Bank of Marin Sells 1,039 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Bank of Marin trimmed its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 9.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,434 shares of the company’s stock after selling 1,039 shares during the period. Bank of Marin’s holdings in SPDR Gold MiniShares Trust were worth $542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Community Trust NA bought a new position in SPDR Gold MiniShares Trust during the 4th quarter worth about $43,000. First Horizon Advisors Inc. bought a new position in SPDR Gold MiniShares Trust during the 3rd quarter worth about $65,000. Glass Jacobson Investment Advisors llc purchased a new stake in shares of SPDR Gold MiniShares Trust during the third quarter valued at about $74,000. Stonebridge Financial Group LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter valued at about $89,000. Finally, Rosenberg Matthew Hamilton purchased a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter valued at about $106,000.

SPDR Gold MiniShares Trust Price Performance

GLDM stock opened at $60.17 on Wednesday. The firm has a 50-day simple moving average of $56.37 and a two-hundred day simple moving average of $53.72. SPDR Gold MiniShares Trust has a one year low of $42.61 and a one year high of $60.19.

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.