International Private Wealth Advisors LLC Has $305,000 Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

International Private Wealth Advisors LLC trimmed its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 33.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,844 shares of the company’s stock after selling 2,904 shares during the quarter. International Private Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $305,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CENTRAL TRUST Co grew its position in SPDR Gold MiniShares Trust by 1.3% in the 3rd quarter. CENTRAL TRUST Co now owns 14,935 shares of the company’s stock valued at $779,000 after purchasing an additional 197 shares during the period. MONECO Advisors LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 4.0% during the third quarter. MONECO Advisors LLC now owns 5,455 shares of the company’s stock valued at $284,000 after buying an additional 208 shares during the last quarter. Exchange Traded Concepts LLC increased its position in shares of SPDR Gold MiniShares Trust by 7.2% during the third quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after acquiring an additional 210 shares in the last quarter. Patten Group Inc. raised its holdings in shares of SPDR Gold MiniShares Trust by 2.7% in the 3rd quarter. Patten Group Inc. now owns 8,195 shares of the company’s stock worth $427,000 after acquiring an additional 212 shares during the last quarter. Finally, Laidlaw Wealth Management LLC lifted its position in SPDR Gold MiniShares Trust by 3.5% in the 2nd quarter. Laidlaw Wealth Management LLC now owns 10,012 shares of the company’s stock valued at $461,000 after acquiring an additional 338 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

GLDM stock traded down $0.15 during mid-day trading on Thursday, reaching $50.85. 983,004 shares of the company traded hands, compared to its average volume of 3,644,040. The firm’s 50 day moving average price is $52.50 and its 200 day moving average price is $49.14. SPDR Gold MiniShares Trust has a fifty-two week low of $38.79 and a fifty-two week high of $55.29.

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.