Money Concepts Capital Corp Trims Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Money Concepts Capital Corp decreased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 98,514 shares of the company’s stock after selling 4,002 shares during the quarter. Money Concepts Capital Corp owned approximately 0.06% of SPDR Gold MiniShares Trust worth $5,122,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GLDM. Mirae Asset Global Investments Co. Ltd. boosted its position in SPDR Gold MiniShares Trust by 30.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 120,856 shares of the company’s stock worth $6,002,000 after purchasing an additional 27,893 shares in the last quarter. Stratos Investment Management LLC boosted its holdings in SPDR Gold MiniShares Trust by 194.4% during the fourth quarter. Stratos Investment Management LLC now owns 11,404 shares of the company’s stock worth $593,000 after buying an additional 7,530 shares in the last quarter. Stratos Wealth Advisors LLC grew its position in SPDR Gold MiniShares Trust by 3.7% during the fourth quarter. Stratos Wealth Advisors LLC now owns 95,888 shares of the company’s stock valued at $4,985,000 after buying an additional 3,405 shares during the period. Sargent Investment Group LLC increased its holdings in SPDR Gold MiniShares Trust by 21.0% in the fourth quarter. Sargent Investment Group LLC now owns 23,015 shares of the company’s stock valued at $1,214,000 after buying an additional 4,000 shares in the last quarter. Finally, Mather Group LLC. raised its position in shares of SPDR Gold MiniShares Trust by 8.0% in the fourth quarter. Mather Group LLC. now owns 7,769 shares of the company’s stock worth $404,000 after acquiring an additional 575 shares during the period.

SPDR Gold MiniShares Trust Price Performance

GLDM stock opened at $56.36 on Wednesday. SPDR Gold MiniShares Trust has a 52-week low of $39.35 and a 52-week high of $56.37. The company’s 50-day simple moving average is $53.06 and its 200-day simple moving average is $51.78.

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.