Avantax Advisory Services Inc. Grows Stock Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Avantax Advisory Services Inc. increased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 106,605 shares of the company’s stock after buying an additional 1,239 shares during the period. Avantax Advisory Services Inc. owned about 0.07% of SPDR Gold MiniShares Trust worth $5,542,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Citigroup Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the third quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after purchasing an additional 1,889,934 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at about $91,357,000. Quadrature Capital Ltd purchased a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $84,714,000. Benjamin Edwards Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 1,805.0% in the third quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock valued at $74,686,000 after purchasing an additional 1,357,506 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of SPDR Gold MiniShares Trust by 43.2% in the third 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 in the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.1 %

Shares of NYSEARCA GLDM opened at $59.12 on Friday. SPDR Gold MiniShares Trust has a 12-month low of $42.60 and a 12-month high of $59.35. The firm’s 50-day moving average is $55.93 and its two-hundred day moving average is $53.47.

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.