Cetera Investment Advisers Takes Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Cetera Investment Advisers purchased a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 326,405 shares of the company’s stock, valued at approximately $20,201,000.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in SPDR Gold MiniShares Trust by 311.7% during the 4th quarter. JPMorgan Chase & Co. now owns 728,424 shares of the company’s stock valued at $37,871,000 after purchasing an additional 551,488 shares in the last quarter. RWA Wealth Partners LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 486.3% during the fourth quarter. RWA Wealth Partners LLC now owns 30,681 shares of the company’s stock valued at $1,595,000 after buying an additional 25,448 shares during the last quarter. Sanctuary Wealth Management L.L.C. increased its position in shares of SPDR Gold MiniShares Trust by 97.1% during the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 2,872 shares of the company’s stock valued at $149,000 after acquiring an additional 1,415 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in SPDR Gold MiniShares Trust by 0.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 21,412 shares of the company’s stock worth $1,130,000 after acquiring an additional 185 shares during the last quarter. Finally, Physician Wealth Advisors Inc. bought a new position in SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $2,080,000.

SPDR Gold MiniShares Trust Trading Down 0.9%

Shares of GLDM opened at $66.09 on Monday. The business’s fifty day simple moving average is $66.19 and its two-hundred day simple moving average is $62.03. SPDR Gold MiniShares Trust has a 12 month low of $46.97 and a 12 month high of $68.26.

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.