Beaumont Financial Advisors LLC Increases Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Beaumont Financial Advisors LLC increased its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 16.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 126,812 shares of the company’s stock after buying an additional 17,533 shares during the period. Beaumont Financial Advisors LLC owned about 0.08% of SPDR Gold MiniShares Trust worth $6,593,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GLDM. Cassaday & Co Wealth Management LLC raised its position in shares of SPDR Gold MiniShares Trust by 3.4% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 5,637,993 shares of the company’s stock worth $293,909,000 after acquiring an additional 182,816 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in SPDR Gold MiniShares Trust by 28.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after acquiring an additional 880,693 shares during the last quarter. State Street Corp raised its position in SPDR Gold MiniShares Trust by 43.2% during the 3rd quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after buying an additional 973,410 shares during the last quarter. Stifel Financial Corp raised its stake in shares of SPDR Gold MiniShares Trust by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 2,141,060 shares of the company’s stock worth $111,613,000 after buying an additional 46,759 shares in the last quarter. Finally, Citigroup Inc. lifted its stake in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the third quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after purchasing an additional 1,889,934 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

Shares of SPDR Gold MiniShares Trust stock opened at $54.34 on Wednesday. The business has a 50 day moving average price of $52.43 and a 200 day moving average price of $51.27. SPDR Gold MiniShares Trust has a 1 year low of $39.35 and a 1 year high of $55.29.

SPDR Gold MiniShares Trust 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.