Foundations Investment Advisors LLC Boosts Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Foundations Investment Advisors LLC increased its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 15.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 44,319 shares of the company’s stock after buying an additional 5,987 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,304,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 3.4% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 5,637,993 shares of the company’s stock worth $293,909,000 after acquiring an additional 182,816 shares during the period. Asset Management One Co. Ltd. raised its stake in SPDR Gold MiniShares Trust by 28.1% during the third quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock worth $209,429,000 after purchasing an additional 880,693 shares during the period. State Street Corp boosted its holdings in SPDR Gold MiniShares Trust by 43.2% in the 3rd quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after purchasing an additional 973,410 shares during the last quarter. Stifel Financial Corp boosted its holdings in SPDR Gold MiniShares Trust by 2.2% in the 3rd quarter. Stifel Financial Corp now owns 2,141,060 shares of the company’s stock valued at $111,613,000 after purchasing an additional 46,759 shares during the last quarter. Finally, Citigroup Inc. grew its stake in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after buying an additional 1,889,934 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $54.77 on Wednesday. SPDR Gold MiniShares Trust has a 1 year low of $39.35 and a 1 year high of $55.29. The company has a 50 day simple moving average of $52.77 and a 200-day simple moving average of $51.52.

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.