MONECO Advisors LLC Raises Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

MONECO Advisors LLC increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 702.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,788 shares of the company’s stock after purchasing an additional 38,333 shares during the quarter. MONECO Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,277,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. CENTRAL TRUST Co boosted its holdings in SPDR Gold MiniShares Trust by 1.3% in the third 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. Allworth Financial LP boosted its stake in shares of SPDR Gold MiniShares Trust by 8.9% during the 4th quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock worth $144,000 after acquiring an additional 216 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its stake 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 during the last quarter. Independent Advisor Alliance boosted its stake in shares of SPDR Gold MiniShares Trust by 2.5% during the 3rd quarter. Independent Advisor Alliance now owns 9,931 shares of the company’s stock worth $518,000 after acquiring an additional 244 shares during the last quarter. Finally, Retirement Income Solutions Inc boosted its stake in shares of SPDR Gold MiniShares Trust by 0.3% during the 4th quarter. Retirement Income Solutions Inc now owns 133,659 shares of the company’s stock worth $6,949,000 after acquiring an additional 349 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Down 0.1 %

Shares of SPDR Gold MiniShares Trust stock opened at $58.14 on Friday. The company’s fifty day simple moving average is $54.33 and its 200-day simple moving average is $52.64. SPDR Gold MiniShares Trust has a 1-year low of $40.06 and a 1-year high of $58.37.

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.