Cabot Wealth Management Inc. Increases Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Cabot Wealth Management Inc. boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 66,263 shares of the company’s stock after purchasing an additional 3,776 shares during the quarter. Cabot Wealth Management Inc.’s holdings in SPDR Gold MiniShares Trust were worth $3,445,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. CENTRAL TRUST Co grew its holdings in SPDR Gold MiniShares Trust by 1.3% during the 3rd quarter. CENTRAL TRUST Co now owns 14,935 shares of the company’s stock worth $779,000 after acquiring an additional 197 shares in the last quarter. Capital Management Associates Inc bought a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at approximately $499,000. Team Financial Group LLC increased its holdings in SPDR Gold MiniShares Trust by 5.5% during the third quarter. Team Financial Group LLC now owns 73,327 shares of the company’s stock valued at $3,823,000 after buying an additional 3,806 shares during the period. Parcion Private Wealth LLC raised its stake in SPDR Gold MiniShares Trust by 6.0% in the third quarter. Parcion Private Wealth LLC now owns 328,641 shares of the company’s stock worth $17,132,000 after buying an additional 18,722 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in SPDR Gold MiniShares Trust by 74.1% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,963 shares of the company’s stock worth $4,846,000 after buying an additional 39,563 shares during the period.

SPDR Gold MiniShares Trust Trading Down 0.1 %

Shares of NYSEARCA:GLDM opened at $58.14 on Friday. SPDR Gold MiniShares Trust has a 12-month low of $40.06 and a 12-month high of $58.37. The business’s fifty day simple moving average is $54.33 and its 200-day simple moving average is $52.64.

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.