GAMMA Investing LLC Takes $29,000 Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

GAMMA Investing LLC purchased a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 476 shares of the company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds have also bought and sold shares of GLDM. CIBC Private Wealth Group LLC increased its holdings 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 purchasing an additional 185 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in SPDR Gold MiniShares Trust by 2.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock worth $473,000 after acquiring an additional 257 shares during the last quarter. Paladin Wealth LLC increased its stake in SPDR Gold MiniShares Trust by 1.6% in the 1st quarter. Paladin Wealth LLC now owns 16,533 shares of the company’s stock worth $1,023,000 after acquiring an additional 259 shares during the last quarter. Waverly Advisors LLC increased its stake in SPDR Gold MiniShares Trust by 4.5% in the 4th quarter. Waverly Advisors LLC now owns 6,329 shares of the company’s stock worth $329,000 after acquiring an additional 273 shares during the last quarter. Finally, Sovereign Financial Group Inc. increased its position in SPDR Gold MiniShares Trust by 3.0% in the first quarter. Sovereign Financial Group Inc. now owns 10,386 shares of the company’s stock worth $643,000 after purchasing an additional 306 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.0%

GLDM stock opened at $66.48 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $46.63 and a twelve month high of $68.26. The firm’s fifty day simple moving average is $65.88 and its two-hundred day simple moving average is $60.90.

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.