Matrix Trust Co Lowers Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Matrix Trust Co cut its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 8.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,739 shares of the company’s stock after selling 258 shares during the quarter. Matrix Trust Co’s holdings in SPDR Gold MiniShares Trust were worth $112,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Total Investment Management Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 1.5% during the fourth quarter. Total Investment Management Inc. now owns 20,191 shares of the company’s stock valued at $826,000 after purchasing an additional 292 shares during the last quarter. WestEnd Advisors LLC raised its holdings in SPDR Gold MiniShares Trust by 4.7% in the 4th quarter. WestEnd Advisors LLC now owns 7,546 shares of the company’s stock worth $309,000 after acquiring an additional 340 shares during the last quarter. RFP Financial Group LLC raised its holdings in SPDR Gold MiniShares Trust by 30.3% in the 3rd quarter. RFP Financial Group LLC now owns 1,583 shares of the company’s stock worth $58,000 after acquiring an additional 368 shares during the last quarter. Robinson Value Management Ltd. raised its holdings in SPDR Gold MiniShares Trust by 1.7% in the 3rd quarter. Robinson Value Management Ltd. now owns 22,122 shares of the company’s stock worth $811,000 after acquiring an additional 372 shares during the last quarter. Finally, Independent Advisor Alliance raised its holdings in SPDR Gold MiniShares Trust by 5.3% in the 3rd quarter. Independent Advisor Alliance now owns 8,683 shares of the company’s stock worth $318,000 after acquiring an additional 439 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

NYSEARCA GLDM traded up $0.13 during mid-day trading on Friday, reaching $46.38. The stock had a trading volume of 4,424,413 shares, compared to its average volume of 3,764,608. SPDR Gold MiniShares Trust has a 1 year low of $35.99 and a 1 year high of $48.21. The company has a fifty day moving average price of $43.81 and a 200 day moving average price of $41.19.

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.