RWA Wealth Partners LLC Acquires 25,448 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

RWA Wealth Partners LLC raised its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 486.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,681 shares of the company’s stock after acquiring an additional 25,448 shares during the quarter. RWA Wealth Partners LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,595,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in GLDM. First Community Trust NA bought a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter worth approximately $43,000. Glass Jacobson Investment Advisors llc acquired a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth $74,000. Stonebridge Financial Group LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter worth $89,000. Rosenberg Matthew Hamilton purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at $106,000. Finally, WealthTrak Capital Management LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 4th quarter worth $118,000.

SPDR Gold MiniShares Trust Stock Up 1.4 %

Shares of NYSEARCA:GLDM opened at $61.89 on Tuesday. The business’s 50-day moving average is $57.65 and its 200 day moving average is $54.40. SPDR Gold MiniShares Trust has a 1 year low of $44.19 and a 1 year high of $62.10.

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.