Wealth Advisory Solutions LLC Reduces Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Wealth Advisory Solutions LLC lessened its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 136,027 shares of the company’s stock after selling 4,718 shares during the period. SPDR Gold MiniShares Trust accounts for about 2.0% of Wealth Advisory Solutions LLC’s portfolio, making the stock its 12th biggest position. Wealth Advisory Solutions LLC’s holdings in SPDR Gold MiniShares Trust were worth $7,072,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC increased its stake in shares of SPDR Gold MiniShares Trust by 1.9% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock worth $298,653,000 after acquiring an additional 106,433 shares during the period. State Street Corp boosted its holdings in SPDR Gold MiniShares Trust by 43.2% in the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after purchasing an additional 973,410 shares during the last quarter. Stifel Financial Corp boosted its holdings in SPDR Gold MiniShares Trust by 2.2% in the third quarter. Stifel Financial Corp now owns 2,141,060 shares of the company’s stock valued at $111,613,000 after purchasing an additional 46,759 shares during the last quarter. Citigroup Inc. grew its position in SPDR Gold MiniShares Trust by 5,727,072.7% during the 3rd 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 period. Finally, LPL Financial LLC raised its stake in shares of SPDR Gold MiniShares Trust by 15.5% during the 3rd quarter. LPL Financial LLC now owns 1,774,767 shares of the company’s stock valued at $92,519,000 after buying an additional 238,766 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $57.79 on Wednesday. SPDR Gold MiniShares Trust has a 52 week low of $42.11 and a 52 week high of $58.47. The stock’s 50-day moving average price is $54.99 and its 200-day moving average price is $53.06.

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.