Focus Partners Wealth Decreases Stock Position in SPDR Gold MiniShares Trust $GLDM

Focus Partners Wealth decreased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 71,720 shares of the company’s stock after selling 4,637 shares during the quarter. Focus Partners Wealth’s holdings in SPDR Gold MiniShares Trust were worth $4,439,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in GLDM. Studio Investment Management LLC purchased a new position in SPDR Gold MiniShares Trust during the fourth quarter worth approximately $36,000. Waverly Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 4.5% in the fourth quarter. Waverly Advisors LLC now owns 6,329 shares of the company’s stock valued at $329,000 after purchasing an additional 273 shares during the period. Focus Partners Advisor Solutions LLC boosted its holdings in SPDR Gold MiniShares Trust by 9.7% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 17,079 shares of the company’s stock valued at $888,000 after purchasing an additional 1,512 shares during the period. Nepc LLC boosted its holdings in SPDR Gold MiniShares Trust by 27.3% in the fourth quarter. Nepc LLC now owns 729,530 shares of the company’s stock valued at $37,928,000 after purchasing an additional 156,460 shares during the period. Finally, WCG Wealth Advisors LLC lifted its holdings in SPDR Gold MiniShares Trust by 29.4% during the 4th quarter. WCG Wealth Advisors LLC now owns 16,541 shares of the company’s stock worth $860,000 after buying an additional 3,759 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.2%

Shares of NYSEARCA GLDM opened at $72.16 on Monday. SPDR Gold MiniShares Trust has a 1 year low of $50.48 and a 1 year high of $72.76. The business has a 50-day moving average of $67.37 and a two-hundred day moving average of $64.94.

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.