Bfsg LLC Makes New Investment in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Bfsg LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,877 shares of the company’s stock, valued at approximately $77,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PDS Planning Inc grew its holdings in shares of SPDR Gold MiniShares Trust by 112.2% in the fourth quarter. PDS Planning Inc now owns 9,774 shares of the company’s stock valued at $400,000 after purchasing an additional 5,168 shares in the last quarter. Gradient Capital Advisors LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 4.7% during the fourth quarter. Gradient Capital Advisors LLC now owns 32,333 shares of the company’s stock valued at $1,323,000 after purchasing an additional 1,455 shares during the period. Verdence Capital Advisors LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at about $217,000. AIFG Consultants Ltd. raised its holdings in shares of SPDR Gold MiniShares Trust by 2.4% in the fourth quarter. AIFG Consultants Ltd. now owns 197,657 shares of the company’s stock valued at $8,086,000 after acquiring an additional 4,698 shares in the last quarter. Finally, Flynn Zito Capital Management LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 1.5% in the fourth quarter. Flynn Zito Capital Management LLC now owns 114,976 shares of the company’s stock valued at $4,704,000 after acquiring an additional 1,678 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $46.60 on Friday. The business has a 50-day moving average price of $43.55 and a 200 day moving average price of $41.08. SPDR Gold MiniShares Trust has a 1-year low of $35.99 and a 1-year high of $48.21.

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.