50,408 Shares in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Acquired by Entrewealth LLC

Entrewealth LLC acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 50,408 shares of the company’s stock, valued at approximately $2,656,000. SPDR Gold MiniShares Trust makes up about 2.5% of Entrewealth LLC’s portfolio, making the stock its 13th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brookstone Capital Management grew its position in SPDR Gold MiniShares Trust by 25.5% during the 4th quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock worth $5,149,000 after acquiring an additional 20,124 shares during the last quarter. Allworth Financial LP grew its position in shares of SPDR Gold MiniShares Trust by 8.9% in the 4th quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock valued at $144,000 after buying an additional 216 shares during the last quarter. FMR LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 50.2% in the 3rd quarter. FMR LLC now owns 7,425 shares of the company’s stock valued at $387,000 after purchasing an additional 2,480 shares during the period. Theory Financial LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at about $491,000. Finally, Lodestar Private Asset Management LLC raised its stake in SPDR Gold MiniShares Trust by 5.6% during the 4th quarter. Lodestar Private Asset Management LLC now owns 77,733 shares of the company’s stock worth $4,041,000 after buying an additional 4,097 shares during the period.

SPDR Gold MiniShares Trust Stock Up 0.5 %

GLDM stock opened at $59.44 on Tuesday. The stock’s 50 day simple moving average is $56.21 and its 200 day simple moving average is $53.65. SPDR Gold MiniShares Trust has a fifty-two week low of $42.61 and a fifty-two week high of $59.97.

About SPDR Gold MiniShares Trust

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.