SPDR Gold MiniShares Trust $GLDM Stock Position Boosted by AA Financial Advisors LLC

AA Financial Advisors LLC raised its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 14.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 155,954 shares of the company’s stock after purchasing an additional 19,593 shares during the quarter. SPDR Gold MiniShares Trust accounts for approximately 1.5% of AA Financial Advisors LLC’s holdings, making the stock its 15th largest holding. AA Financial Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $12,816,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Lifelong Wealth Advisors Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 2.6% during the third quarter. Lifelong Wealth Advisors Inc. now owns 9,479 shares of the company’s stock worth $779,000 after buying an additional 238 shares during the period. Independent Wealth Network Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 22.9% during the third quarter. Independent Wealth Network Inc. now owns 10,717 shares of the company’s stock worth $881,000 after buying an additional 1,995 shares in the last quarter. Foguth Wealth Management LLC. bought a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth about $216,000. SteelPeak Wealth LLC raised its position in SPDR Gold MiniShares Trust by 53.1% in the 3rd quarter. SteelPeak Wealth LLC now owns 5,274 shares of the company’s stock valued at $433,000 after buying an additional 1,829 shares during the last quarter. Finally, IFP Advisors Inc raised its position in SPDR Gold MiniShares Trust by 24.6% in the 3rd quarter. IFP Advisors Inc now owns 33,846 shares of the company’s stock valued at $2,781,000 after buying an additional 6,688 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Down 0.6%

NYSEARCA GLDM traded down $0.52 during trading on Monday, hitting $81.94. The stock had a trading volume of 2,344,216 shares, compared to its average volume of 6,727,382. The company’s 50-day moving average price is $85.73 and its two-hundred day moving average price is $86.38. SPDR Gold MiniShares Trust has a 12 month low of $77.50 and a 12 month high of $109.74.

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.