Q3 Asset Management Sells 49,836 Shares of SPDR Gold MiniShares Trust $GLDM

Q3 Asset Management reduced its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 70.5% during the 2nd quarter, Holdings Channel reports. The firm owned 20,854 shares of the company’s stock after selling 49,836 shares during the period. SPDR Gold MiniShares Trust makes up 0.5% of Q3 Asset Management’s holdings, making the stock its 25th biggest holding. Q3 Asset Management’s holdings in SPDR Gold MiniShares Trust were worth $1,366,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in GLDM. ORG Partners LLC acquired a new position in SPDR Gold MiniShares Trust in the second quarter valued at about $28,000. Atlantic Union Bankshares Corp acquired a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth about $31,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at about $31,000. Beacon Capital Management LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at approximately $38,000. Finally, Financial Management Professionals Inc. raised its position in shares of SPDR Gold MiniShares Trust by 41.7% in the 2nd quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock valued at $39,000 after acquiring an additional 175 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $85.10 on Monday. The firm has a 50 day moving average price of $81.44 and a 200 day moving average price of $72.87. SPDR Gold MiniShares Trust has a 52-week low of $51.24 and a 52-week high of $86.75.

SPDR Gold MiniShares Trust Company Profile

(Free Report)

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.

Featured Stories

• Five stocks we like better than SPDR Gold MiniShares Trust
• Roth IRA Calculator: Calculate Your Potential Returns
• 3 Underrated Robotics Stocks Poised for Huge Gains
• Technology Stocks Explained: Here’s What to Know About Tech
• Dave & Buster’s Reversal Is in PLAY After Double-Bottom Breakout
• ETF Screener: Uses and Step-by-Step Guide
• 3 Finance Stocks to Buy on Rising 10-Year Treasury Rates

Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).