Wealth Advisory Solutions LLC lowered its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 2.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 133,063 shares of the company’s stock after selling 2,964 shares during the quarter. SPDR Gold MiniShares Trust comprises 2.2% of Wealth Advisory Solutions LLC’s investment portfolio, making the stock its 11th biggest holding. Wealth Advisory Solutions LLC owned about 0.06% of SPDR Gold MiniShares Trust worth $8,235,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. boosted its position in SPDR Gold MiniShares Trust by 12.3% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,596,294 shares of the company’s stock valued at $903,365,000 after acquiring an additional 1,596,294 shares during the last quarter. Evoke Wealth LLC boosted its position in shares of SPDR Gold MiniShares Trust by 0.7% during the 4th quarter. Evoke Wealth LLC now owns 6,604,327 shares of the company’s stock worth $343,359,000 after purchasing an additional 47,341 shares in the last quarter. Bank of America Corp DE boosted its position in shares of SPDR Gold MiniShares Trust by 109.5% during the 4th quarter. Bank of America Corp DE now owns 4,683,654 shares of the company’s stock worth $243,503,000 after purchasing an additional 2,447,630 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in shares of SPDR Gold MiniShares Trust by 7.0% during the 1st quarter. Asset Management One Co. Ltd. now owns 4,004,390 shares of the company’s stock worth $247,832,000 after purchasing an additional 261,613 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 55.3% during the 1st quarter. Principal Financial Group Inc. now owns 2,729,216 shares of the company’s stock worth $168,911,000 after purchasing an additional 972,011 shares in the last quarter.
SPDR Gold MiniShares Trust Price Performance
GLDM stock opened at $65.26 on Wednesday. The company’s 50-day moving average is $65.79 and its 200-day moving average is $60.67. SPDR Gold MiniShares Trust has a 1 year low of $46.57 and a 1 year high of $68.26.
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.
Further Reading
- Five stocks we like better than SPDR Gold MiniShares Trust
- How to Use the MarketBeat Excel Dividend Calculator
- Yield Generators: 3 Stocks Enhancing Shareholder Value
- Trading Halts Explained
- Chime Financial: Analysts Ring In—And It’s a Buy
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Palantir’s Revenue Surge to $1B: Growth vs. Valuation
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.