Farther Finance Advisors LLC Grows Stock Position in SPDR Gold MiniShares Trust $GLDM

Farther Finance Advisors LLC lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) by 5.5% during the third quarter, Holdings Channel reports. The institutional investor owned 541,467 shares of the company’s stock after acquiring an additional 28,037 shares during the quarter. SPDR Gold MiniShares Trust makes up approximately 0.6% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 26th largest position. Farther Finance Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $41,395,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. ORG Partners LLC acquired a new position in SPDR Gold MiniShares Trust in the second quarter valued at approximately $28,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $31,000. Atlantic Union Bankshares Corp purchased a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at approximately $31,000. Family Legacy Financial Solutions LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at $36,000. Finally, Beacon Capital Management LLC purchased a new stake in SPDR Gold MiniShares Trust during the second quarter worth $38,000.

Key Stores Impacting SPDR Gold MiniShares Trust

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $87.87 on Tuesday. SPDR Gold MiniShares Trust has a one year low of $51.43 and a one year high of $87.94. The firm’s fifty day moving average is $82.23 and its 200 day moving average is $73.71.

SPDR Gold MiniShares Trust Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report).

Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.