Mills Wealth Advisors LLC Reduces Stake in SPDR Gold MiniShares Trust $GLDM

Mills Wealth Advisors LLC lowered its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 8.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 41,098 shares of the company’s stock after selling 3,609 shares during the quarter. SPDR Gold MiniShares Trust comprises 1.2% of Mills Wealth Advisors LLC’s investment portfolio, making the stock its 20th biggest holding. Mills Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,693,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. grew its stake in SPDR Gold MiniShares Trust by 12.3% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,596,294 shares of the company’s stock worth $903,365,000 after buying an additional 1,596,294 shares during the last quarter. Jane Street Group LLC purchased a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at approximately $395,321,000. Asset Management One Co. Ltd. increased its stake in SPDR Gold MiniShares Trust by 7.0% in the 1st quarter. Asset Management One Co. Ltd. now owns 4,004,390 shares of the company’s stock valued at $247,832,000 after purchasing an additional 261,613 shares in the last quarter. Principal Financial Group Inc. increased 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 valued at $168,911,000 after purchasing an additional 972,011 shares in the last quarter. Finally, LPL Financial LLC increased 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 valued at $168,078,000 after purchasing an additional 518,772 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $86.69 on Tuesday. The stock has a fifty day moving average of $73.17 and a two-hundred day moving average of $68.23. SPDR Gold MiniShares Trust has a fifty-two week low of $50.67 and a fifty-two week high of $86.75.

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.