SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC decreased its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) by 45.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 850 shares of the company’s stock after selling 720 shares during the quarter. Parallel Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $35,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLDM. Charles Schwab Investment Management Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth approximately $78,793,000. Sei Investments Co. grew its stake in SPDR Gold MiniShares Trust by 657.4% in the 3rd quarter. Sei Investments Co. now owns 1,707,015 shares of the company’s stock valued at $62,588,000 after acquiring an additional 1,481,629 shares during the period. HighTower Advisors LLC acquired a new stake in SPDR Gold MiniShares Trust in the 3rd quarter valued at $37,555,000. Gradient Investments LLC grew its stake in SPDR Gold MiniShares Trust by 178.8% in the 4th quarter. Gradient Investments LLC now owns 1,389,608 shares of the company’s stock valued at $56,849,000 after acquiring an additional 891,187 shares during the period. Finally, Great Valley Advisor Group Inc. grew its stake in SPDR Gold MiniShares Trust by 524.6% in the 4th quarter. Great Valley Advisor Group Inc. now owns 642,340 shares of the company’s stock valued at $26,279,000 after acquiring an additional 539,503 shares during the period.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $45.36 on Friday. The company’s fifty day moving average price is $46.42 and its 200 day moving average price is $42.78. SPDR Gold MiniShares Trust has a 1 year low of $35.99 and a 1 year high of $48.33.

SPDR Gold MiniShares Trust Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

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