Alliance Wealth Advisors LLC UT Has $3.42 Million Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Alliance Wealth Advisors LLC UT lessened its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 49.5% in the 4th quarter, HoldingsChannel reports. The fund owned 65,699 shares of the company’s stock after selling 64,407 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in SPDR Gold MiniShares Trust were worth $3,416,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of GLDM. First Community Trust NA acquired a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at $43,000. Barrett & Company Inc. acquired a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth approximately $53,000. First Horizon Advisors Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at approximately $65,000. Glass Jacobson Investment Advisors llc bought a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth $74,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth $76,000.

SPDR Gold MiniShares Trust Trading Up 0.6 %

GLDM stock opened at $55.81 on Tuesday. The stock has a 50-day moving average price of $52.97 and a two-hundred day moving average price of $51.72. SPDR Gold MiniShares Trust has a 1 year low of $39.35 and a 1 year high of $56.08.

About SPDR Gold MiniShares Trust

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.