Firethorn Wealth Partners LLC Acquires New Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Firethorn Wealth Partners LLC bought a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,273 shares of the company’s stock, valued at approximately $222,000.

Other institutional investors also recently modified their holdings of the company. First Community Trust NA purchased a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter worth $43,000. Barrett & Company Inc. acquired a new position in SPDR Gold MiniShares Trust in the 3rd quarter worth about $53,000. First Horizon Advisors Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth about $65,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at about $74,000. Finally, Sanctuary Wealth Management L.L.C. bought a new stake in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at approximately $76,000.

SPDR Gold MiniShares Trust Stock Up 0.7 %

Shares of GLDM opened at $54.91 on Friday. The firm’s 50 day moving average price is $52.66 and its 200 day moving average price is $51.37. SPDR Gold MiniShares Trust has a twelve month low of $39.35 and a twelve 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.