SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Sold by Joseph Group Capital Management

Joseph Group Capital Management decreased its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 0.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 314,735 shares of the company’s stock after selling 1,110 shares during the quarter. SPDR Gold MiniShares Trust comprises approximately 6.3% of Joseph Group Capital Management’s holdings, making the stock its 4th largest position. Joseph Group Capital Management’s holdings in SPDR Gold MiniShares Trust were worth $16,407,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of GLDM. Cassaday & Co Wealth Management LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at approximately $251,429,000. Asset Management One Co. Ltd. boosted its holdings in SPDR Gold MiniShares Trust by 28.1% in the third quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after acquiring an additional 880,693 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Gold MiniShares Trust during the second quarter worth approximately $31,681,000. Sentinel Pension Advisors Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at $17,945,000. Finally, Nisa Investment Advisors LLC bought a new position in SPDR Gold MiniShares Trust during the second quarter worth about $15,542,000.

SPDR Gold MiniShares Trust Stock Performance

GLDM opened at $51.72 on Tuesday. The company has a fifty day simple moving average of $52.58 and a 200 day simple moving average of $49.28. SPDR Gold MiniShares Trust has a 12 month low of $38.99 and a 12 month 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.