LLC boosted its position in SPDR Gold MiniShares Trust by 11.1% during the 1st quarter. CWM LLC now owns 2,120 shares of the company’s stock worth $131,000 after purchasing an additional 212 shares during the period. Sigma Planning Corp raised its position in SPDR Gold MiniShares Trust by 9.5% in the first quarter. Sigma Planning Corp now owns 11,669 shares of the company’s stock valued at $722,000 after purchasing an additional 1,008 shares during the period. Larson Financial Group LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 25.7% during the first quarter. Larson Financial Group LLC now owns 3,237 shares of the company’s stock worth $200,000 after purchasing an additional 662 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 25.2% in the first quarter. Victory Capital Management Inc. now owns 5,635 shares of the company’s stock worth $349,000 after buying an additional 1,133 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the first quarter valued at about $405,000.

SPDR Gold MiniShares Trust Trading Down 0.8%

Shares of NYSEARCA:GLDM opened at $82.42 on Friday. The business’s 50-day simple moving average is $77.77 and its 200 day simple moving average is $70.25. SPDR Gold MiniShares Trust has a one year low of $50.67 and a one year high of $86.75.

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.