Wealth Advisory Solutions LLC Reduces Stock Position in SPDR Gold MiniShares Trust $GLDM

Wealth Advisory Solutions LLC lowered its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 130,906 shares of the company’s stock after selling 2,157 shares during the period. SPDR Gold MiniShares Trust accounts for approximately 2.2% of Wealth Advisory Solutions LLC’s portfolio, making the stock its 12th largest holding. Wealth Advisory Solutions LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,577,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of 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 worth $903,365,000 after acquiring an additional 1,596,294 shares in the last quarter. Jane Street Group LLC bought a new position in shares of SPDR Gold MiniShares Trust in the first quarter worth $395,321,000. Asset Management One Co. Ltd. increased its holdings in shares of SPDR Gold MiniShares Trust by 7.0% in the first 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 during the period. Principal Financial Group Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 55.3% in the first 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 during the period. Finally, LPL Financial LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 23.6% in the first quarter. LPL Financial LLC now owns 2,715,752 shares of the company’s stock worth $168,078,000 after purchasing an additional 518,772 shares during the period.

SPDR Gold MiniShares Trust Stock Up 1.7%

SPDR Gold MiniShares Trust stock opened at $74.21 on Tuesday. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $74.22. The firm’s fifty day moving average price is $68.21 and its 200-day moving average price is $65.59.

SPDR Gold MiniShares Trust 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.