C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Grows Stock Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1,730.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 97,734 shares of the company’s stock after purchasing an additional 92,395 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned approximately 0.06% of SPDR Gold MiniShares Trust worth $5,095,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GLDM. Cassaday & Co Wealth Management LLC bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter worth $251,429,000. Alaska Permanent Fund Corp increased its stake in SPDR Gold MiniShares Trust by 1,917.7% in the 1st quarter. Alaska Permanent Fund Corp now owns 2,623,000 shares of the company’s stock worth $115,543,000 after buying an additional 2,493,000 shares during the period. Tidal Investments LLC increased its stake in SPDR Gold MiniShares Trust by 1.9% in the 1st quarter. Tidal Investments LLC now owns 1,860,526 shares of the company’s stock worth $81,956,000 after buying an additional 34,857 shares during the period. LPL Financial LLC increased its position in SPDR Gold MiniShares Trust by 1.3% during the 2nd quarter. LPL Financial LLC now owns 1,536,001 shares of the company’s stock valued at $70,794,000 after purchasing an additional 20,288 shares during the period. Finally, Congress Wealth Management LLC DE increased its position in SPDR Gold MiniShares Trust by 0.5% during the 1st quarter. Congress Wealth Management LLC DE now owns 1,524,178 shares of the company’s stock valued at $67,140,000 after purchasing an additional 6,985 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA:GLDM opened at $51.98 on Wednesday. The company’s 50-day simple moving average is $50.22 and its 200-day simple moving average is $47.77. SPDR Gold MiniShares Trust has a fifty-two week low of $36.59 and a fifty-two week high of $53.05.

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.