Cambridge Investment Research Advisors Inc. Raises Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Cambridge Investment Research Advisors Inc. boosted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 56.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 370,437 shares of the company’s stock after acquiring an additional 133,485 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.24% of SPDR Gold MiniShares Trust worth $17,073,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLDM. Atria Wealth Solutions Inc. raised its position in SPDR Gold MiniShares Trust by 835.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 61,295 shares of the company’s stock valued at $2,508,000 after purchasing an additional 54,740 shares during the period. Headlands Technologies LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at $39,000. Legacy Capital Wealth Partners LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 7.4% in the 4th quarter. Legacy Capital Wealth Partners LLC now owns 29,895 shares of the company’s stock valued at $1,223,000 after buying an additional 2,066 shares during the period. Kestra Private Wealth Services LLC acquired a new position in SPDR Gold MiniShares Trust during the 4th quarter worth about $585,000. Finally, Bridgewater Advisors Inc. boosted its holdings in SPDR Gold MiniShares Trust by 78.8% during the 4th quarter. Bridgewater Advisors Inc. now owns 38,553 shares of the company’s stock valued at $1,577,000 after acquiring an additional 16,988 shares during the period.

SPDR Gold MiniShares Trust Stock Up 0.3 %

NYSEARCA GLDM opened at $50.04 on Wednesday. SPDR Gold MiniShares Trust has a 1-year low of $35.99 and a 1-year high of $50.18. The stock has a 50-day moving average of $47.77 and a two-hundred day moving average of $45.73.

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.