AIFG Consultants Ltd. Has $8.45 Million Position in SPDR Gold MiniShares Trust $GLDM

AIFG Consultants Ltd. trimmed its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 10.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 129,013 shares of the company’s stock after selling 14,874 shares during the quarter. SPDR Gold MiniShares Trust makes up about 16.5% of AIFG Consultants Ltd.’s investment portfolio, making the stock its largest holding. AIFG Consultants Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $8,453,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Cardinal Strategic Wealth Guidance grew its position in SPDR Gold MiniShares Trust by 56.7% during the second quarter. Cardinal Strategic Wealth Guidance now owns 126,347 shares of the company’s stock valued at $8,278,000 after buying an additional 45,705 shares during the period. Ameritas Advisory Services LLC bought a new stake in SPDR Gold MiniShares Trust during the second quarter valued at approximately $2,763,000. Synergy Asset Management LLC bought a new stake in SPDR Gold MiniShares Trust during the second quarter valued at approximately $1,443,000. Triad Wealth Partners LLC bought a new stake in SPDR Gold MiniShares Trust during the second quarter valued at approximately $319,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in SPDR Gold MiniShares Trust by 25.5% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 221,200 shares of the company’s stock valued at $14,493,000 after buying an additional 45,000 shares during the period.

SPDR Gold MiniShares Trust Trading Up 0.8%

GLDM opened at $76.92 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $50.67 and a 1-year high of $77.13. The company has a 50 day simple moving average of $69.80 and a two-hundred day simple moving average of $66.53.

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.