WestEnd Advisors LLC lowered its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 57.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,393 shares of the company’s stock after selling 3,242 shares during the quarter. WestEnd Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $157,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently modified their holdings of GLDM. Johnson Investment Counsel Inc. bought a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth approximately $240,000. GAMMA Investing LLC bought a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth approximately $29,000. Kestra Private Wealth Services LLC increased its holdings in SPDR Gold MiniShares Trust by 4.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 43,827 shares of the company’s stock worth $2,712,000 after acquiring an additional 2,018 shares during the period. Sowell Financial Services LLC bought a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth approximately $306,000. Finally, Wedbush Securities Inc. bought a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth approximately $209,000.
SPDR Gold MiniShares Trust Stock Up 0.5%
SPDR Gold MiniShares Trust stock opened at $78.82 on Wednesday. The firm’s 50 day simple moving average is $70.31 and its 200 day simple moving average is $66.83. SPDR Gold MiniShares Trust has a 1-year low of $50.67 and a 1-year high of $79.02.
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.
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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).
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