Creative Financial Designs Inc. ADV Raises Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Creative Financial Designs Inc. ADV boosted its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 77.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 8,488 shares of the company’s stock after purchasing an additional 3,711 shares during the period. Creative Financial Designs Inc. ADV’s holdings in SPDR Gold MiniShares Trust were worth $441,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of GLDM. First Community Trust NA purchased a new stake in SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $43,000. First Horizon Advisors Inc. purchased a new stake in SPDR Gold MiniShares Trust in the third quarter valued at approximately $65,000. Glass Jacobson Investment Advisors llc purchased a new stake in SPDR Gold MiniShares Trust in the third quarter valued at approximately $74,000. Stonebridge Financial Group LLC purchased a new stake in SPDR Gold MiniShares Trust in the 4th quarter worth approximately $89,000. Finally, Rosenberg Matthew Hamilton purchased a new stake in SPDR Gold MiniShares Trust in the 4th quarter worth approximately $106,000.

SPDR Gold MiniShares Trust Stock Performance

SPDR Gold MiniShares Trust stock opened at $60.17 on Wednesday. SPDR Gold MiniShares Trust has a 12 month low of $42.61 and a 12 month high of $60.19. The stock’s 50 day simple moving average is $56.37 and its two-hundred day simple moving average is $53.72.

SPDR Gold MiniShares Trust Company 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.