Noesis Capital Mangement Corp Acquires Shares of 4,044 SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Noesis Capital Mangement Corp bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,044 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Fiduciary Trust Co bought a new stake in SPDR Gold MiniShares Trust in the third quarter valued at approximately $213,000. CreativeOne Wealth LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 183.6% in the 3rd quarter. CreativeOne Wealth LLC now owns 53,166 shares of the company’s stock valued at $2,772,000 after buying an additional 34,422 shares during the period. Townsquare Capital LLC increased its position in shares of SPDR Gold MiniShares Trust by 12.0% in the 3rd quarter. Townsquare Capital LLC now owns 679,830 shares of the company’s stock valued at $35,440,000 after buying an additional 73,043 shares in the last quarter. Transamerica Financial Advisors Inc. acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth $4,499,000. Finally, FMR LLC lifted its holdings in SPDR Gold MiniShares Trust by 50.2% during the third quarter. FMR LLC now owns 7,425 shares of the company’s stock worth $387,000 after acquiring an additional 2,480 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

NYSEARCA:GLDM opened at $52.24 on Thursday. The stock has a 50-day moving average price of $52.82 and a two-hundred day moving average price of $49.55. SPDR Gold MiniShares Trust has a 1 year low of $39.19 and a 1 year high of $55.29.

About SPDR Gold MiniShares Trust

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.