SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Stock Position Lowered by Avid Wealth Partners LLC

Avid Wealth Partners LLC cut its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 155,972 shares of the company’s stock after selling 9,159 shares during the period. SPDR Gold MiniShares Trust accounts for 5.8% of Avid Wealth Partners LLC’s investment portfolio, making the stock its 7th biggest position. Avid Wealth Partners LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,109,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Brookstone Capital Management lifted its stake in SPDR Gold MiniShares Trust by 25.5% in the 4th quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock worth $5,149,000 after purchasing an additional 20,124 shares in the last quarter. FMR LLC boosted its stake in SPDR Gold MiniShares Trust by 50.2% during the third quarter. FMR LLC now owns 7,425 shares of the company’s stock valued at $387,000 after buying an additional 2,480 shares during the period. Exchange Traded Concepts LLC grew its position in SPDR Gold MiniShares Trust by 7.2% during the third quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after buying an additional 210 shares in the last quarter. Mutual Advisors LLC increased its stake in SPDR Gold MiniShares Trust by 27.5% in the 4th quarter. Mutual Advisors LLC now owns 13,510 shares of the company’s stock worth $727,000 after acquiring an additional 2,914 shares during the last quarter. Finally, Seven Post Investment Office LP boosted its position in shares of SPDR Gold MiniShares Trust by 1,539.1% during the 4th quarter. Seven Post Investment Office LP now owns 69,418 shares of the company’s stock valued at $3,609,000 after acquiring an additional 65,183 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $56.73 on Thursday. The business has a 50-day moving average of $53.15 and a 200-day moving average of $51.81. SPDR Gold MiniShares Trust has a 12 month low of $39.35 and a 12 month high of $57.12.

SPDR Gold MiniShares Trust Company 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.