SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Sold by 3EDGE Asset Management LP

3EDGE Asset Management LP trimmed its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 49.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,935,854 shares of the company’s stock after selling 1,904,644 shares during the quarter. SPDR Gold MiniShares Trust makes up 6.2% of 3EDGE Asset Management LP’s holdings, making the stock its 5th biggest holding. 3EDGE Asset Management LP owned approximately 1.25% of SPDR Gold MiniShares Trust worth $100,645,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in GLDM. Timber Creek Capital Management LLC boosted its position in SPDR Gold MiniShares Trust by 0.9% during the 4th quarter. Timber Creek Capital Management LLC now owns 223,331 shares of the company’s stock worth $11,611,000 after buying an additional 1,937 shares during the period. Atria Wealth Solutions Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 23.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 119,071 shares of the company’s stock worth $6,191,000 after purchasing an additional 22,752 shares during the period. Truist Financial Corp lifted its holdings in shares of SPDR Gold MiniShares Trust by 0.9% during the fourth quarter. Truist Financial Corp now owns 126,562 shares of the company’s stock worth $6,580,000 after purchasing an additional 1,067 shares during the period. Retirement Income Solutions Inc grew its stake in shares of SPDR Gold MiniShares Trust by 0.3% in the fourth quarter. Retirement Income Solutions Inc now owns 133,659 shares of the company’s stock worth $6,949,000 after purchasing an additional 349 shares during the last quarter. Finally, Principal Financial Group Inc. acquired a new stake in SPDR Gold MiniShares Trust in the fourth quarter valued at $91,357,000.

SPDR Gold MiniShares Trust Stock Up 1.7 %

Shares of NYSEARCA:GLDM opened at $58.12 on Wednesday. The business has a fifty day simple moving average of $54.02 and a 200 day simple moving average of $52.45. SPDR Gold MiniShares Trust has a 12-month low of $40.06 and a 12-month high of $58.18.

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.