WealthTrak Capital Management LLC Makes New $118,000 Investment in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

WealthTrak Capital Management LLC bought a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,273 shares of the company’s stock, valued at approximately $118,000.

A number of other large investors have also made changes to their positions in the company. Principal Financial Group Inc. acquired a new stake in SPDR Gold MiniShares Trust during the 4th quarter valued at $91,357,000. Quadrature Capital Ltd acquired a new position in SPDR Gold MiniShares Trust during the third quarter valued at $84,714,000. Benjamin Edwards Inc. lifted its stake in SPDR Gold MiniShares Trust by 1,805.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock worth $74,686,000 after acquiring an additional 1,357,506 shares in the last quarter. State Street Corp boosted its position in SPDR Gold MiniShares Trust by 43.2% during the 3rd quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after acquiring an additional 973,410 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in SPDR Gold MiniShares Trust during the 4th quarter valued at about $43,698,000.

SPDR Gold MiniShares Trust Price Performance

NYSEARCA GLDM opened at $61.03 on Friday. The company has a 50 day simple moving average of $57.48 and a 200-day simple moving average of $54.25. SPDR Gold MiniShares Trust has a 52-week low of $44.19 and a 52-week high of $61.14.

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.