Benjamin F. Edwards & Company Inc. Sells 84,140 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Benjamin F. Edwards & Company Inc. lessened its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,301,675 shares of the company’s stock after selling 84,140 shares during the quarter. SPDR Gold MiniShares Trust makes up 1.1% of Benjamin F. Edwards & Company Inc.’s portfolio, making the stock its 11th biggest position. Benjamin F. Edwards & Company Inc. owned 0.84% of SPDR Gold MiniShares Trust worth $59,994,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GLDM. Cassaday & Co Wealth Management LLC bought a new position in SPDR Gold MiniShares Trust in the second quarter worth $251,429,000. Alaska Permanent Fund Corp raised its holdings in SPDR Gold MiniShares Trust by 1,917.7% in the first quarter. Alaska Permanent Fund Corp now owns 2,623,000 shares of the company’s stock worth $115,543,000 after purchasing an additional 2,493,000 shares in the last quarter. Evoke Wealth LLC raised its holdings in SPDR Gold MiniShares Trust by 17.0% in the fourth quarter. Evoke Wealth LLC now owns 6,355,875 shares of the company’s stock worth $260,019,000 after purchasing an additional 922,508 shares in the last quarter. Van ECK Associates Corp raised its holdings in SPDR Gold MiniShares Trust by 10,912.7% in the first quarter. Van ECK Associates Corp now owns 659,993 shares of the company’s stock worth $29,073,000 after purchasing an additional 654,000 shares in the last quarter. Finally, Confluence Investment Management LLC bought a new position in SPDR Gold MiniShares Trust in the first quarter worth $27,117,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA:GLDM opened at $51.29 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $35.99 and a 1-year high of $51.53. The business has a fifty day moving average price of $48.93 and a 200-day moving average price of $46.80.

SPDR Gold MiniShares Trust 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.