SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Stake Lessened by JNBA Financial Advisors

JNBA Financial Advisors decreased its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 26.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,769 shares of the company’s stock after selling 46,085 shares during the quarter. JNBA Financial Advisors’ holdings in SPDR Gold MiniShares Trust were worth $6,556,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the second quarter worth approximately $251,429,000. Asset Management One Co. Ltd. boosted its stake in shares of SPDR Gold MiniShares Trust by 28.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after buying an additional 880,693 shares during the period. Tidal Investments LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 1.9% during the 1st quarter. Tidal Investments LLC now owns 1,860,526 shares of the company’s stock valued at $81,956,000 after acquiring an additional 34,857 shares in the last quarter. LPL Financial LLC increased its stake in shares of SPDR Gold MiniShares Trust by 1.3% in the second quarter. LPL Financial LLC now owns 1,536,001 shares of the company’s stock worth $70,794,000 after acquiring an additional 20,288 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of SPDR Gold MiniShares Trust by 10.9% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,165,360 shares of the company’s stock worth $60,750,000 after acquiring an additional 114,200 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Down 2.5 %

Shares of GLDM traded down $1.37 during midday trading on Wednesday, reaching $52.99. 2,540,123 shares of the stock were exchanged, compared to its average volume of 3,615,392. The firm has a 50 day simple moving average of $52.17 and a 200-day simple moving average of $48.90. SPDR Gold MiniShares Trust has a 12-month low of $38.32 and a 12-month high of $55.29.

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.