New England Private Wealth Advisors LLC Takes Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

New England Private Wealth Advisors LLC acquired a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 22,863 shares of the company’s stock, valued at approximately $1,054,000.

A number of other institutional investors have also made changes to their positions in the stock. MONECO Advisors LLC bought a new stake in SPDR Gold MiniShares Trust during the second quarter worth approximately $242,000. Foundations Investment Advisors LLC bought a new position in SPDR Gold MiniShares Trust in the 4th quarter worth $778,000. Heritage Wealth Advisors acquired a new position in SPDR Gold MiniShares Trust during the 4th quarter worth $359,000. Raymond James Financial Services Advisors Inc. boosted its holdings in SPDR Gold MiniShares Trust by 1.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 407,243 shares of the company’s stock valued at $18,770,000 after acquiring an additional 7,671 shares during the period. Finally, Vermillion & White Wealth Management Group LLC bought a new stake in SPDR Gold MiniShares Trust during the fourth quarter valued at about $1,453,000.

SPDR Gold MiniShares Trust Trading Down 0.2 %

SPDR Gold MiniShares Trust stock opened at $49.80 on Thursday. SPDR Gold MiniShares Trust has a 52 week low of $35.99 and a 52 week high of $50.18. The business’s 50-day simple moving average is $48.54 and its 200-day simple moving average is $46.44.

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.