Perennial Investment Advisors LLC Acquires New Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Perennial Investment Advisors LLC bought a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,923 shares of the company’s stock, valued at approximately $464,000.

A number of other large investors have also made changes to their positions in the company. First Community Trust NA purchased a new position in shares of SPDR Gold MiniShares Trust in the fourth quarter worth approximately $43,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth $74,000. Stonebridge Financial Group LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at $89,000. Rosenberg Matthew Hamilton bought a new position in SPDR Gold MiniShares Trust in the 4th quarter worth $106,000. Finally, WealthTrak Capital Management LLC purchased a new position in SPDR Gold MiniShares Trust during the fourth quarter valued at $118,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $60.15 on Friday. The business has a 50-day simple moving average of $58.18 and a two-hundred day simple moving average of $54.66. SPDR Gold MiniShares Trust has a 52 week low of $45.13 and a 52 week high of $62.11.

SPDR Gold MiniShares Trust 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.