Accretive Wealth Partners LLC Has $5.53 Million Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Accretive Wealth Partners LLC cut its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 106,279 shares of the company’s stock after selling 2,173 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 2.3% of Accretive Wealth Partners LLC’s portfolio, making the stock its 7th biggest holding. Accretive Wealth Partners LLC’s holdings in SPDR Gold MiniShares Trust were worth $5,525,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cassaday & Co Wealth Management LLC lifted its position in shares of SPDR Gold MiniShares Trust by 3.4% in the third quarter. Cassaday & Co Wealth Management LLC now owns 5,637,993 shares of the company’s stock valued at $293,909,000 after buying an additional 182,816 shares during the last quarter. Asset Management One Co. Ltd. lifted its position in shares of SPDR Gold MiniShares Trust by 28.1% in the third quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after buying an additional 880,693 shares during the last quarter. State Street Corp lifted its position in shares of SPDR Gold MiniShares Trust by 43.2% in the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock valued at $168,221,000 after buying an additional 973,410 shares during the last quarter. Stifel Financial Corp lifted its position in shares of SPDR Gold MiniShares Trust by 2.2% in the third quarter. Stifel Financial Corp now owns 2,141,060 shares of the company’s stock valued at $111,613,000 after buying an additional 46,759 shares during the last quarter. Finally, Citigroup Inc. lifted its position in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the third quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after buying an additional 1,889,934 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Down 1.5 %

GLDM opened at $57.17 on Friday. The business has a 50 day moving average of $53.84 and a 200-day moving average of $52.26. SPDR Gold MiniShares Trust has a 12-month low of $39.57 and a 12-month high of $58.03.

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.