Salomon & Ludwin LLC grew its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 86.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 2,617 shares of the company’s stock after acquiring an additional 1,211 shares during the quarter. Salomon & Ludwin LLC’s holdings in SPDR Gold MiniShares Trust were worth $174,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of GLDM. GAMMA Investing LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at $29,000. Janney Montgomery Scott LLC lifted its position in shares of SPDR Gold MiniShares Trust by 2.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 80,466 shares of the company’s stock valued at $4,980,000 after acquiring an additional 1,916 shares during the period. Sowell Financial Services LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at $306,000. Johnson Investment Counsel Inc. bought a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at $240,000. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of SPDR Gold MiniShares Trust by 10.1% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 10,013 shares of the company’s stock valued at $620,000 after acquiring an additional 919 shares during the period.
SPDR Gold MiniShares Trust Trading Down 1.9%
NYSEARCA:GLDM opened at $83.70 on Friday. The stock has a fifty day moving average price of $72.76 and a 200-day moving average price of $68.00. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $85.47.
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.
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