First Horizon Advisors Inc. Takes Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

First Horizon Advisors Inc. purchased a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,256 shares of the company’s stock, valued at approximately $65,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC raised its position in shares of SPDR Gold MiniShares Trust by 3.4% during the third quarter. Cassaday & Co Wealth Management LLC now owns 5,637,993 shares of the company’s stock worth $293,909,000 after purchasing an additional 182,816 shares during the period. KPP Advisory Services LLC bought a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at $610,000. Main Street Financial Solutions LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 131.8% during the third quarter. Main Street Financial Solutions LLC now owns 102,602 shares of the company’s stock valued at $5,349,000 after buying an additional 58,335 shares during the last quarter. Rakuten Securities Inc. increased its position in shares of SPDR Gold MiniShares Trust by 97.1% during the third quarter. Rakuten Securities Inc. now owns 2,821 shares of the company’s stock worth $147,000 after acquiring an additional 1,390 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of SPDR Gold MiniShares Trust by 18.6% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 452,446 shares of the company’s stock worth $23,586,000 after acquiring an additional 70,836 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.3 %

GLDM stock opened at $53.62 on Monday. The business has a 50-day simple moving average of $52.78 and a two-hundred day simple moving average of $49.48. SPDR Gold MiniShares Trust has a 52-week low of $39.19 and a 52-week high of $55.29.

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.