Simplicity Wealth LLC Buys New Position in SPDR Gold MiniShares Trust $GLDM

Simplicity Wealth LLC purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 22,492 shares of the company’s stock, valued at approximately $1,474,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Johnson Investment Counsel Inc. acquired a new stake in SPDR Gold MiniShares Trust during the first quarter worth approximately $240,000. GAMMA Investing LLC purchased a new position in shares of SPDR Gold MiniShares Trust during the 1st quarter worth $29,000. Kestra Private Wealth Services LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 4.8% during the first quarter. Kestra Private Wealth Services LLC now owns 43,827 shares of the company’s stock worth $2,712,000 after purchasing an additional 2,018 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in shares of SPDR Gold MiniShares Trust in the first quarter valued at $306,000. Finally, Wedbush Securities Inc. acquired a new position in SPDR Gold MiniShares Trust in the first quarter valued at $209,000.

SPDR Gold MiniShares Trust Trading Up 1.9%

NYSEARCA GLDM opened at $78.39 on Tuesday. The business’s 50-day moving average price is $70.05 and its 200 day moving average price is $66.75. SPDR Gold MiniShares Trust has a twelve month low of $50.67 and a twelve month high of $78.60.

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.