Weil Company Inc. Reduces Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Weil Company Inc. lessened its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,055 shares of the company’s stock after selling 398 shares during the period. Weil Company Inc.’s holdings in SPDR Gold MiniShares Trust were worth $575,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. increased its holdings in SPDR Gold MiniShares Trust by 74.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 92,963 shares of the company’s stock valued at $4,846,000 after purchasing an additional 39,563 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of SPDR Gold MiniShares Trust by 8.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 253,094 shares of the company’s stock worth $13,194,000 after buying an additional 19,100 shares during the last quarter. J.W. Cole Advisors Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at approximately $230,000. Autumn Glory Partners LLC bought a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at approximately $417,000. Finally, China Universal Asset Management Co. Ltd. lifted its stake in SPDR Gold MiniShares Trust by 31.4% in the third quarter. China Universal Asset Management Co. Ltd. now owns 94,200 shares of the company’s stock worth $4,911,000 after acquiring an additional 22,500 shares during the period.

SPDR Gold MiniShares Trust Trading Down 1.3 %

NYSEARCA:GLDM opened at $57.69 on Wednesday. The firm’s fifty day simple moving average is $54.55 and its 200 day simple moving average is $52.82. SPDR Gold MiniShares Trust has a twelve month low of $40.16 and a twelve month high of $58.47.

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.