Sutton Place Investors LLC Sells 1,926 Shares of SPDR Gold MiniShares Trust $GLDM

Sutton Place Investors LLC decreased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 25.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,517 shares of the company’s stock after selling 1,926 shares during the period. Sutton Place Investors LLC’s holdings in SPDR Gold MiniShares Trust were worth $361,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Kraematon Investment Advisors Inc. grew its holdings in SPDR Gold MiniShares Trust by 0.9% during the second quarter. Kraematon Investment Advisors Inc. now owns 59,204 shares of the company’s stock worth $3,879,000 after purchasing an additional 557 shares during the period. Quent Capital LLC grew its holdings in SPDR Gold MiniShares Trust by 10.4% during the second quarter. Quent Capital LLC now owns 147,096 shares of the company’s stock worth $9,638,000 after purchasing an additional 13,824 shares during the period. Cardinal Strategic Wealth Guidance grew its holdings 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 worth $8,278,000 after purchasing an additional 45,705 shares during the period. Ameritas Advisory Services LLC bought a new position in SPDR Gold MiniShares Trust during the second quarter worth about $2,763,000. Finally, Synergy Asset Management LLC bought a new position in SPDR Gold MiniShares Trust during the second quarter worth about $1,443,000.

SPDR Gold MiniShares Trust Trading Up 0.8%

SPDR Gold MiniShares Trust stock opened at $76.92 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $50.67 and a 52 week high of $77.13. The stock has a 50-day simple moving average of $69.80 and a 200 day simple moving average of $66.58.

About SPDR Gold MiniShares Trust

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.