Signet Financial Management LLC cut its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 3.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 8,346 shares of the company’s stock after selling 296 shares during the quarter. Signet Financial Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $434,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of GLDM. Envestnet Asset Management Inc. lifted its holdings in SPDR Gold MiniShares Trust by 18.2% in the second quarter. Envestnet Asset Management Inc. now owns 786,355 shares of the company’s stock valued at $36,243,000 after acquiring an additional 120,850 shares during the period. Capstone Wealth Management Group LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 1.9% in the 2nd quarter. Capstone Wealth Management Group LLC now owns 58,632 shares of the company’s stock valued at $2,702,000 after purchasing an additional 1,094 shares in the last quarter. Axxcess Wealth Management LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 64.5% in the 2nd quarter. Axxcess Wealth Management LLC now owns 10,444 shares of the company’s stock valued at $481,000 after purchasing an additional 4,094 shares in the last quarter. Purus Wealth Management LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 1.6% in the second quarter. Purus Wealth Management LLC now owns 84,505 shares of the company’s stock valued at $3,895,000 after purchasing an additional 1,294 shares during the period. Finally, WCG Wealth Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 9.4% during the second quarter. WCG Wealth Advisors LLC now owns 12,096 shares of the company’s stock worth $558,000 after buying an additional 1,036 shares in the last quarter.
SPDR Gold MiniShares Trust Stock Performance
Shares of GLDM opened at $52.73 on Tuesday. SPDR Gold MiniShares Trust has a twelve month low of $39.35 and a twelve month high of $55.29. The firm’s 50-day moving average is $52.38 and its two-hundred day moving average is $50.92.
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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