Courier Capital LLC Acquires Shares of 32,463 SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Courier Capital LLC bought a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 32,463 shares of the company’s stock, valued at approximately $1,688,000.

Several other institutional investors have also recently made changes to their positions in the company. Brookstone Capital Management lifted its stake in SPDR Gold MiniShares Trust by 25.5% in the fourth quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock worth $5,149,000 after purchasing an additional 20,124 shares during the last quarter. Baker Tilly Wealth Management LLC boosted its holdings in SPDR Gold MiniShares Trust by 4.3% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 52,495 shares of the company’s stock valued at $2,729,000 after acquiring an additional 2,165 shares during the period. Bangor Savings Bank boosted its holdings in SPDR Gold MiniShares Trust by 6.0% during the 4th quarter. Bangor Savings Bank now owns 369,359 shares of the company’s stock valued at $19,203,000 after acquiring an additional 21,056 shares during the period. Confluence Investment Management LLC grew its position in SPDR Gold MiniShares Trust by 1.0% in the 4th quarter. Confluence Investment Management LLC now owns 627,966 shares of the company’s stock valued at $32,648,000 after acquiring an additional 6,010 shares during the last quarter. Finally, Copley Financial Group Inc. purchased a new stake in SPDR Gold MiniShares Trust in the third quarter worth $7,230,000.

SPDR Gold MiniShares Trust Stock Down 1.8 %

Shares of GLDM traded down $0.97 during trading hours on Monday, reaching $52.73. 2,598,677 shares of the company traded hands, compared to its average volume of 2,585,610. The stock’s fifty day moving average price is $52.38 and its 200 day moving average price is $50.92. SPDR Gold MiniShares Trust has a 12-month low of $39.35 and a 12-month high of $55.29.

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.