Ameritas Advisory Services LLC Purchases New Position in SPDR Gold MiniShares Trust $GLDM

Ameritas Advisory Services LLC purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 42,175 shares of the company’s stock, valued at approximately $2,763,000.

Several other large investors have also added to or reduced their stakes in GLDM. GAMMA Investing LLC bought a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at about $1,823,000. Parallel Advisors LLC lifted its position in SPDR Gold MiniShares Trust by 18,928.6% in the 1st quarter. Parallel Advisors LLC now owns 1,332 shares of the company’s stock valued at $82,000 after acquiring an additional 1,325 shares in the last quarter. Merit Financial Group LLC lifted its position in SPDR Gold MiniShares Trust by 8.4% in the 1st quarter. Merit Financial Group LLC now owns 36,049 shares of the company’s stock valued at $2,231,000 after acquiring an additional 2,782 shares in the last quarter. MKT Advisors LLC bought a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at about $377,000. Finally, Eagle Rock Investment Company LLC bought a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at about $1,028,000.

SPDR Gold MiniShares Trust Stock Up 0.8%

Shares of NYSEARCA GLDM opened at $76.92 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $77.13. The firm’s 50-day simple moving average is $69.80 and its 200 day simple moving average is $66.53.

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.