SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT lowered its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 49.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 65,699 shares of the company’s stock after selling 64,407 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in SPDR Gold MiniShares Trust were worth $3,416,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in GLDM. Creative Planning raised its position in shares of SPDR Gold MiniShares Trust by 6.1% during the 2nd quarter. Creative Planning now owns 42,039 shares of the company’s stock valued at $1,938,000 after acquiring an additional 2,400 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in SPDR Gold MiniShares Trust by 10.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 13,863 shares of the company’s stock worth $639,000 after buying an additional 1,314 shares in the last quarter. Truist Financial Corp raised its stake in shares of SPDR Gold MiniShares Trust by 37.4% during the second quarter. Truist Financial Corp now owns 111,462 shares of the company’s stock valued at $5,137,000 after purchasing an additional 30,319 shares in the last quarter. Myecfo LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 18.1% in the 3rd quarter. Myecfo LLC now owns 15,205 shares of the company’s stock worth $793,000 after acquiring an additional 2,330 shares during the period. Finally, Bangor Savings Bank increased its position in shares of SPDR Gold MiniShares Trust by 60.9% during the 3rd quarter. Bangor Savings Bank now owns 348,303 shares of the company’s stock valued at $18,157,000 after purchasing an additional 131,784 shares during the period.

SPDR Gold MiniShares Trust Price Performance

GLDM opened at $55.81 on Tuesday. The stock’s fifty day moving average is $52.97 and its 200-day moving average is $51.72. SPDR Gold MiniShares Trust has a one year low of $39.35 and a one year high of $56.08.

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.