Harbor Investment Advisory LLC Has $8.56 Million Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Harbor Investment Advisory LLC boosted its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 164,273 shares of the company’s stock after acquiring an additional 9,850 shares during the quarter. SPDR Gold MiniShares Trust makes up approximately 0.8% of Harbor Investment Advisory LLC’s investment portfolio, making the stock its 21st largest holding. Harbor Investment Advisory LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,564,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. HBW Advisory Services LLC acquired a new stake in SPDR Gold MiniShares Trust during the third quarter worth about $458,000. Apella Capital LLC grew its stake in shares of SPDR Gold MiniShares Trust by 21.1% in the 3rd quarter. Apella Capital LLC now owns 17,313 shares of the company’s stock valued at $912,000 after purchasing an additional 3,021 shares during the period. Mattson Financial Services LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $1,200,000. Sanctuary Advisors LLC acquired a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at $4,044,000. Finally, Brown Financial Advisors bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at $1,385,000.

SPDR Gold MiniShares Trust Stock Down 0.2 %

Shares of GLDM traded down $0.11 during trading hours on Friday, hitting $52.54. The stock had a trading volume of 3,306,816 shares, compared to its average volume of 3,701,251. The company’s fifty day moving average is $50.03 and its two-hundred day moving average is $47.58. SPDR Gold MiniShares Trust has a 52 week low of $35.99 and a 52 week high of $53.05.

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.