Joseph Group Capital Management cut its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 17.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,412 shares of the company’s stock after selling 13,215 shares during the period. SPDR Gold MiniShares Trust accounts for approximately 1.3% of Joseph Group Capital Management’s holdings, making the stock its 24th biggest holding. Joseph Group Capital Management’s holdings in SPDR Gold MiniShares Trust were worth $3,958,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC increased its position in shares of SPDR Gold MiniShares Trust by 4.8% in the first quarter. Kestra Private Wealth Services LLC now owns 43,827 shares of the company’s stock worth $2,712,000 after purchasing an additional 2,018 shares during the period. Wedbush Securities Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at approximately $209,000. Brown Advisory Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 5.8% during the 1st quarter. Brown Advisory Inc. now owns 16,575 shares of the company’s stock valued at $1,026,000 after purchasing an additional 916 shares during the last quarter. Rosenberg Matthew Hamilton increased its position in SPDR Gold MiniShares Trust by 13.0% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 2,162 shares of the company’s stock worth $142,000 after purchasing an additional 249 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. bought a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at approximately $65,351,000.
SPDR Gold MiniShares Trust Price Performance
NYSEARCA GLDM opened at $79.26 on Monday. SPDR Gold MiniShares Trust has a twelve month low of $50.67 and a twelve month high of $86.75. The business’s fifty day moving average is $76.78 and its 200 day moving average is $69.85.
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.
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