Sargent Investment Group LLC Buys 4,000 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Sargent Investment Group LLC lifted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 21.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,015 shares of the company’s stock after purchasing an additional 4,000 shares during the quarter. Sargent Investment Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,214,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. First Community Trust NA acquired a new position in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at $43,000. Barrett & Company Inc. bought a new position in shares of SPDR Gold MiniShares Trust in the third quarter worth about $53,000. First Horizon Advisors Inc. bought a new position in shares of SPDR Gold MiniShares Trust in the third quarter worth about $65,000. Glass Jacobson Investment Advisors llc acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter valued at approximately $74,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter valued at approximately $76,000.

SPDR Gold MiniShares Trust Stock Up 1.0 %

Shares of GLDM stock opened at $56.36 on Wednesday. SPDR Gold MiniShares Trust has a 52 week low of $39.35 and a 52 week high of $56.37. The firm has a 50 day moving average of $53.06 and a 200-day moving average of $51.78.

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.