Concurrent Investment Advisors LLC Purchases New Holdings in SPDR Gold MiniShares Trust $GLDM

Concurrent Investment Advisors LLC acquired a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,408 shares of the company’s stock, valued at approximately $354,000.

Other hedge funds have also recently bought and sold shares of the company. ORG Partners LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the second quarter worth $28,000. Asset Planning Inc bought a new position in SPDR Gold MiniShares Trust in the first quarter valued at about $29,000. GAMMA Investing LLC acquired a new stake in SPDR Gold MiniShares Trust in the first quarter worth about $29,000. Beacon Capital Management LLC bought a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth about $38,000. Finally, Financial Management Professionals Inc. raised its holdings in SPDR Gold MiniShares Trust by 41.7% during the 2nd quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock worth $39,000 after purchasing an additional 175 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Down 1.9%

Shares of NYSEARCA GLDM opened at $83.70 on Friday. SPDR Gold MiniShares Trust has a 1 year low of $50.67 and a 1 year high of $85.47. The firm’s 50-day moving average is $72.76 and its 200-day moving average is $68.00.

SPDR Gold MiniShares Trust 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.