Petix & Botte Co Grows Stock Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Petix & Botte Co lifted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 39,632 shares of the company’s stock after buying an additional 404 shares during the quarter. SPDR Gold MiniShares Trust comprises approximately 0.6% of Petix & Botte Co’s portfolio, making the stock its 29th largest holding. Petix & Botte Co’s holdings in SPDR Gold MiniShares Trust were worth $2,066,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in GLDM. Hantz Financial Services Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $28,000. Family Firm Inc. purchased a new position in SPDR Gold MiniShares Trust in the 2nd quarter valued at about $32,000. Rothschild Investment LLC purchased a new position in SPDR Gold MiniShares Trust in the 2nd quarter valued at about $38,000. Palisade Asset Management LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the first quarter valued at about $50,000. Finally, RFP Financial Group LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the second quarter worth about $73,000.

SPDR Gold MiniShares Trust Trading Up 1.0 %

Shares of NYSEARCA:GLDM traded up $0.56 during trading on Friday, hitting $53.90. The company’s stock had a trading volume of 1,495,997 shares, compared to its average volume of 3,648,616. SPDR Gold MiniShares Trust has a fifty-two week low of $38.32 and a fifty-two week high of $53.92. The stock’s 50-day moving average price is $50.98 and its two-hundred day moving average price is $48.22.

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.