Smith Anglin Financial LLC Lowers Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Smith Anglin Financial LLC reduced its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 17.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,480 shares of the company’s stock after selling 1,623 shares during the period. Smith Anglin Financial LLC’s holdings in SPDR Gold MiniShares Trust were worth $389,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of GLDM. Envestnet Asset Management Inc. lifted its position in SPDR Gold MiniShares Trust by 18.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 786,355 shares of the company’s stock valued at $36,243,000 after acquiring an additional 120,850 shares during the period. Capstone Wealth Management Group LLC raised its holdings in SPDR Gold MiniShares Trust by 1.9% in the second quarter. Capstone Wealth Management Group LLC now owns 58,632 shares of the company’s stock worth $2,702,000 after buying an additional 1,094 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in SPDR Gold MiniShares Trust by 64.5% in the second quarter. Axxcess Wealth Management LLC now owns 10,444 shares of the company’s stock worth $481,000 after buying an additional 4,094 shares during the last quarter. Purus Wealth Management LLC raised its holdings in SPDR Gold MiniShares Trust by 1.6% in the second quarter. Purus Wealth Management LLC now owns 84,505 shares of the company’s stock worth $3,895,000 after buying an additional 1,294 shares during the last quarter. Finally, WCG Wealth Advisors LLC raised its holdings in SPDR Gold MiniShares Trust by 9.4% in the second quarter. WCG Wealth Advisors LLC now owns 12,096 shares of the company’s stock worth $558,000 after buying an additional 1,036 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.3 %

Shares of SPDR Gold MiniShares Trust stock opened at $53.18 on Wednesday. SPDR Gold MiniShares Trust has a 52-week low of $39.35 and a 52-week high of $55.29. The company has a 50-day simple moving average of $52.32 and a two-hundred day simple moving average of $51.02.

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.