Essex Financial Services Inc. Has $2.41 Million Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Essex Financial Services Inc. decreased its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,340 shares of the company’s stock after selling 885 shares during the quarter. Essex Financial Services Inc.’s holdings in SPDR Gold MiniShares Trust were worth $2,409,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Exchange Traded Concepts LLC boosted its stake in shares of 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 worth $163,000 after buying an additional 210 shares during the last quarter. Redhawk Wealth Advisors Inc. bought a new stake in SPDR Gold MiniShares Trust during the third quarter worth about $225,000. Paladin Wealth LLC acquired a new position in SPDR Gold MiniShares Trust during the third quarter valued at approximately $879,000. Cabot Wealth Management Inc. grew its stake in SPDR Gold MiniShares Trust by 8.5% in the third quarter. Cabot Wealth Management Inc. now owns 62,487 shares of the company’s stock valued at $3,257,000 after purchasing an additional 4,875 shares in the last quarter. Finally, Capstone Wealth Management Group LLC increased its position in shares of SPDR Gold MiniShares Trust by 0.9% during the 3rd quarter. Capstone Wealth Management Group LLC now owns 59,177 shares of the company’s stock worth $3,085,000 after purchasing an additional 545 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.6 %

Shares of SPDR Gold MiniShares Trust stock opened at $57.61 on Tuesday. SPDR Gold MiniShares Trust has a 12-month low of $39.35 and a 12-month high of $57.69. The business’s 50 day moving average is $53.42 and its 200-day moving average is $52.05.

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.