Farther Finance Advisors LLC Buys 58,701 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Farther Finance Advisors LLC grew its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 123.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 106,360 shares of the company’s stock after purchasing an additional 58,701 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.07% of SPDR Gold MiniShares Trust worth $5,545,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. purchased a new stake in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $28,000. Family Firm Inc. purchased a new stake in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $32,000. Rothschild Investment LLC purchased a new stake in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $38,000. Palisade Asset Management LLC purchased a new stake in SPDR Gold MiniShares Trust in the 1st quarter worth approximately $50,000. Finally, Barrett & Company Inc. purchased a new stake in SPDR Gold MiniShares Trust in the 3rd quarter worth approximately $53,000.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $54.18 on Friday. The firm has a 50 day moving average of $51.91 and a 200 day moving average of $48.74. SPDR Gold MiniShares Trust has a 12-month low of $38.32 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.