SPDR Gold MiniShares Trust $GLDM Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC cut its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 8.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 73,375 shares of the company’s stock after selling 7,091 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,808,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLDM. ORG Partners LLC acquired a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth about $28,000. PSI Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 102.6% in the first quarter. PSI Advisors LLC now owns 472 shares of the company’s stock valued at $29,000 after purchasing an additional 239 shares during the last quarter. GAMMA Investing LLC purchased a new stake in SPDR Gold MiniShares Trust in the first quarter valued at $29,000. Asset Planning Inc purchased a new stake in SPDR Gold MiniShares Trust in the first quarter valued at $29,000. Finally, Beacon Capital Management LLC purchased a new stake in SPDR Gold MiniShares Trust in the second quarter valued at $38,000.

SPDR Gold MiniShares Trust Price Performance

GLDM stock opened at $78.82 on Wednesday. The company’s 50-day simple moving average is $70.31 and its 200-day simple moving average is $66.83. SPDR Gold MiniShares Trust has a 52-week low of $50.67 and a 52-week high of $79.02.

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.