86,303 Shares in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Bought by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 3rd quarter, Holdings Channel reports. The firm acquired 86,303 shares of the company’s stock, valued at approximately $4,499,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. bought a new stake in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $28,000. Family Firm Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth about $32,000. Rothschild Investment LLC bought a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth about $38,000. Barrett & Company Inc. purchased a new position in SPDR Gold MiniShares Trust during the 3rd quarter valued at about $53,000. Finally, First Horizon Advisors Inc. bought a new stake in SPDR Gold MiniShares Trust during the third quarter worth about $65,000.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock traded down $0.11 during trading hours on Tuesday, hitting $51.93. 714,452 shares of the company’s stock traded hands, compared to its average volume of 3,606,490. The stock’s fifty day simple moving average is $52.78 and its two-hundred day simple moving average is $49.48. SPDR Gold MiniShares Trust has a 12-month low of $39.19 and a 12-month high of $55.29.

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.