Allworth Financial LP Increases Position in SPDR Gold MiniShares Trust $GLDM

Allworth Financial LP grew its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 868.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,656 shares of the company’s stock after purchasing an additional 23,008 shares during the quarter. Allworth Financial LP’s holdings in SPDR Gold MiniShares Trust were worth $1,681,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. CWM LLC raised its stake in SPDR Gold MiniShares Trust by 11.1% in the first quarter. CWM LLC now owns 2,120 shares of the company’s stock valued at $131,000 after buying an additional 212 shares in the last quarter. Sigma Planning Corp raised its position in shares of SPDR Gold MiniShares Trust by 9.5% during the 1st quarter. Sigma Planning Corp now owns 11,669 shares of the company’s stock worth $722,000 after acquiring an additional 1,008 shares in the last quarter. Larson Financial Group LLC raised its position in shares of SPDR Gold MiniShares Trust by 25.7% during the 1st quarter. Larson Financial Group LLC now owns 3,237 shares of the company’s stock worth $200,000 after acquiring an additional 662 shares in the last quarter. Victory Capital Management Inc. lifted its stake in SPDR Gold MiniShares Trust by 25.2% during the first quarter. Victory Capital Management Inc. now owns 5,635 shares of the company’s stock worth $349,000 after purchasing an additional 1,133 shares during the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new position in SPDR Gold MiniShares Trust in the first quarter valued at approximately $405,000.

SPDR Gold MiniShares Trust Trading Down 0.8%

Shares of SPDR Gold MiniShares Trust stock opened at $82.42 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $50.67 and a 52 week high of $86.75. The firm’s 50 day moving average is $77.77 and its two-hundred day moving average is $70.25.

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.