AMJ Financial Wealth Management cut its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 1.5% in the 4th quarter, HoldingsChannel reports. The fund owned 116,319 shares of the company’s stock after selling 1,804 shares during the period. AMJ Financial Wealth Management’s holdings in SPDR Gold MiniShares Trust were worth $6,047,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in GLDM. First Community Trust NA acquired a new position in SPDR Gold MiniShares Trust during the 4th quarter valued at about $43,000. First Horizon Advisors Inc. bought a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at approximately $65,000. Glass Jacobson Investment Advisors llc bought a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at approximately $74,000. Sanctuary Wealth Management L.L.C. purchased a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at approximately $76,000. Finally, Stonebridge Financial Group LLC bought a new stake in SPDR Gold MiniShares Trust during the fourth quarter worth $89,000.
SPDR Gold MiniShares Trust Stock Performance
Shares of NYSEARCA:GLDM opened at $57.27 on Tuesday. The stock’s fifty day simple moving average is $54.88 and its two-hundred day simple moving average is $53.00. SPDR Gold MiniShares Trust has a 1-year low of $41.52 and a 1-year high of $58.47.
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.
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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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