Etesian Wealth Advisors Inc. Makes New Investment in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Etesian Wealth Advisors Inc. bought a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the third quarter, Holdings Channel.com reports. The fund bought 11,695 shares of the company’s stock, valued at approximately $610,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Exchange Traded Concepts LLC lifted its holdings in SPDR Gold MiniShares Trust by 7.2% in the third quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after buying an additional 210 shares during the period. Patten Group Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 2.7% during the third quarter. Patten Group Inc. now owns 8,195 shares of the company’s stock valued at $427,000 after purchasing an additional 212 shares in the last quarter. Laidlaw Wealth Management LLC grew its stake in SPDR Gold MiniShares Trust by 3.5% in the second quarter. Laidlaw Wealth Management LLC now owns 10,012 shares of the company’s stock worth $461,000 after purchasing an additional 338 shares during the period. International Private Wealth Advisors LLC raised its holdings in SPDR Gold MiniShares Trust by 4.4% in the second quarter. International Private Wealth Advisors LLC now owns 8,748 shares of the company’s stock worth $403,000 after purchasing an additional 372 shares in the last quarter. Finally, Kraematon Investment Advisors Inc. lifted its position in SPDR Gold MiniShares Trust by 0.7% during the second quarter. Kraematon Investment Advisors Inc. now owns 61,036 shares of the company’s stock valued at $2,813,000 after buying an additional 440 shares during the period.

SPDR Gold MiniShares Trust Stock Up 1.0 %

Shares of NYSEARCA:GLDM traded up $0.56 during midday trading on Friday, reaching $53.90. The company’s stock had a trading volume of 1,495,997 shares, compared to its average volume of 3,648,616. SPDR Gold MiniShares Trust has a 12-month low of $38.32 and a 12-month high of $53.92. The firm has a 50 day moving average of $50.86 and a 200-day moving average of $48.15.

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.