WestEnd Advisors LLC Sells 215 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

WestEnd Advisors LLC lessened its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 4.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,502 shares of the company’s stock after selling 215 shares during the quarter. WestEnd Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $234,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Peak Financial Advisors LLC increased its holdings in SPDR Gold MiniShares Trust by 1.8% during the 3rd quarter. Peak Financial Advisors LLC now owns 226,582 shares of the company’s stock worth $11,812,000 after acquiring an additional 3,957 shares during the period. Exchange Traded Concepts LLC grew its position in shares of SPDR Gold MiniShares Trust by 7.2% during the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock valued at $163,000 after purchasing an additional 210 shares in the last quarter. Bright Financial Advisors Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 8.5% in the third quarter. Bright Financial Advisors Inc. now owns 64,687 shares of the company’s stock worth $3,372,000 after purchasing an additional 5,066 shares during the period. Redhawk Wealth Advisors Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust in the third quarter worth $225,000. Finally, Paladin Wealth LLC bought a new stake in SPDR Gold MiniShares Trust during the third quarter valued at $879,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $56.69 on Friday. The stock’s 50-day simple moving average is $53.31 and its two-hundred day simple moving average is $51.94. SPDR Gold MiniShares Trust has a twelve month low of $39.35 and a twelve month high of $57.19.

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.