Bright Financial Advisors Inc. grew its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 1.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,621 shares of the company’s stock after purchasing an additional 604 shares during the period. SPDR Gold MiniShares Trust makes up approximately 1.9% of Bright Financial Advisors Inc.’s portfolio, making the stock its 16th biggest holding. Bright Financial Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $2,748,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Hantz Financial Services Inc. acquired a new stake in SPDR Gold MiniShares Trust in the second quarter valued at about $28,000. Family Firm Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $32,000. Northwest Capital Management Inc acquired a new stake in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at approximately $37,000. Rothschild Investment LLC acquired a new position in SPDR Gold MiniShares Trust during the second quarter worth $38,000. Finally, Palisade Asset Management LLC purchased a new position in SPDR Gold MiniShares Trust in the first quarter worth $50,000.
SPDR Gold MiniShares Trust Stock Performance
Shares of GLDM opened at $50.51 on Thursday. The firm’s 50-day moving average is $48.93 and its two-hundred day moving average is $46.80. SPDR Gold MiniShares Trust has a twelve month low of $35.99 and a twelve month high of $51.53.
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.
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