Stratos Investment Management LLC Purchases 7,530 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Stratos Investment Management LLC grew its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 194.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 11,404 shares of the company’s stock after buying an additional 7,530 shares during the period. Stratos Investment Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $593,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. First Community Trust NA acquired a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter valued at $43,000. Barrett & Company Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth about $53,000. First Horizon Advisors Inc. bought a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth about $65,000. Glass Jacobson Investment Advisors llc bought a new position in shares of SPDR Gold MiniShares Trust during 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 valued at approximately $76,000.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $56.73 on Thursday. SPDR Gold MiniShares Trust has a twelve month low of $39.35 and a twelve month high of $57.12. The business has a 50 day moving average price of $53.15 and a two-hundred day moving average price of $51.81.

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.