International Private Wealth Advisors LLC Decreases Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

International Private Wealth Advisors LLC lessened its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,442 shares of the company’s stock after selling 380 shares during the quarter. International Private Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $337,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Studio Investment Management LLC bought a new position in SPDR Gold MiniShares Trust during the fourth quarter worth about $36,000. Ancora Advisors LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at approximately $79,000. Parallel Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 18,928.6% in the 1st quarter. Parallel Advisors LLC now owns 1,332 shares of the company’s stock worth $82,000 after buying an additional 1,325 shares during the period. FWL Investment Management LLC bought a new position in SPDR Gold MiniShares Trust in the 4th quarter worth approximately $83,000. Finally, Stonebridge Financial Group LLC purchased a new position in SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $89,000.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $65.59 on Monday. The company’s fifty day simple moving average is $64.60 and its two-hundred day simple moving average is $58.60. SPDR Gold MiniShares Trust has a 1 year low of $45.47 and a 1 year high of $68.23.

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.