SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Purchased by LWM Advisory Services LLC

LWM Advisory Services LLC increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 542.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 137,106 shares of the company’s stock after purchasing an additional 115,755 shares during the period. SPDR Gold MiniShares Trust makes up 5.0% of LWM Advisory Services LLC’s holdings, making the stock its 6th largest position. LWM Advisory Services LLC’s holdings in SPDR Gold MiniShares Trust were worth $7,128,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its stake in SPDR Gold MiniShares Trust by 25.5% in the 4th quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock worth $5,149,000 after purchasing an additional 20,124 shares during the period. FMR LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 50.2% during the 3rd quarter. FMR LLC now owns 7,425 shares of the company’s stock worth $387,000 after buying an additional 2,480 shares during the last quarter. Lodestar Private Asset Management LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 5.6% during the 4th quarter. Lodestar Private Asset Management LLC now owns 77,733 shares of the company’s stock worth $4,041,000 after buying an additional 4,097 shares during the last quarter. Mutual Advisors LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 27.5% during the 4th quarter. Mutual Advisors LLC now owns 13,510 shares of the company’s stock worth $727,000 after buying an additional 2,914 shares during the last quarter. Finally, Seven Post Investment Office LP boosted its stake in shares of SPDR Gold MiniShares Trust by 1,539.1% during the 4th quarter. Seven Post Investment Office LP now owns 69,418 shares of the company’s stock worth $3,609,000 after buying an additional 65,183 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

SPDR Gold MiniShares Trust stock opened at $58.14 on Friday. The firm has a 50-day moving average of $54.33 and a 200-day moving average of $52.64. SPDR Gold MiniShares Trust has a one year low of $40.06 and a one year high of $58.37.

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.