Portside Wealth Group LLC Has $4.32 Million Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Portside Wealth Group LLC trimmed its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,816 shares of the company’s stock after selling 1,237 shares during the period. Portside Wealth Group LLC owned approximately 0.05% of SPDR Gold MiniShares Trust worth $4,317,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Brookstone Capital Management boosted its holdings in SPDR Gold MiniShares Trust by 25.5% during the fourth quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock worth $5,149,000 after purchasing an additional 20,124 shares during the last quarter. FMR LLC lifted its position in SPDR Gold MiniShares Trust by 50.2% during the 3rd quarter. FMR LLC now owns 7,425 shares of the company’s stock worth $387,000 after buying an additional 2,480 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 7.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock valued at $163,000 after acquiring an additional 210 shares in the last quarter. Apella Capital LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 21.1% in the 3rd quarter. Apella Capital LLC now owns 17,313 shares of the company’s stock valued at $912,000 after acquiring an additional 3,021 shares in the last quarter. Finally, Sei Investments Co. increased its position in shares of SPDR Gold MiniShares Trust by 17.0% in the second quarter. Sei Investments Co. now owns 667,753 shares of the company’s stock valued at $30,777,000 after acquiring an additional 97,181 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $53.53 on Friday. The stock has a 50 day moving average price of $52.35 and a 200 day moving average price of $51.14. SPDR Gold MiniShares Trust has a 52 week low of $39.35 and a 52 week high of $55.29.

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.