Brown Miller Wealth Management LLC Grows Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Brown Miller Wealth Management LLC boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,502 shares of the company’s stock after buying an additional 849 shares during the quarter. Brown Miller Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,043,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of GLDM. VitalStone Financial LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 611.1% during the 3rd quarter. VitalStone Financial LLC now owns 640 shares of the company’s stock worth $25,000 after acquiring an additional 550 shares during the last quarter. Parkside Financial Bank & Trust purchased a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at $30,000. Fortitude Family Office LLC purchased a new stake in SPDR Gold MiniShares Trust in the fourth quarter worth about $40,000. Citigroup Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 1,201.0% during the third quarter. Citigroup Inc. now owns 1,353 shares of the company’s stock worth $50,000 after acquiring an additional 1,249 shares during the period. Finally, Salem Investment Counselors Inc. acquired a new stake in SPDR Gold MiniShares Trust in the fourth quarter valued at about $51,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM stock traded up $0.55 during trading hours on Thursday, reaching $44.05. 2,474,784 shares of the company’s stock were exchanged, compared to its average volume of 2,784,540. SPDR Gold MiniShares Trust has a 1 year low of $35.99 and a 1 year high of $44.12. The company’s 50 day moving average is $41.25 and its two-hundred day moving average is $39.90.

About SPDR Gold MiniShares Trust

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.