Advisor Resource Council Takes Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Advisor Resource Council acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the third quarter, HoldingsChannel.com reports. The fund acquired 13,240 shares of the company’s stock, valued at approximately $690,000.

Several other large investors also recently added to or reduced their stakes in the business. Hantz Financial Services Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at about $28,000. Family Firm Inc. bought a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $32,000. Rothschild Investment LLC purchased a new position in SPDR Gold MiniShares Trust during the second quarter valued at approximately $38,000. Barrett & Company Inc. bought a new position in shares of SPDR Gold MiniShares Trust in the third quarter worth approximately $53,000. Finally, RFP Financial Group LLC purchased a new stake in shares of SPDR Gold MiniShares Trust in the second quarter worth $73,000.

SPDR Gold MiniShares Trust Stock Performance

GLDM opened at $52.71 on Thursday. The firm’s fifty day moving average is $52.23 and its 200 day moving average is $48.93. SPDR Gold MiniShares Trust has a fifty-two week low of $38.32 and a fifty-two week high of $55.29.

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.