McNaughton Wealth Management LLC Purchases 14,839 Shares of SPDR Gold MiniShares Trust $GLDM

McNaughton Wealth Management LLC grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 40.1% in the 3rd quarter, Holdings Channel reports. The fund owned 51,857 shares of the company’s stock after purchasing an additional 14,839 shares during the quarter. SPDR Gold MiniShares Trust accounts for 1.7% of McNaughton Wealth Management LLC’s portfolio, making the stock its 20th biggest position. McNaughton Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,964,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Raymond James Financial Inc. boosted its holdings in shares of SPDR Gold MiniShares Trust by 11.1% in the first quarter. Raymond James Financial Inc. now owns 933,461 shares of the company’s stock valued at $57,772,000 after buying an additional 92,961 shares during the period. Aptus Capital Advisors LLC raised its stake in shares of SPDR Gold MiniShares Trust by 4.0% in the 1st quarter. Aptus Capital Advisors LLC now owns 74,687 shares of the company’s stock valued at $4,622,000 after purchasing an additional 2,870 shares during the period. RWA Wealth Partners LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 11.0% in the first quarter. RWA Wealth Partners LLC now owns 34,065 shares of the company’s stock valued at $2,108,000 after purchasing an additional 3,384 shares in the last quarter. Vertex Planning Partners LLC boosted its position in shares of SPDR Gold MiniShares Trust by 99.9% during the first quarter. Vertex Planning Partners LLC now owns 30,820 shares of the company’s stock worth $1,907,000 after buying an additional 15,399 shares during the period. Finally, Tradition Wealth Management LLC raised its position in SPDR Gold MiniShares Trust by 89.5% in the 1st quarter. Tradition Wealth Management LLC now owns 24,394 shares of the company’s stock valued at $1,510,000 after buying an additional 11,518 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.8%

NYSEARCA:GLDM opened at $85.92 on Thursday. SPDR Gold MiniShares Trust has a twelve month low of $51.24 and a twelve month high of $86.75. The business has a 50 day moving average price of $81.83 and a two-hundred day moving average price of $73.24.

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.