Lloyd Advisory Services LLC. purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 23,040 shares of the company’s stock, valued at approximately $1,967,000. SPDR Gold MiniShares Trust comprises about 0.8% of Lloyd Advisory Services LLC.’s portfolio, making the stock its 20th largest holding.
A number of other institutional investors have also recently made changes to their positions in GLDM. Accredited Wealth Management LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 174.4% in the 3rd quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after acquiring an additional 218 shares during the last quarter. Networth Advisors LLC bought a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at about $33,000. Gould Capital LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 377.8% in the 3rd quarter. Gould Capital LLC now owns 516 shares of the company’s stock valued at $39,000 after acquiring an additional 408 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 34.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $43,000 after acquiring an additional 145 shares during the last quarter. Finally, Bogart Wealth LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 684.3% in the 4th quarter. Bogart Wealth LLC now owns 651 shares of the company’s stock valued at $56,000 after acquiring an additional 568 shares during the last quarter.
SPDR Gold MiniShares Trust Price Performance
Shares of NYSEARCA GLDM opened at $89.21 on Friday. SPDR Gold MiniShares Trust has a 1 year low of $64.46 and a 1 year high of $109.74. The firm has a 50-day simple moving average of $92.61 and a two-hundred day simple moving average of $91.45.
Trending Headlines about SPDR Gold MiniShares Trust
- Negative Sentiment: Spot gold weakened as firm Treasury yields, a stronger dollar, and hawkish Fed inflation comments offset safe-haven demand tied to U.S.-Iran tensions. Gold weakens as U.S.-Iran talks keep oil, rates in focus – Kitco PM Report
- Negative Sentiment: Gold prices are being pulled back by concerns that the Fed may need to raise rates to combat inflation, which hurts demand for non-yielding assets like gold. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Worry About Hawkish Fed
- Negative Sentiment: Gold and silver are trading lower as a firmer dollar, higher yields, and rate-hike fears continue to pressure precious metals near support levels. Gold, silver ease as dollar firms, U.S.-Iran talks drag on – Kitco AM Report
- Neutral Sentiment: Several forecasts say gold remains in a longer-term bullish structure, but near-term momentum has faded and prices are compressing ahead of a potential breakout. Gold (XAU/USD) Price Forecast: Compression Signals Major Breakout Potential
- Neutral Sentiment: Gold is holding key support, but the market is stuck between rate-hike worries and bond-market stress, leaving direction uncertain for now. Gold, silver prices remain caught between rate hike fears and bond market stress
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.
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