SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Purchased by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,976 shares of the company’s stock after acquiring an additional 1,678 shares during the period. SPDR Gold MiniShares Trust accounts for 3.2% of Flynn Zito Capital Management LLC’s investment portfolio, making the stock its 9th biggest holding. Flynn Zito Capital Management LLC owned approximately 0.08% of SPDR Gold MiniShares Trust worth $4,704,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Avior Wealth Management LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 8.4% during the 4th quarter. Avior Wealth Management LLC now owns 98,498 shares of the company’s stock worth $4,030,000 after purchasing an additional 7,670 shares during the period. Signet Financial Management LLC bought a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter worth about $238,000. Capital Analysts LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 33.6% during the 4th quarter. Capital Analysts LLC now owns 9,866 shares of the company’s stock worth $404,000 after purchasing an additional 2,484 shares during the period. Nottingham Advisors Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 23.7% during the 4th quarter. Nottingham Advisors Inc. now owns 407,692 shares of the company’s stock worth $16,679,000 after purchasing an additional 78,203 shares during the period. Finally, Q3 Asset Management bought a new stake in SPDR Gold MiniShares Trust in the fourth quarter valued at about $1,827,000.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA GLDM traded up $0.14 on Thursday, reaching $47.19. The company’s stock had a trading volume of 3,698,178 shares, compared to its average volume of 3,574,872. The business has a 50-day moving average price of $42.88 and a 200 day moving average price of $40.72. SPDR Gold MiniShares Trust has a 52 week low of $35.99 and a 52 week high of $48.21.

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.