C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Sells 62,268 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors reduced its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 63.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 35,466 shares of the company’s stock after selling 62,268 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in SPDR Gold MiniShares Trust were worth $1,844,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Citigroup Inc. lifted its stake in SPDR Gold MiniShares Trust by 5,727,072.7% during the third quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock worth $98,524,000 after purchasing an additional 1,889,934 shares during the last quarter. Principal Financial Group Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter worth $91,357,000. Quadrature Capital Ltd acquired a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth $84,714,000. Benjamin Edwards Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 1,805.0% during the third quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock worth $74,686,000 after buying an additional 1,357,506 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of SPDR Gold MiniShares Trust by 43.2% during the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after buying an additional 973,410 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.7 %

Shares of NYSEARCA:GLDM opened at $58.12 on Wednesday. The company has a fifty day moving average of $54.02 and a 200-day moving average of $52.45. SPDR Gold MiniShares Trust has a 52-week low of $40.06 and a 52-week high of $58.18.

SPDR Gold MiniShares Trust 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.