Bank of New York Mellon Corp Sells 60,496 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Bank of New York Mellon Corp trimmed its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,037,478 shares of the company’s stock after selling 60,496 shares during the period. Bank of New York Mellon Corp owned about 0.67% of SPDR Gold MiniShares Trust worth $53,938,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management grew its holdings in SPDR Gold MiniShares Trust by 25.5% during the 4th quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock valued at $5,149,000 after purchasing an additional 20,124 shares during the last quarter. FMR LLC boosted its position in SPDR Gold MiniShares Trust by 50.2% in the 3rd quarter. FMR LLC now owns 7,425 shares of the company’s stock valued at $387,000 after buying an additional 2,480 shares during the period. Allworth Financial LP boosted its position in SPDR Gold MiniShares Trust by 8.9% in the 4th quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock valued at $144,000 after buying an additional 216 shares during the period. Theory Financial LLC purchased a new stake in SPDR Gold MiniShares Trust in the 4th quarter valued at about $491,000. Finally, Lodestar Private Asset Management LLC boosted its position in SPDR Gold MiniShares Trust by 5.6% in the 4th quarter. Lodestar Private Asset Management LLC now owns 77,733 shares of the company’s stock valued at $4,041,000 after buying an additional 4,097 shares during the period.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $57.90 on Thursday. SPDR Gold MiniShares Trust has a 1 year low of $42.28 and a 1 year high of $58.47. The firm has a 50-day moving average of $55.11 and a two-hundred day moving average of $53.11.

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.