Richard P Slaughter Associates Inc Takes Position in SPDR Gold MiniShares Trust $GLDM

Richard P Slaughter Associates Inc bought a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 56,847 shares of the company’s stock, valued at approximately $4,346,000. SPDR Gold MiniShares Trust makes up approximately 0.9% of Richard P Slaughter Associates Inc’s portfolio, making the stock its 23rd biggest position.

Several other large investors have also added to or reduced their stakes in GLDM. ORG Partners LLC bought a new position in SPDR Gold MiniShares Trust in the 2nd quarter worth $28,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at about $31,000. Atlantic Union Bankshares Corp bought a new position in SPDR Gold MiniShares Trust in the second quarter worth about $31,000. Family Legacy Financial Solutions LLC bought a new position in SPDR Gold MiniShares Trust in the third quarter worth about $36,000. Finally, Beacon Capital Management LLC purchased a new stake in SPDR Gold MiniShares Trust in the second quarter worth about $38,000.

SPDR Gold MiniShares Trust Trading Down 0.2%

GLDM stock opened at $85.78 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $51.24 and a fifty-two week high of $86.75. The business’s 50 day moving average price is $81.97 and its two-hundred day moving average price is $73.33.

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.