Baker Tilly Wealth Management LLC Acquires 2,165 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Baker Tilly Wealth Management LLC increased its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,495 shares of the company’s stock after buying an additional 2,165 shares during the period. SPDR Gold MiniShares Trust accounts for 1.1% of Baker Tilly Wealth Management LLC’s holdings, making the stock its 19th largest position. Baker Tilly Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,729,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. CENTRAL TRUST Co lifted its position in shares of SPDR Gold MiniShares Trust by 1.3% during the 3rd quarter. CENTRAL TRUST Co now owns 14,935 shares of the company’s stock worth $779,000 after buying an additional 197 shares during the last quarter. MONECO Advisors LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 4.0% in the third quarter. MONECO Advisors LLC now owns 5,455 shares of the company’s stock worth $284,000 after acquiring an additional 208 shares during the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 7.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock valued at $163,000 after purchasing an additional 210 shares in the last quarter. Patten Group Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 2.7% during the 3rd quarter. Patten Group Inc. now owns 8,195 shares of the company’s stock valued at $427,000 after purchasing an additional 212 shares during the last quarter. Finally, Independent Advisor Alliance increased its position in SPDR Gold MiniShares Trust by 2.5% during the 3rd quarter. Independent Advisor Alliance now owns 9,931 shares of the company’s stock worth $518,000 after purchasing an additional 244 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

SPDR Gold MiniShares Trust stock traded up $0.56 during mid-day trading on Friday, reaching $53.34. The company had a trading volume of 2,992,695 shares, compared to its average volume of 2,210,083. The business has a fifty day simple moving average of $52.39 and a 200 day simple moving average of $50.80. SPDR Gold MiniShares Trust has a fifty-two week low of $39.35 and a fifty-two 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.