Global Wealth Management Investment Advisory Inc. Has $2.23 Million Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Global Wealth Management Investment Advisory Inc. grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 9.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,836 shares of the company’s stock after acquiring an additional 3,714 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in SPDR Gold MiniShares Trust were worth $2,227,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Cassaday & Co Wealth Management LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 3.4% in the third quarter. Cassaday & Co Wealth Management LLC now owns 5,637,993 shares of the company’s stock valued at $293,909,000 after purchasing an additional 182,816 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in SPDR Gold MiniShares Trust by 28.1% in 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 in the last quarter. State Street Corp boosted 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 acquiring an additional 973,410 shares during the last quarter. Stifel Financial Corp grew 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 acquiring an additional 46,759 shares in the last quarter. Finally, Citigroup Inc. raised its holdings 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 last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $56.69 on Monday. SPDR Gold MiniShares Trust has a 12 month low of $39.35 and a 12 month high of $57.19. The company’s fifty day simple moving average is $53.31 and its 200-day simple moving average is $51.97.

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.