Dynamic Advisor Solutions LLC Invests $321,000 in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Dynamic Advisor Solutions LLC acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,183 shares of the company’s stock, valued at approximately $321,000.

A number of other hedge funds have also recently made changes to their positions in the business. CIBC Private Wealth Group LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 0.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 21,412 shares of the company’s stock worth $1,130,000 after acquiring an additional 185 shares during the period. Allworth Financial LP lifted its position in shares of SPDR Gold MiniShares Trust by 8.9% in the fourth quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock worth $144,000 after buying an additional 216 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of SPDR Gold MiniShares Trust by 2.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock worth $473,000 after buying an additional 257 shares in the last quarter. Paladin Wealth LLC lifted its position in shares of SPDR Gold MiniShares Trust by 1.6% in the first quarter. Paladin Wealth LLC now owns 16,533 shares of the company’s stock worth $1,023,000 after buying an additional 259 shares in the last quarter. Finally, Waverly Advisors LLC lifted its position in shares of SPDR Gold MiniShares Trust by 4.5% in the fourth quarter. Waverly Advisors LLC now owns 6,329 shares of the company’s stock worth $329,000 after buying an additional 273 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Down 0.5%

NYSEARCA:GLDM opened at $66.69 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $45.47 and a 12 month high of $68.26. The business’s 50-day moving average is $65.69 and its 200 day moving average is $59.40.

SPDR Gold MiniShares Trust Company 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.