CGN Advisors LLC Acquires New Shares in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

CGN Advisors LLC purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,543 shares of the company’s stock, valued at approximately $249,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TimeScale Financial Inc. bought a new stake in shares of SPDR Gold MiniShares Trust during the first quarter worth $26,000. Retirement Group LLC acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter worth about $29,000. Bell Investment Advisors Inc bought a new position in SPDR Gold MiniShares Trust in the first quarter valued at about $31,000. Bessemer Group Inc. boosted its stake in shares of SPDR Gold MiniShares Trust by 135.5% during the first quarter. Bessemer Group Inc. now owns 869 shares of the company’s stock valued at $34,000 after purchasing an additional 500 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 59.4% during the first quarter. Global Retirement Partners LLC now owns 1,162 shares of the company’s stock worth $47,000 after purchasing an additional 433 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.7 %

Shares of NYSEARCA GLDM opened at $38.13 on Friday. The company has a 50 day simple moving average of $38.33 and a 200 day simple moving average of $38.67. SPDR Gold MiniShares Trust has a 1 year low of $32.12 and a 1 year high of $40.87.