WestEnd Advisors LLC Trims Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

WestEnd Advisors LLC lessened its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,502 shares of the company’s stock after selling 215 shares during the quarter. WestEnd Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Capital Management Associates Inc lifted its holdings in shares of SPDR Gold MiniShares Trust by 49.0% during the fourth quarter. Capital Management Associates Inc now owns 14,275 shares of the company’s stock valued at $742,000 after purchasing an additional 4,696 shares during the last quarter. Bright Financial Advisors Inc. increased its position in SPDR Gold MiniShares Trust by 5.7% during the 4th quarter. Bright Financial Advisors Inc. now owns 68,393 shares of the company’s stock valued at $3,556,000 after buying an additional 3,706 shares in the last quarter. Lodestar Private Asset Management LLC increased its position in SPDR Gold MiniShares Trust by 5.6% during the 4th quarter. Lodestar Private Asset Management LLC now owns 77,733 shares of the company’s stock valued at $4,041,000 after buying an additional 4,097 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in SPDR Gold MiniShares Trust by 11.4% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,298,460 shares of the company’s stock valued at $67,507,000 after buying an additional 133,100 shares during the last quarter. Finally, Leo Wealth LLC boosted its holdings in SPDR Gold MiniShares Trust by 11.8% in the fourth quarter. Leo Wealth LLC now owns 34,720 shares of the company’s stock worth $1,805,000 after acquiring an additional 3,651 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $56.69 on Friday. The company’s 50-day moving average is $53.31 and its 200 day moving average is $51.94. SPDR Gold MiniShares Trust has a one year low of $39.35 and a one year high of $57.19.

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.