Accretive Wealth Partners LLC Has $8.32 Million Holdings in SPDR Gold MiniShares Trust $GLDM

Accretive Wealth Partners LLC lifted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 126,953 shares of the company’s stock after purchasing an additional 2,301 shares during the period. SPDR Gold MiniShares Trust accounts for about 2.7% of Accretive Wealth Partners LLC’s portfolio, making the stock its 6th largest position. Accretive Wealth Partners LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,318,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. grew its holdings in SPDR Gold MiniShares Trust by 12.3% during the 1st 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 during the last quarter. Jane Street Group LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the first quarter worth approximately $395,321,000. Asset Management One Co. Ltd. lifted its position in shares of SPDR Gold MiniShares Trust by 7.0% during 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 in the last quarter. Principal Financial Group Inc. grew its stake in shares of SPDR Gold MiniShares Trust by 55.3% during the first quarter. Principal Financial Group Inc. now owns 2,729,216 shares of the company’s stock valued at $168,911,000 after purchasing an additional 972,011 shares during the last quarter. 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 valued at $168,078,000 after purchasing an additional 518,772 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $83.70 on Monday. The company has a 50 day moving average price of $72.76 and a 200 day moving average price of $68.04. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $85.47.

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.