Holistic Planning LLC Purchases New Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Holistic Planning LLC purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the third quarter, Holdings Channel reports. The institutional investor purchased 5,217 shares of the company’s stock, valued at approximately $272,000.

A number of other hedge funds have also modified their holdings of the company. SpiderRock Advisors LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at approximately $741,000. Beckerman Institutional LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at approximately $3,210,000. Hollencrest Capital Management raised its position in shares of SPDR Gold MiniShares Trust by 1,962.3% in the 3rd quarter. Hollencrest Capital Management now owns 21,860 shares of the company’s stock valued at $1,140,000 after acquiring an additional 20,800 shares during the period. Confluence Investment Management LLC raised its position in shares of SPDR Gold MiniShares Trust by 2.8% in the 3rd quarter. Confluence Investment Management LLC now owns 621,956 shares of the company’s stock valued at $32,423,000 after acquiring an additional 17,231 shares during the period. Finally, Seven Post Investment Office LP acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth approximately $221,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM stock opened at $53.21 on Friday. The company’s 50 day moving average price is $52.37 and its two-hundred day moving average price is $49.01. SPDR Gold MiniShares Trust has a 52 week low of $38.32 and a 52 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.