SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Acquired by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,080 shares of the company’s stock after purchasing an additional 526 shares during the period. Sovereign Financial Group Inc.’s holdings in SPDR Gold MiniShares Trust were worth $524,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Brookstone Capital Management grew its holdings 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 valued at $5,149,000 after purchasing an additional 20,124 shares in the last quarter. FMR LLC boosted its stake in SPDR Gold MiniShares Trust by 50.2% during the 3rd quarter. FMR LLC now owns 7,425 shares of the company’s stock valued at $387,000 after acquiring an additional 2,480 shares during the last quarter. Exchange Traded Concepts LLC boosted its stake in SPDR Gold MiniShares Trust by 7.2% during the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock valued at $163,000 after acquiring an additional 210 shares during the last quarter. Apella Capital LLC boosted its stake in SPDR Gold MiniShares Trust by 21.1% during the 3rd quarter. Apella Capital LLC now owns 17,313 shares of the company’s stock valued at $912,000 after acquiring an additional 3,021 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in SPDR Gold MiniShares Trust by 17.0% during the 2nd quarter. Sei Investments Co. now owns 667,753 shares of the company’s stock valued at $30,777,000 after acquiring an additional 97,181 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.8 %

NYSEARCA GLDM opened at $53.43 on Thursday. SPDR Gold MiniShares Trust has a 12 month low of $39.35 and a 12 month high of $55.29. The company’s fifty day moving average price is $52.34 and its two-hundred day moving average price is $51.03.

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.