Focus Financial Network Inc. Buys Shares of 17,502 SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Focus Financial Network Inc. purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 17,502 shares of the company’s stock, valued at approximately $910,000.

Several other institutional investors and hedge funds have also made changes to their positions in GLDM. First Community Trust NA purchased a new position in SPDR Gold MiniShares Trust during the 4th quarter valued at about $43,000. Barrett & Company Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at approximately $53,000. First Horizon Advisors Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at approximately $65,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth approximately $74,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth approximately $76,000.

SPDR Gold MiniShares Trust Trading Up 0.1 %

Shares of NYSEARCA:GLDM opened at $57.48 on Thursday. The business’s fifty day moving average price is $53.62 and its two-hundred day moving average price is $52.15. SPDR Gold MiniShares Trust has a one year low of $39.35 and a one year high of $57.69.

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.