Keudell Morrison Wealth Management Sells 203,079 Shares of SPDR Gold MiniShares Trust $GLDM

Keudell Morrison Wealth Management lowered its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 78.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,173 shares of the company’s stock after selling 203,079 shares during the period. SPDR Gold MiniShares Trust accounts for approximately 0.8% of Keudell Morrison Wealth Management’s investment portfolio, making the stock its 24th biggest holding. Keudell Morrison Wealth Management’s holdings in SPDR Gold MiniShares Trust were worth $3,615,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Northwest Capital Management Inc increased its stake in shares of SPDR Gold MiniShares Trust by 20.2% during the first quarter. Northwest Capital Management Inc now owns 1,022 shares of the company’s stock worth $63,000 after purchasing an additional 172 shares during the period. Financial Management Professionals Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 41.7% during the second quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock worth $39,000 after purchasing an additional 175 shares during the period. Legacy Capital Wealth Partners LLC increased its stake in shares of SPDR Gold MiniShares Trust by 0.6% during the first quarter. Legacy Capital Wealth Partners LLC now owns 32,769 shares of the company’s stock worth $2,028,000 after purchasing an additional 201 shares during the period. CWM LLC increased its stake in shares of SPDR Gold MiniShares Trust by 11.1% during the first quarter. CWM LLC now owns 2,120 shares of the company’s stock worth $131,000 after purchasing an additional 212 shares during the period. Finally, LexAurum Advisors LLC increased its stake in shares of SPDR Gold MiniShares Trust by 4.6% during the second quarter. LexAurum Advisors LLC now owns 4,996 shares of the company’s stock worth $327,000 after purchasing an additional 219 shares during the period.

SPDR Gold MiniShares Trust Trading Up 0.8%

Shares of NYSEARCA GLDM opened at $76.92 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $50.67 and a 1-year high of $77.13. The business’s 50 day moving average is $69.80 and its 200-day moving average is $66.58.

SPDR Gold MiniShares Trust Company 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.