SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Acquired by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. increased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 106,605 shares of the company’s stock after acquiring an additional 1,239 shares during the period. Avantax Advisory Services Inc.’s holdings in SPDR Gold MiniShares Trust were worth $5,542,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Austin Wealth Management LLC raised its position in shares of SPDR Gold MiniShares Trust by 3.9% in the fourth quarter. Austin Wealth Management LLC now owns 258,313 shares of the company’s stock valued at $13,827,000 after buying an additional 9,625 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of SPDR Gold MiniShares Trust by 69.2% in the fourth quarter. Farther Finance Advisors LLC now owns 179,995 shares of the company’s stock valued at $9,358,000 after buying an additional 73,635 shares during the last quarter. PFG Advisors acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter worth approximately $759,000. Global View Capital Management LLC acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter worth approximately $301,000. Finally, Independent Advisor Alliance increased its position in SPDR Gold MiniShares Trust by 612.9% during the fourth quarter. Independent Advisor Alliance now owns 70,796 shares of the company’s stock worth $3,681,000 after purchasing an additional 60,865 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.1 %

Shares of GLDM stock opened at $59.12 on Friday. SPDR Gold MiniShares Trust has a one year low of $42.60 and a one year high of $59.35. The company has a 50 day moving average price of $55.93 and a 200 day moving average price of $53.47.

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.