Mills Wealth Advisors LLC lessened its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 8.1% during the second quarter, HoldingsChannel reports. The firm owned 41,098 shares of the company’s stock after selling 3,609 shares during the period. SPDR Gold MiniShares Trust accounts for 1.2% of Mills Wealth Advisors LLC’s portfolio, making the stock its 20th largest position. Mills Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,693,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of GLDM. ORG Partners LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the second quarter worth about $28,000. GAMMA Investing LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the first quarter worth about $29,000. Asset Planning Inc acquired a new position in shares of SPDR Gold MiniShares Trust during the first quarter worth about $29,000. Beacon Capital Management LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the second quarter worth about $38,000. Finally, Financial Management Professionals Inc. lifted its stake in shares of SPDR Gold MiniShares Trust by 41.7% during the second quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock worth $39,000 after purchasing an additional 175 shares in the last quarter.
SPDR Gold MiniShares Trust Stock Performance
Shares of GLDM opened at $86.69 on Tuesday. SPDR Gold MiniShares Trust has a 12 month low of $50.67 and a 12 month high of $86.75. The stock’s 50-day moving average is $73.17 and its two-hundred day moving average is $68.23.
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.
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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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