Fiduciary Trust Co Invests $213,000 in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Fiduciary Trust Co acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the third quarter, HoldingsChannel reports. The fund acquired 4,078 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors also recently bought and sold shares of GLDM. Hantz Financial Services Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $28,000. Family Firm Inc. acquired a new position in SPDR Gold MiniShares Trust during the second quarter worth $32,000. Rothschild Investment LLC purchased a new position in SPDR Gold MiniShares Trust in the second quarter worth $38,000. Barrett & Company Inc. acquired a new stake in SPDR Gold MiniShares Trust in the third quarter valued at $53,000. Finally, First Horizon Advisors Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth $65,000.

SPDR Gold MiniShares Trust Stock Up 0.9 %

NYSEARCA:GLDM opened at $52.70 on Monday. The firm’s fifty day simple moving average is $52.89 and its 200-day simple moving average is $49.65. SPDR Gold MiniShares Trust has a fifty-two week low of $39.19 and a fifty-two week high of $55.29.

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.