SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Bought by Confluence Investment Management LLC

Confluence Investment Management LLC grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 621,956 shares of the company’s stock after acquiring an additional 17,231 shares during the period. Confluence Investment Management LLC owned about 0.40% of SPDR Gold MiniShares Trust worth $32,423,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Hantz Financial Services Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the second quarter worth about $28,000. Family Firm Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at about $32,000. Rothschild Investment LLC acquired a new position in SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $38,000. Barrett & Company Inc. purchased a new position in SPDR Gold MiniShares Trust in the 3rd quarter worth approximately $53,000. Finally, RFP Financial Group LLC acquired a new stake in SPDR Gold MiniShares Trust in the second quarter valued at approximately $73,000.

SPDR Gold MiniShares Trust Trading Up 1.6 %

GLDM opened at $53.57 on Friday. The firm’s 50 day moving average is $52.30 and its 200-day moving average is $48.96. SPDR Gold MiniShares Trust has a 52-week low of $38.32 and a 52-week high of $55.29.

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.