SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Bought by Valmark Advisers Inc.

Valmark Advisers Inc. lifted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 9.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,995 shares of the company’s stock after buying an additional 1,582 shares during the quarter. Valmark Advisers Inc.’s holdings in SPDR Gold MiniShares Trust were worth $988,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in GLDM. CENTRAL TRUST Co lifted its position in shares of SPDR Gold MiniShares Trust by 1.3% during the 3rd quarter. CENTRAL TRUST Co now owns 14,935 shares of the company’s stock worth $779,000 after purchasing an additional 197 shares during the last quarter. MONECO Advisors LLC lifted its holdings 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 worth $284,000 after buying an additional 208 shares during the last quarter. Exchange Traded Concepts LLC boosted its position 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 acquiring an additional 210 shares in the last quarter. Allworth Financial LP increased its holdings in shares of SPDR Gold MiniShares Trust by 8.9% in the 4th quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock valued at $144,000 after acquiring an additional 216 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. raised its position in shares of SPDR Gold MiniShares Trust by 5.4% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 4,550 shares of the company’s stock worth $237,000 after acquiring an additional 232 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Down 1.5 %

Shares of GLDM opened at $57.17 on Tuesday. SPDR Gold MiniShares Trust has a 52-week low of $39.57 and a 52-week high of $58.03. The stock has a 50 day moving average price of $53.93 and a 200 day moving average price of $52.38.

About SPDR Gold MiniShares Trust

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.