Cedar Point Capital Partners LLC Acquires 7,664 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Cedar Point Capital Partners LLC increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,243 shares of the company’s stock after acquiring an additional 7,664 shares during the quarter. SPDR Gold MiniShares Trust accounts for approximately 3.7% of Cedar Point Capital Partners LLC’s portfolio, making the stock its 11th largest position. Cedar Point Capital Partners LLC owned approximately 0.07% of SPDR Gold MiniShares Trust worth $5,472,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GLDM. CENTRAL TRUST Co increased its holdings in shares of SPDR Gold MiniShares Trust by 1.3% during the third quarter. CENTRAL TRUST Co now owns 14,935 shares of the company’s stock valued at $779,000 after acquiring an additional 197 shares in the last quarter. MONECO Advisors LLC boosted its stake in SPDR Gold MiniShares Trust by 4.0% during the 3rd quarter. MONECO Advisors LLC now owns 5,455 shares of the company’s stock valued at $284,000 after purchasing an additional 208 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 purchasing an additional 210 shares during the last quarter. Patten Group Inc. increased its holdings in SPDR Gold MiniShares Trust by 2.7% during the 3rd quarter. Patten Group Inc. now owns 8,195 shares of the company’s stock worth $427,000 after purchasing an additional 212 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 5.4% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 4,550 shares of the company’s stock worth $237,000 after purchasing an additional 232 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.5 %

Shares of NYSEARCA:GLDM opened at $54.62 on Thursday. The business’s 50 day moving average is $52.51 and its 200 day moving average is $51.29. SPDR Gold MiniShares Trust has a 12-month low of $39.35 and a 12-month 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.