Mather Group LLC. Trims Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Mather Group LLC. lowered its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 50.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,194 shares of the company’s stock after selling 7,340 shares during the quarter. Mather Group LLC.’s holdings in SPDR Gold MiniShares Trust were worth $375,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. MONECO Advisors LLC purchased a new position in SPDR Gold MiniShares Trust during the second quarter worth about $242,000. Raymond James Financial Services Advisors Inc. raised its position in SPDR Gold MiniShares Trust by 1.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 407,243 shares of the company’s stock valued at $18,770,000 after purchasing an additional 7,671 shares during the period. Myecfo LLC lifted its stake in SPDR Gold MiniShares Trust by 33.6% during the first quarter. Myecfo LLC now owns 12,925 shares of the company’s stock worth $569,000 after purchasing an additional 3,250 shares in the last quarter. US Bancorp DE boosted its position in shares of SPDR Gold MiniShares Trust by 33.2% during the first quarter. US Bancorp DE now owns 33,334 shares of the company’s stock worth $1,468,000 after buying an additional 8,317 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of SPDR Gold MiniShares Trust by 14.9% in the second quarter. SG Americas Securities LLC now owns 20,148 shares of the company’s stock valued at $929,000 after buying an additional 2,618 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

GLDM opened at $52.09 on Friday. SPDR Gold MiniShares Trust has a 12-month low of $37.06 and a 12-month high of $53.05. The stock’s 50-day moving average price is $50.35 and its 200 day moving average price is $47.83.

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.