Portside Wealth Group LLC Has $4.38 Million Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Portside Wealth Group LLC reduced its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,053 shares of the company’s stock after selling 3,341 shares during the quarter. Portside Wealth Group LLC owned 0.05% of SPDR Gold MiniShares Trust worth $4,382,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Norden Group LLC bought a new position in SPDR Gold MiniShares Trust in the first quarter valued at about $431,000. Janney Montgomery Scott LLC raised its position in SPDR Gold MiniShares Trust by 51.1% in the first quarter. Janney Montgomery Scott LLC now owns 83,176 shares of the company’s stock valued at $3,664,000 after purchasing an additional 28,142 shares during the last quarter. Csenge Advisory Group bought a new position in SPDR Gold MiniShares Trust in the first quarter valued at about $221,000. SG Americas Securities LLC raised its position in SPDR Gold MiniShares Trust by 97.4% in the first quarter. SG Americas Securities LLC now owns 17,530 shares of the company’s stock valued at $772,000 after purchasing an additional 8,650 shares during the last quarter. Finally, Keudell Morrison Wealth Management raised its position in SPDR Gold MiniShares Trust by 1.4% in the first quarter. Keudell Morrison Wealth Management now owns 253,580 shares of the company’s stock valued at $11,170,000 after purchasing an additional 3,497 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.6 %

SPDR Gold MiniShares Trust stock opened at $53.57 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $38.32 and a 12 month high of $55.29. The stock has a 50-day moving average price of $52.30 and a two-hundred day moving average price of $48.96.

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.