Harbour Investments Inc. Acquires 5,281 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Harbour Investments Inc. grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 198.4% in the 2nd quarter, Holdings Channel reports. The fund owned 7,943 shares of the company’s stock after purchasing an additional 5,281 shares during the quarter. Harbour Investments Inc.’s holdings in SPDR Gold MiniShares Trust were worth $366,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Strategic Financial Services Inc increased its position in shares of SPDR Gold MiniShares Trust by 47.1% during the fourth quarter. Strategic Financial Services Inc now owns 1,501,243 shares of the company’s stock valued at $61,416,000 after purchasing an additional 480,518 shares during the period. MONECO Advisors LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $242,000. Foundations Investment Advisors LLC bought a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter worth about $778,000. Heritage Wealth Advisors acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $359,000. Finally, Raymond James Financial Services Advisors Inc. increased its stake in SPDR Gold MiniShares Trust by 1.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 407,243 shares of the company’s stock valued at $18,770,000 after acquiring an additional 7,671 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $49.95 on Friday. The company has a 50-day moving average price of $47.91 and a two-hundred day moving average price of $45.79. SPDR Gold MiniShares Trust has a 12 month low of $35.99 and a 12 month high of $50.18.

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.