Patriot Financial Group Insurance Agency LLC Takes $280,000 Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Patriot Financial Group Insurance Agency LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,393 shares of the company’s stock, valued at approximately $280,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. First Community Trust NA acquired a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $43,000. Barrett & Company Inc. acquired a new position in SPDR Gold MiniShares Trust in the 3rd quarter valued at $53,000. First Horizon Advisors Inc. purchased a new position in SPDR Gold MiniShares Trust in the 3rd quarter valued at $65,000. Glass Jacobson Investment Advisors llc acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth $74,000. Finally, Sanctuary Wealth Management L.L.C. purchased a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth $76,000.

SPDR Gold MiniShares Trust Trading Down 0.3 %

Shares of NYSEARCA GLDM opened at $54.58 on Thursday. The firm has a 50-day simple moving average of $52.81 and a 200-day simple moving average of $51.55. SPDR Gold MiniShares Trust has a 52 week low of $39.35 and a 52 week 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.