Inspirion Wealth Advisors LLC Grows Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Inspirion Wealth Advisors LLC raised its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,375 shares of the company’s stock after acquiring an additional 2,583 shares during the period. SPDR Gold MiniShares Trust makes up approximately 0.7% of Inspirion Wealth Advisors LLC’s holdings, making the stock its 20th biggest holding. Inspirion Wealth Advisors LLC owned approximately 0.06% of SPDR Gold MiniShares Trust worth $5,128,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GLDM. MONECO Advisors LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at about $242,000. Raymond James Financial Services Advisors Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 1.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 407,243 shares of the company’s stock valued at $18,770,000 after purchasing an additional 7,671 shares in the last quarter. Vermillion & White Wealth Management Group LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at $1,453,000. Myecfo LLC grew its holdings in SPDR Gold MiniShares Trust by 33.6% in the first quarter. Myecfo LLC now owns 12,925 shares of the company’s stock valued at $569,000 after purchasing an additional 3,250 shares during the period. Finally, US Bancorp DE increased its holdings in SPDR Gold MiniShares Trust by 33.2% in the 1st quarter. US Bancorp DE now owns 33,334 shares of the company’s stock worth $1,468,000 after acquiring an additional 8,317 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Down 0.2 %

GLDM traded down $0.11 on Friday, hitting $52.54. 3,306,816 shares of the company’s stock were exchanged, compared to its average volume of 3,701,251. The firm has a 50-day moving average price of $50.03 and a 200-day moving average price of $47.58. SPDR Gold MiniShares Trust has a fifty-two week low of $35.99 and a fifty-two week high of $53.05.

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.