NewEdge Advisors LLC Acquires 46,183 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

NewEdge Advisors LLC raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 4,536.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,201 shares of the company’s stock after acquiring an additional 46,183 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in GLDM. Hantz Financial Services Inc. purchased a new stake in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $28,000. Family Firm Inc. bought a new stake in SPDR Gold MiniShares Trust during the second quarter valued at $32,000. Northwest Capital Management Inc purchased a new position in SPDR Gold MiniShares Trust during the first quarter worth about $37,000. Rothschild Investment LLC bought a new position in SPDR Gold MiniShares Trust in the 2nd quarter worth about $38,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at about $50,000.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $52.54 on Friday. The company’s 50 day moving average is $49.92 and its 200 day moving average is $47.51. SPDR Gold MiniShares Trust has a 1-year low of $35.99 and a 1-year 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.