SPDR Gold MiniShares Trust $GLDM Position Trimmed by Stapp Wealth Management Pllc

Stapp Wealth Management Pllc trimmed its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 15.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 88,390 shares of the company’s stock after selling 16,334 shares during the quarter. SPDR Gold MiniShares Trust accounts for 8.3% of Stapp Wealth Management Pllc’s portfolio, making the stock its 5th largest position. Stapp Wealth Management Pllc’s holdings in SPDR Gold MiniShares Trust were worth $5,791,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in SPDR Gold MiniShares Trust in the 1st quarter worth approximately $395,321,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of SPDR Gold MiniShares Trust by 12.3% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,596,294 shares of the company’s stock worth $903,365,000 after acquiring an additional 1,596,294 shares in the last quarter. Mizuho Bank Ltd. acquired a new stake in SPDR Gold MiniShares Trust during the first quarter valued at $68,079,000. Charles Schwab Investment Management Inc. purchased a new position in SPDR Gold MiniShares Trust in the first quarter valued at about $65,351,000. Finally, Principal Financial Group Inc. grew its stake in SPDR Gold MiniShares Trust by 55.3% in the first quarter. Principal Financial Group Inc. now owns 2,729,216 shares of the company’s stock valued at $168,911,000 after purchasing an additional 972,011 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Up 1.0%

GLDM opened at $72.95 on Monday. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $73.40. The business has a 50-day moving average of $68.05 and a 200-day moving average of $65.47.

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.