Kraematon Investment Advisors Inc. Has $3.11 Million Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Kraematon Investment Advisors Inc. lifted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,832 shares of the company’s stock after purchasing an additional 464 shares during the period. SPDR Gold MiniShares Trust accounts for approximately 3.1% of Kraematon Investment Advisors Inc.’s portfolio, making the stock its 7th largest position. Kraematon Investment Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $3,111,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. First Community Trust NA purchased a new position in SPDR Gold MiniShares Trust during the 4th quarter valued at $43,000. Barrett & Company Inc. bought a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at about $53,000. First Horizon Advisors Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at about $65,000. Glass Jacobson Investment Advisors llc bought a new position in SPDR Gold MiniShares Trust in the third quarter worth about $74,000. Finally, Sanctuary Wealth Management L.L.C. purchased a new stake in SPDR Gold MiniShares Trust in the third quarter worth about $76,000.

SPDR Gold MiniShares Trust Stock Up 0.7 %

SPDR Gold MiniShares Trust stock opened at $53.79 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $39.35 and a fifty-two week high of $55.29. The stock’s 50 day simple moving average is $52.34 and its two-hundred day simple moving average is $51.05.

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.