SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 49.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 170,300 shares of the company’s stock after selling 166,900 shares during the period. Nisa Investment Advisors LLC owned about 0.11% of SPDR Gold MiniShares Trust worth $8,854,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of GLDM. First Community Trust NA acquired a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter worth about $43,000. Barrett & Company Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the third quarter worth $53,000. First Horizon Advisors Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth $65,000. Glass Jacobson Investment Advisors llc purchased a new stake in SPDR Gold MiniShares Trust in the 3rd quarter valued at about $74,000. Finally, Sanctuary Wealth Management L.L.C. purchased a new stake in SPDR Gold MiniShares Trust in the third quarter valued at approximately $76,000.

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $54.55 on Friday. The business has a fifty day simple moving average of $52.58 and a 200-day simple moving average of $51.31. SPDR Gold MiniShares Trust has a 52 week low of $39.35 and a 52 week high of $55.29.

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.