Sentinel Pension Advisors Inc. Has $22.50 Million Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Sentinel Pension Advisors Inc. lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 432,786 shares of the company’s stock after acquiring an additional 7,499 shares during the period. SPDR Gold MiniShares Trust accounts for about 4.2% of Sentinel Pension Advisors Inc.’s investment portfolio, making the stock its 6th largest position. Sentinel Pension Advisors Inc. owned approximately 0.28% of SPDR Gold MiniShares Trust worth $22,501,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Courier Capital LLC bought a new position in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $1,688,000. Brookstone Capital Management raised its holdings in SPDR Gold MiniShares Trust by 25.5% in the 4th quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock worth $5,149,000 after acquiring an additional 20,124 shares during the period. Baker Tilly Wealth Management LLC lifted its position in SPDR Gold MiniShares Trust by 4.3% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 52,495 shares of the company’s stock worth $2,729,000 after acquiring an additional 2,165 shares during the last quarter. Bangor Savings Bank boosted its holdings in SPDR Gold MiniShares Trust by 6.0% during the fourth quarter. Bangor Savings Bank now owns 369,359 shares of the company’s stock valued at $19,203,000 after acquiring an additional 21,056 shares during the period. Finally, Confluence Investment Management LLC grew its position in shares of SPDR Gold MiniShares Trust by 1.0% in the fourth quarter. Confluence Investment Management LLC now owns 627,966 shares of the company’s stock valued at $32,648,000 after purchasing an additional 6,010 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Down 1.8 %

Shares of SPDR Gold MiniShares Trust stock traded down $0.97 during trading on Monday, reaching $52.73. The company’s stock had a trading volume of 2,599,075 shares, compared to its average volume of 2,586,000. SPDR Gold MiniShares Trust has a one year low of $39.35 and a one year high of $55.29. The business’s fifty day moving average price is $52.38 and its 200-day moving average price is $50.92.

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.