SMI Advisory Services LLC Buys New Position in SPDR Gold MiniShares Trust $GLDM

SMI Advisory Services LLC bought a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 6,261 shares of the company’s stock, valued at approximately $516,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wealthcare Advisory Partners LLC lifted its position in shares of SPDR Gold MiniShares Trust by 0.7% during the second quarter. Wealthcare Advisory Partners LLC now owns 164,826 shares of the company’s stock worth $13,091,000 after purchasing an additional 1,169 shares in the last quarter. Kraft Davis & Associates LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 1.1% in the second quarter. Kraft Davis & Associates LLC now owns 114,636 shares of the company’s stock valued at $9,220,000 after purchasing an additional 1,250 shares in the last quarter. Ares Financial Consulting LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 32.8% in the second quarter. Ares Financial Consulting LLC now owns 10,081 shares of the company’s stock valued at $801,000 after purchasing an additional 2,491 shares in the last quarter. Matrix Trust Co increased its stake in SPDR Gold MiniShares Trust by 7.7% during the 2nd quarter. Matrix Trust Co now owns 8,658 shares of the company’s stock worth $688,000 after buying an additional 621 shares during the period. Finally, Wealthcare Capital Partners LLC increased its stake in SPDR Gold MiniShares Trust by 2.6% during the 2nd quarter. Wealthcare Capital Partners LLC now owns 16,706 shares of the company’s stock worth $1,327,000 after buying an additional 418 shares during the period.

SPDR Gold MiniShares Trust Trading Up 1.0%

SPDR Gold MiniShares Trust stock opened at $86.81 on Tuesday. SPDR Gold MiniShares Trust has a 52-week low of $65.64 and a 52-week high of $109.74. The company’s 50 day moving average is $82.12 and its two-hundred day moving average is $90.70.

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.