SPDR Gold MiniShares Trust $GLDM Shares Sold by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC trimmed its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 19.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,857 shares of the company’s stock after selling 1,443 shares during the quarter. Verdence Capital Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $384,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of GLDM. GAMMA Investing LLC acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at about $29,000. Dynamic Advisor Solutions LLC acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at about $321,000. Janney Montgomery Scott LLC boosted its holdings in SPDR Gold MiniShares Trust by 2.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 80,466 shares of the company’s stock valued at $4,980,000 after purchasing an additional 1,916 shares during the last quarter. Sowell Financial Services LLC acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at about $306,000. Finally, S. R. Schill & Associates acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at about $1,160,000.

SPDR Gold MiniShares Trust Stock Up 1.7%

Shares of GLDM stock opened at $83.37 on Thursday. The company has a 50-day moving average of $72.07 and a two-hundred day moving average of $67.64. SPDR Gold MiniShares Trust has a 1-year low of $50.67 and a 1-year high of $83.42.

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.