Kaufman Rossin Wealth LLC Takes $684,000 Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Kaufman Rossin Wealth LLC acquired a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,150 shares of the company’s stock, valued at approximately $684,000. SPDR Gold MiniShares Trust accounts for about 0.7% of Kaufman Rossin Wealth LLC’s holdings, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of GLDM. First Community Trust NA acquired a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter worth approximately $43,000. Barrett & Company Inc. bought a new position in SPDR Gold MiniShares Trust during the third quarter worth $53,000. First Horizon Advisors Inc. acquired a new position in SPDR Gold MiniShares Trust during the 3rd quarter valued at $65,000. Glass Jacobson Investment Advisors llc bought a new stake in SPDR Gold MiniShares Trust in the 3rd quarter valued at $74,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new stake in SPDR Gold MiniShares Trust in the 3rd quarter worth $76,000.

SPDR Gold MiniShares Trust Stock Down 0.3 %

Shares of GLDM opened at $54.58 on Thursday. The company has a 50-day simple moving average of $52.81 and a 200-day simple moving average of $51.55. SPDR Gold MiniShares Trust has a 52 week low of $39.35 and a 52 week high of $55.29.

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.