Sterling Investment Advisors Ltd. cut its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 1.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 152,904 shares of the company’s stock after selling 2,224 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 2.0% of Sterling Investment Advisors Ltd.’s investment portfolio, making the stock its 12th largest holding. Sterling Investment Advisors Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $7,949,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. First Community Trust NA acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $43,000. Barrett & Company Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at about $53,000. First Horizon Advisors Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at about $65,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at about $74,000. Finally, Sanctuary Wealth Management L.L.C. bought a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at approximately $76,000.
SPDR Gold MiniShares Trust Price Performance
Shares of GLDM stock opened at $58.46 on Tuesday. The stock’s 50 day simple moving average is $54.44 and its 200 day simple moving average is $52.75. SPDR Gold MiniShares Trust has a twelve month low of $40.16 and a twelve month high of $58.47.
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.
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