Theory Financial LLC Takes Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Theory Financial LLC acquired a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,442 shares of the company’s stock, valued at approximately $491,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. LWM Advisory Services LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 542.2% during the fourth quarter. LWM Advisory Services LLC now owns 137,106 shares of the company’s stock valued at $7,128,000 after acquiring an additional 115,755 shares in the last quarter. Sigma Planning Corp increased its holdings in shares of SPDR Gold MiniShares Trust by 20.2% during the fourth quarter. Sigma Planning Corp now owns 10,661 shares of the company’s stock valued at $554,000 after acquiring an additional 1,793 shares in the last quarter. Blackston Financial Advisory Group LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $297,000. Cassaday & Co Wealth Management LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 1.9% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock valued at $298,653,000 after acquiring an additional 106,433 shares in the last quarter. Finally, Parcion Private Wealth LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 7.0% during the fourth quarter. Parcion Private Wealth LLC now owns 351,765 shares of the company’s stock valued at $18,288,000 after acquiring an additional 23,124 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA GLDM opened at $58.14 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $40.06 and a 52 week high of $58.37. The business has a 50 day moving average price of $54.33 and a 200-day moving average price of $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.