McNaughton Wealth Management LLC Has $3.96 Million Holdings in SPDR Gold MiniShares Trust $GLDM

McNaughton Wealth Management LLC grew its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 40.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,857 shares of the company’s stock after acquiring an additional 14,839 shares during the period. SPDR Gold MiniShares Trust accounts for about 1.7% of McNaughton Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position. McNaughton Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,964,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Jane Street Group LLC bought a new position in SPDR Gold MiniShares Trust in the 1st quarter worth approximately $395,321,000. Empower Advisory Group LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $336,022,000. Asset Management One Co. Ltd. raised its position in shares of SPDR Gold MiniShares Trust by 1.3% during the second quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock worth $265,720,000 after acquiring an additional 51,172 shares during the last quarter. State Street Corp lifted its stake in shares of SPDR Gold MiniShares Trust by 0.3% during the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after acquiring an additional 8,380 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in SPDR Gold MiniShares Trust by 10.4% in the second quarter. Ameriprise Financial Inc. now owns 2,429,541 shares of the company’s stock valued at $159,121,000 after acquiring an additional 229,479 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA:GLDM opened at $85.92 on Thursday. SPDR Gold MiniShares Trust has a 1-year low of $51.24 and a 1-year high of $86.75. The business has a 50-day moving average price of $81.83 and a two-hundred day moving average price of $73.24.

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.