SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Purchased by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. increased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 8.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,487 shares of the company’s stock after acquiring an additional 4,875 shares during the period. Cabot Wealth Management Inc.’s holdings in SPDR Gold MiniShares Trust were worth $3,257,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Paladin Wealth LLC acquired a new stake in SPDR Gold MiniShares Trust during the third quarter worth about $879,000. Redhawk Wealth Advisors Inc. acquired a new stake in SPDR Gold MiniShares Trust during the third quarter worth about $225,000. Bright Financial Advisors Inc. grew its holdings in SPDR Gold MiniShares Trust by 8.5% during the third quarter. Bright Financial Advisors Inc. now owns 64,687 shares of the company’s stock worth $3,372,000 after acquiring an additional 5,066 shares during the period. Exchange Traded Concepts LLC grew its holdings in SPDR Gold MiniShares Trust by 7.2% during the third quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after acquiring an additional 210 shares during the period. Finally, Peak Financial Advisors LLC grew its holdings in SPDR Gold MiniShares Trust by 1.8% in the third quarter. Peak Financial Advisors LLC now owns 226,582 shares of the company’s stock valued at $11,812,000 after purchasing an additional 3,957 shares during the period.

SPDR Gold MiniShares Trust Stock Up 0.4 %

GLDM traded up $0.19 during trading on Tuesday, hitting $52.76. The company’s stock had a trading volume of 3,765,308 shares, compared to its average volume of 3,673,874. SPDR Gold MiniShares Trust has a twelve month low of $37.98 and a twelve month high of $53.05. The business’s fifty day simple moving average is $50.53 and its 200 day simple moving average is $48.02.

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.