Portside Wealth Group LLC Sells 3,341 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Portside Wealth Group LLC reduced its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.8% in the third quarter, HoldingsChannel reports. The firm owned 84,053 shares of the company’s stock after selling 3,341 shares during the period. Portside Wealth Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,382,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Walkner Condon Financial Advisors LLC increased its holdings in SPDR Gold MiniShares Trust by 10.8% in the third quarter. Walkner Condon Financial Advisors LLC now owns 85,198 shares of the company’s stock worth $4,441,000 after purchasing an additional 8,311 shares in the last quarter. Advisor Resource Council acquired a new stake in SPDR Gold MiniShares Trust in the third quarter valued at approximately $690,000. Global Wealth Management Investment Advisory Inc. grew its stake in SPDR Gold MiniShares Trust by 14.4% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 39,122 shares of the company’s stock valued at $2,039,000 after acquiring an additional 4,922 shares during the period. PDS Planning Inc grew its stake in SPDR Gold MiniShares Trust by 132.9% in the third quarter. PDS Planning Inc now owns 26,033 shares of the company’s stock valued at $1,357,000 after acquiring an additional 14,855 shares during the period. Finally, Asset Management One Co. Ltd. grew its stake in SPDR Gold MiniShares Trust by 28.1% in the third quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after acquiring an additional 880,693 shares during the period.

SPDR Gold MiniShares Trust Price Performance

Shares of SPDR Gold MiniShares Trust stock opened at $53.57 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $38.32 and a 52 week high of $55.29. The stock has a 50 day moving average price of $52.30 and a two-hundred day moving average price of $48.96.

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.