M Holdings Securities Inc. Buys 11,003 Shares of SPDR Gold MiniShares Trust $GLDM

M Holdings Securities Inc. purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 11,003 shares of the company’s stock, valued at approximately $903,000.

A number of other hedge funds and other institutional investors have also modified their holdings of GLDM. Traynor Capital Management Inc. raised its holdings in SPDR Gold MiniShares Trust by 6.0% during the 3rd quarter. Traynor Capital Management Inc. now owns 2,841 shares of the company’s stock worth $233,000 after buying an additional 161 shares during the period. Beacon Financial Advisory LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 3.6% in the second quarter. Beacon Financial Advisory LLC now owns 4,658 shares of the company’s stock worth $370,000 after buying an additional 163 shares during the period. Cassilly Financial Group LLC increased its position in shares of SPDR Gold MiniShares Trust by 2.7% in the third quarter. Cassilly Financial Group LLC now owns 6,782 shares of the company’s stock worth $557,000 after acquiring an additional 180 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of SPDR Gold MiniShares Trust by 288.4% in the first quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock worth $25,000 after acquiring an additional 199 shares in the last quarter. Finally, Carnegie Investment Counsel raised its holdings in shares of SPDR Gold MiniShares Trust by 6.0% during the first quarter. Carnegie Investment Counsel now owns 3,550 shares of the company’s stock valued at $329,000 after acquiring an additional 200 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $81.91 on Tuesday. SPDR Gold MiniShares Trust has a 52-week low of $76.54 and a 52-week high of $109.74. The company’s 50 day simple moving average is $82.94 and its 200-day simple moving average is $88.65.

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.