EP Wealth Advisors LLC Buys Shares of 10,737 SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

EP Wealth Advisors LLC bought a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,737 shares of the company’s stock, valued at approximately $473,000.

Several other hedge funds have also recently added to or reduced their stakes in GLDM. Alaska Permanent Fund Corp raised its stake in SPDR Gold MiniShares Trust by 1,917.7% during the 1st quarter. Alaska Permanent Fund Corp now owns 2,623,000 shares of the company’s stock valued at $115,543,000 after acquiring an additional 2,493,000 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new stake in SPDR Gold MiniShares Trust during the 4th quarter valued at $78,793,000. Evoke Wealth LLC raised its stake in SPDR Gold MiniShares Trust by 17.0% during the 4th quarter. Evoke Wealth LLC now owns 6,355,875 shares of the company’s stock valued at $260,019,000 after acquiring an additional 922,508 shares in the last quarter. Van ECK Associates Corp raised its stake in SPDR Gold MiniShares Trust by 10,912.7% during the 1st quarter. Van ECK Associates Corp now owns 659,993 shares of the company’s stock valued at $29,073,000 after acquiring an additional 654,000 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in SPDR Gold MiniShares Trust by 84.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,385,815 shares of the company’s stock valued at $61,046,000 after acquiring an additional 636,287 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Up 1.0 %

SPDR Gold MiniShares Trust stock traded up $0.49 during mid-day trading on Friday, hitting $47.30. 2,057,168 shares of the company’s stock traded hands, compared to its average volume of 3,511,597. SPDR Gold MiniShares Trust has a one year low of $35.99 and a one year high of $49.22. The firm has a 50 day moving average price of $46.77 and a 200 day moving average price of $44.31.

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.