Kickstand Ventures LLC. Invests $967,000 in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Kickstand Ventures LLC. purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 18,597 shares of the company’s stock, valued at approximately $967,000.

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

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $57.48 on Thursday. The firm’s 50-day moving average price is $53.62 and its two-hundred day moving average price is $52.15. SPDR Gold MiniShares Trust has a 52-week low of $39.35 and a 52-week high of $57.69.

About SPDR Gold MiniShares Trust

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.