JNBA Financial Advisors trimmed its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 10.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,933 shares of the company’s stock after selling 10,349 shares during the quarter. JNBA Financial Advisors’ holdings in SPDR Gold MiniShares Trust were worth $5,892,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently made changes to their positions in GLDM. GAMMA Investing LLC bought a new position in shares of SPDR Gold MiniShares Trust during the first quarter worth about $1,823,000. Relyea Zuckerberg Hanson LLC increased its holdings in SPDR Gold MiniShares Trust by 50.3% in the first quarter. Relyea Zuckerberg Hanson LLC now owns 16,804 shares of the company’s stock worth $1,040,000 after purchasing an additional 5,624 shares in the last quarter. Dynamic Advisor Solutions LLC bought a new stake in SPDR Gold MiniShares Trust in the first quarter worth approximately $321,000. Janney Montgomery Scott LLC increased its holdings in SPDR Gold MiniShares Trust by 2.4% in the first quarter. Janney Montgomery Scott LLC now owns 80,466 shares of the company’s stock worth $4,980,000 after purchasing an additional 1,916 shares in the last quarter. Finally, Sowell Financial Services LLC bought a new stake in SPDR Gold MiniShares Trust in the first quarter worth approximately $306,000.
SPDR Gold MiniShares Trust Trading Up 1.0%
Shares of GLDM stock opened at $79.44 on Friday. The stock has a 50 day simple moving average of $71.15 and a two-hundred day simple moving average of $67.19. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $80.36.
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.
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