Kendall Capital Management Sells 2,485 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Kendall Capital Management lessened its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 11.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,385 shares of the company’s stock after selling 2,485 shares during the quarter. Kendall Capital Management’s holdings in SPDR Gold MiniShares Trust were worth $893,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $28,000. Family Firm Inc. bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $32,000. Rothschild Investment LLC bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $38,000. Northwest Capital Management Inc bought a new position in shares of SPDR Gold MiniShares Trust during the first quarter valued at approximately $37,000. Finally, Palisade Asset Management LLC bought a new position in shares of SPDR Gold MiniShares Trust during the first quarter valued at approximately $50,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of SPDR Gold MiniShares Trust stock opened at $50.51 on Thursday. The business has a 50 day moving average of $48.86 and a 200 day moving average of $46.78. SPDR Gold MiniShares Trust has a 52 week low of $35.99 and a 52 week high of $51.53.

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.