SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT trimmed its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 36.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,185 shares of the company’s stock after selling 16,410 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in SPDR Gold MiniShares Trust were worth $1,153,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GLDM. Signet Financial Management LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at $238,000. Managed Asset Portfolios LLC increased its position in SPDR Gold MiniShares Trust by 15.4% during the third quarter. Managed Asset Portfolios LLC now owns 84,852 shares of the company’s stock worth $3,111,000 after acquiring an additional 11,352 shares during the period. Independent Advisor Alliance increased its holdings in SPDR Gold MiniShares Trust by 5.3% in the 3rd quarter. Independent Advisor Alliance now owns 8,683 shares of the company’s stock valued at $318,000 after buying an additional 439 shares during the period. Great Valley Advisor Group Inc. increased its holdings in SPDR Gold MiniShares Trust by 38.4% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 102,837 shares of the company’s stock valued at $3,770,000 after buying an additional 28,509 shares during the period. Finally, Patten Group Inc. bought a new stake in SPDR Gold MiniShares Trust in the 4th quarter valued at $228,000.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM traded up $0.13 on Friday, hitting $46.38. The company’s stock had a trading volume of 4,424,413 shares, compared to its average volume of 3,764,608. The firm’s fifty day moving average price is $43.68 and its 200-day moving average price is $41.12. SPDR Gold MiniShares Trust has a fifty-two week low of $35.99 and a fifty-two week high of $48.21.

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.