Gradient Capital Advisors LLC Sells 1,257 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Gradient Capital Advisors LLC reduced its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,702 shares of the company’s stock after selling 1,257 shares during the period. Gradient Capital Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,648,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. CENTRAL TRUST Co grew its stake in shares of SPDR Gold MiniShares Trust by 1.3% during the 3rd quarter. CENTRAL TRUST Co now owns 14,935 shares of the company’s stock worth $779,000 after acquiring an additional 197 shares in the last quarter. MONECO Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 4.0% during the third quarter. MONECO Advisors LLC now owns 5,455 shares of the company’s stock worth $284,000 after purchasing an additional 208 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in SPDR Gold MiniShares Trust by 7.2% during the third quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after purchasing an additional 210 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its position in SPDR Gold MiniShares Trust by 5.4% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 4,550 shares of the company’s stock valued at $237,000 after purchasing an additional 232 shares in the last quarter. Finally, Independent Advisor Alliance increased its stake in SPDR Gold MiniShares Trust by 2.5% in the 3rd quarter. Independent Advisor Alliance now owns 9,931 shares of the company’s stock valued at $518,000 after buying an additional 244 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA:GLDM opened at $57.41 on Wednesday. The company’s 50-day moving average price is $53.52 and its two-hundred day moving average price is $52.12. SPDR Gold MiniShares Trust has a one year low of $39.35 and a one year high of $57.69.

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.