Flagship Harbor Advisors LLC Sells 59,861 Shares of SPDR Gold MiniShares Trust $GLDM

Flagship Harbor Advisors LLC decreased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 84.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,332 shares of the company’s stock after selling 59,861 shares during the period. Flagship Harbor Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $742,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Jane Street Group LLC bought a new position in SPDR Gold MiniShares Trust in the 1st quarter worth about $395,321,000. Asset Management One Co. Ltd. boosted its stake in SPDR Gold MiniShares Trust by 1.3% in the 2nd quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock worth $265,720,000 after purchasing an additional 51,172 shares in the last quarter. Principal Financial Group Inc. boosted its stake in SPDR Gold MiniShares Trust by 55.3% in the 1st quarter. Principal Financial Group Inc. now owns 2,729,216 shares of the company’s stock worth $168,911,000 after purchasing an additional 972,011 shares in the last quarter. LPL Financial LLC boosted its stake in SPDR Gold MiniShares Trust by 23.6% in the 1st quarter. LPL Financial LLC now owns 2,715,752 shares of the company’s stock worth $168,078,000 after purchasing an additional 518,772 shares in the last quarter. Finally, 3EDGE Asset Management LP boosted its stake in SPDR Gold MiniShares Trust by 43.0% in the 2nd quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock worth $144,905,000 after purchasing an additional 664,523 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 2.0%

Shares of SPDR Gold MiniShares Trust stock opened at $79.63 on Friday. The firm’s 50-day moving average is $75.39 and its 200 day moving average is $69.24. SPDR Gold MiniShares Trust has a 1 year low of $50.67 and a 1 year high of $86.75.

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.