Weil Company Inc. Decreases Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Weil Company Inc. cut its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,055 shares of the company’s stock after selling 398 shares during the period. Weil Company Inc.’s holdings in SPDR Gold MiniShares Trust were worth $575,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Continuum Wealth Advisors LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 5.6% during the 4th quarter. Continuum Wealth Advisors LLC now owns 136,234 shares of the company’s stock valued at $7,083,000 after acquiring an additional 7,241 shares during the last quarter. Genesis Wealth Advisors LLC bought a new position in SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $3,796,000. Cabot Wealth Management Inc. boosted its holdings in SPDR Gold MiniShares Trust by 6.0% in the fourth quarter. Cabot Wealth Management Inc. now owns 66,263 shares of the company’s stock worth $3,445,000 after purchasing an additional 3,776 shares during the last quarter. MONECO Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 702.7% in the fourth quarter. MONECO Advisors LLC now owns 43,788 shares of the company’s stock worth $2,277,000 after purchasing an additional 38,333 shares during the last quarter. Finally, Theory Financial LLC bought a new stake in SPDR Gold MiniShares Trust in the 4th quarter worth approximately $491,000.

SPDR Gold MiniShares Trust Price Performance

NYSEARCA GLDM opened at $57.69 on Wednesday. SPDR Gold MiniShares Trust has a 1-year low of $40.16 and a 1-year high of $58.47. The business’s fifty day moving average price is $54.55 and its 200-day moving average price is $52.82.

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.