SPDR Gold MiniShares Trust $GLDM is Continuum Wealth Advisors LLC’s 6th Largest Position

Continuum Wealth Advisors LLC raised its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 53.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 227,575 shares of the company’s stock after acquiring an additional 79,599 shares during the period. SPDR Gold MiniShares Trust comprises about 7.2% of Continuum Wealth Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Continuum Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $14,911,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of GLDM. ORG Partners LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at about $28,000. GAMMA Investing LLC purchased a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth approximately $29,000. Asset Planning Inc purchased a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth approximately $29,000. Mid American Wealth Advisory Group Inc. purchased a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $31,000. Finally, Beacon Capital Management LLC purchased a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $38,000.

SPDR Gold MiniShares Trust Trading Down 0.6%

NYSEARCA:GLDM opened at $79.19 on Monday. SPDR Gold MiniShares Trust has a 12 month low of $50.67 and a 12 month high of $86.75. The stock has a 50 day moving average of $75.64 and a two-hundred day moving average of $69.41.

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.