SPDR Gold MiniShares Trust $GLDM Stock Position Raised by Evernest Financial Advisors LLC

Evernest Financial Advisors LLC boosted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 396,942 shares of the company’s stock after acquiring an additional 25,575 shares during the period. SPDR Gold MiniShares Trust accounts for approximately 8.4% of Evernest Financial Advisors LLC’s portfolio, making the stock its biggest position. Evernest Financial Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $26,008,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of GLDM. ORG Partners LLC purchased a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth about $28,000. PSI Advisors LLC increased its holdings in SPDR Gold MiniShares Trust by 102.6% during the 1st quarter. PSI Advisors LLC now owns 472 shares of the company’s stock worth $29,000 after purchasing an additional 239 shares during the period. GAMMA Investing LLC purchased a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth about $29,000. Asset Planning Inc purchased a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth about $29,000. Finally, Beacon Capital Management LLC purchased a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth about $38,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $83.37 on Thursday. The stock’s 50-day moving average is $72.07 and its two-hundred day moving average is $67.64. SPDR Gold MiniShares Trust has a 1-year low of $50.67 and a 1-year high of $83.42.

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.