Wallace Advisory Group LLC Boosts Holdings in SPDR Gold MiniShares Trust $GLDM

Wallace Advisory Group LLC lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 21.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,750 shares of the company’s stock after acquiring an additional 6,395 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 2.1% of Wallace Advisory Group LLC’s investment portfolio, making the stock its 7th largest holding. Wallace Advisory Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,733,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in GLDM. Empower Advisory Group LLC purchased a new stake in SPDR Gold MiniShares Trust in the second quarter worth approximately $336,022,000. Jane Street Group LLC purchased a new stake in SPDR Gold MiniShares Trust during the 1st quarter valued at $231,443,000. 3EDGE Asset Management LP raised its stake in SPDR Gold MiniShares Trust by 43.0% during the 2nd quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock valued at $144,905,000 after buying an additional 664,523 shares during the last quarter. CWM LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 508.4% during the 3rd quarter. CWM LLC now owns 781,531 shares of the company’s stock valued at $59,748,000 after buying an additional 653,080 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 3,304.3% in the 2nd quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after buying an additional 618,690 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Down 0.3%

Shares of GLDM opened at $88.70 on Friday. SPDR Gold MiniShares Trust has a one year low of $51.43 and a one year high of $89.04. The business has a fifty day moving average of $82.54 and a 200 day moving average of $74.08.

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.