4,059 Shares in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Acquired by RDA Financial Network

RDA Financial Network bought a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,059 shares of the company’s stock, valued at approximately $211,000.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in shares of SPDR Gold MiniShares Trust by 18.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 786,355 shares of the company’s stock valued at $36,243,000 after purchasing an additional 120,850 shares during the period. Axxcess Wealth Management LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 64.5% in the second quarter. Axxcess Wealth Management LLC now owns 10,444 shares of the company’s stock worth $481,000 after buying an additional 4,094 shares during the last quarter. WCG Wealth Advisors LLC grew its position in SPDR Gold MiniShares Trust by 9.4% during the second quarter. WCG Wealth Advisors LLC now owns 12,096 shares of the company’s stock valued at $558,000 after buying an additional 1,036 shares during the period. AE Wealth Management LLC increased its holdings in SPDR Gold MiniShares Trust by 12.7% during the second quarter. AE Wealth Management LLC now owns 66,795 shares of the company’s stock valued at $3,079,000 after buying an additional 7,552 shares during the last quarter. Finally, Sei Investments Co. raised its position in SPDR Gold MiniShares Trust by 17.0% in the second quarter. Sei Investments Co. now owns 667,753 shares of the company’s stock worth $30,777,000 after acquiring an additional 97,181 shares during the period.

SPDR Gold MiniShares Trust Trading Down 0.5 %

Shares of SPDR Gold MiniShares Trust stock opened at $53.53 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $39.35 and a 1-year high of $55.29. The company’s fifty day simple moving average is $52.35 and its 200-day simple moving average is $51.10.

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.