Baker Tilly Wealth Management LLC Cuts Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Baker Tilly Wealth Management LLC lessened its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,330 shares of the company’s stock after selling 1,960 shares during the quarter. SPDR Gold MiniShares Trust accounts for approximately 1.2% of Baker Tilly Wealth Management LLC’s portfolio, making the stock its 16th largest holding. Baker Tilly Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,624,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC purchased a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $251,429,000. The Manufacturers Life Insurance Company bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at about $31,681,000. Van ECK Associates Corp increased its holdings in shares of SPDR Gold MiniShares Trust by 10,912.7% in the first quarter. Van ECK Associates Corp now owns 659,993 shares of the company’s stock worth $29,073,000 after buying an additional 654,000 shares during the period. Sentinel Pension Advisors Inc. bought a new stake in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at about $17,945,000. Finally, Sei Investments Co. boosted its holdings in SPDR Gold MiniShares Trust by 173.7% during the 1st quarter. Sei Investments Co. now owns 570,572 shares of the company’s stock valued at $25,134,000 after acquiring an additional 362,121 shares during the period.

SPDR Gold MiniShares Trust Trading Down 0.4 %

NYSEARCA:GLDM opened at $54.13 on Monday. The company has a fifty day moving average of $51.50 and a 200 day moving average of $48.54. SPDR Gold MiniShares Trust has a 52 week low of $38.32 and a 52 week high of $54.47.

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.