4,937 Shares in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Purchased by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the fourth quarter, Holdings Channel reports. The fund bought 4,937 shares of the company’s stock, valued at approximately $257,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Austin Private Wealth LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at $3,782,000. Upper Left Wealth Management LLC raised its holdings in SPDR Gold MiniShares Trust by 1.4% in the 4th quarter. Upper Left Wealth Management LLC now owns 85,987 shares of the company’s stock valued at $4,470,000 after buying an additional 1,175 shares during the period. Evernest Financial Advisors LLC lifted its position in SPDR Gold MiniShares Trust by 15.4% in the fourth quarter. Evernest Financial Advisors LLC now owns 343,392 shares of the company’s stock valued at $17,853,000 after buying an additional 45,703 shares during the last quarter. Crews Bank & Trust acquired a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at about $430,000. Finally, Kaufman Rossin Wealth LLC purchased a new position in SPDR Gold MiniShares Trust during the fourth quarter worth about $684,000.

SPDR Gold MiniShares Trust Trading Up 0.2 %

Shares of GLDM opened at $55.48 on Friday. The firm has a 50-day simple moving average of $52.90 and a two-hundred day simple moving average of $51.64. SPDR Gold MiniShares Trust has a 1-year low of $39.35 and a 1-year high of $55.81.

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.