Continuum Wealth Advisors LLC Cuts Stock Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Continuum Wealth Advisors LLC reduced its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 17.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,993 shares of the company’s stock after selling 26,907 shares during the period. SPDR Gold MiniShares Trust accounts for 3.6% of Continuum Wealth Advisors LLC’s holdings, making the stock its 8th biggest holding. Continuum Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $6,724,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of GLDM. Bangor Savings Bank increased its holdings in SPDR Gold MiniShares Trust by 5.7% during the 1st quarter. Bangor Savings Bank now owns 210,853 shares of the company’s stock worth $9,288,000 after purchasing an additional 11,421 shares during the period. Birch Capital Management LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 70.2% during the 1st quarter. Birch Capital Management LLC now owns 6,013 shares of the company’s stock worth $265,000 after purchasing an additional 2,480 shares during the last quarter. Harbor Investment Advisory LLC boosted its position in SPDR Gold MiniShares Trust by 0.7% during the first quarter. Harbor Investment Advisory LLC now owns 150,481 shares of the company’s stock valued at $6,629,000 after purchasing an additional 1,016 shares in the last quarter. Inspirion Wealth Advisors LLC raised its holdings in SPDR Gold MiniShares Trust by 0.8% in the first quarter. Inspirion Wealth Advisors LLC now owns 95,748 shares of the company’s stock worth $4,218,000 after purchasing an additional 732 shares in the last quarter. Finally, Financial Enhancement Group LLC lifted its position in shares of SPDR Gold MiniShares Trust by 968.9% during the first quarter. Financial Enhancement Group LLC now owns 102,692 shares of the company’s stock valued at $4,770,000 after buying an additional 93,085 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.0 %

NYSEARCA:GLDM traded up $0.56 during midday trading on Friday, reaching $53.90. 1,495,997 shares of the stock traded hands, compared to its average volume of 3,648,616. SPDR Gold MiniShares Trust has a 12-month low of $38.32 and a 12-month high of $53.92. The business has a 50-day moving average of $50.86 and a two-hundred day moving average of $48.15.

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.