Commonwealth Equity Services LLC Grows Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Commonwealth Equity Services LLC lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 9.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 141,729 shares of the company’s stock after buying an additional 12,055 shares during the period. Commonwealth Equity Services LLC’s holdings in SPDR Gold MiniShares Trust were worth $7,368,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Rakuten Securities Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 229.8% in the fourth quarter. Rakuten Securities Inc. now owns 9,304 shares of the company’s stock worth $484,000 after buying an additional 6,483 shares during the period. Avantax Advisory Services Inc. increased its holdings in SPDR Gold MiniShares Trust by 1.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 106,605 shares of the company’s stock valued at $5,542,000 after purchasing an additional 1,239 shares during the period. Austin Wealth Management LLC increased its holdings in SPDR Gold MiniShares Trust by 3.9% during the 4th quarter. Austin Wealth Management LLC now owns 258,313 shares of the company’s stock valued at $13,827,000 after purchasing an additional 9,625 shares during the period. Farther Finance Advisors LLC increased its holdings in SPDR Gold MiniShares Trust by 69.2% during the 4th quarter. Farther Finance Advisors LLC now owns 179,995 shares of the company’s stock valued at $9,358,000 after purchasing an additional 73,635 shares during the period. Finally, PFG Advisors purchased a new position in SPDR Gold MiniShares Trust during the 4th quarter valued at about $759,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA:GLDM opened at $60.31 on Friday. SPDR Gold MiniShares Trust has a 1 year low of $42.77 and a 1 year high of $60.45. The stock’s 50-day moving average is $56.67 and its 200 day moving average is $53.82.

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.