Avidian Wealth Enterprises LLC Decreases Position in SPDR Gold MiniShares Trust $GLDM

Avidian Wealth Enterprises LLC cut its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 24.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 8,495 shares of the company’s stock after selling 2,691 shares during the period. Avidian Wealth Enterprises LLC’s holdings in SPDR Gold MiniShares Trust were worth $557,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of GLDM. GAMMA Investing LLC purchased a new position in SPDR Gold MiniShares Trust in the first quarter worth about $29,000. Envestnet Portfolio Solutions Inc. raised its holdings in SPDR Gold MiniShares Trust by 10.1% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 10,013 shares of the company’s stock worth $620,000 after buying an additional 919 shares during the last quarter. YHB Investment Advisors Inc. raised its holdings in SPDR Gold MiniShares Trust by 25.2% in the first quarter. YHB Investment Advisors Inc. now owns 8,700 shares of the company’s stock worth $538,000 after buying an additional 1,750 shares during the last quarter. Sheets Smith Wealth Management purchased a new position in SPDR Gold MiniShares Trust in the first quarter worth about $676,000. Finally, Financial Enhancement Group LLC raised its holdings in SPDR Gold MiniShares Trust by 13.6% in the first quarter. Financial Enhancement Group LLC now owns 110,301 shares of the company’s stock worth $7,374,000 after buying an additional 13,237 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Down 0.1%

Shares of SPDR Gold MiniShares Trust stock opened at $81.20 on Thursday. SPDR Gold MiniShares Trust has a 52-week low of $50.67 and a 52-week high of $86.75. The company has a 50-day simple moving average of $73.76 and a two-hundred day simple moving average of $68.41.

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.