Merkkuri Wealth Advisors LLC boosted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 12.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,032 shares of the company’s stock after purchasing an additional 1,806 shares during the quarter. Merkkuri Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $836,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hantz Financial Services Inc. acquired a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at $28,000. Family Firm Inc. acquired a new position in SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $32,000. Rothschild Investment LLC purchased a new position in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $38,000. Palisade Asset Management LLC acquired a new stake in SPDR Gold MiniShares Trust in the first quarter valued at approximately $50,000. Finally, RFP Financial Group LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $73,000.
SPDR Gold MiniShares Trust Price Performance
NYSEARCA GLDM opened at $54.21 on Friday. The company’s fifty day simple moving average is $51.41 and its 200-day simple moving average is $48.45. SPDR Gold MiniShares Trust has a 52 week low of $38.32 and a 52 week high of $54.47.
SPDR Gold MiniShares Trust Company 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.
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