CreativeOne Wealth LLC Sells 7,776 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

CreativeOne Wealth LLC cut its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 30.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,634 shares of the company’s stock after selling 7,776 shares during the quarter. CreativeOne Wealth LLC’s holdings in SPDR Gold MiniShares Trust were worth $777,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Northwest Capital Management Inc bought a new position in SPDR Gold MiniShares Trust during the first quarter worth about $37,000. Headlands Technologies LLC bought a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $39,000. Palisade Asset Management LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at approximately $50,000. Hartford Financial Management Inc. bought a new stake in SPDR Gold MiniShares Trust during the 4th quarter worth approximately $54,000. Finally, Citigroup Inc. raised its holdings in SPDR Gold MiniShares Trust by 1,201.0% during the 3rd quarter. Citigroup Inc. now owns 1,353 shares of the company’s stock worth $50,000 after buying an additional 1,249 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

GLDM traded up $0.49 during trading on Friday, reaching $47.30. The company had a trading volume of 2,057,168 shares, compared to its average volume of 3,511,597. The business’s fifty day moving average price is $46.77 and its 200 day moving average price is $44.31. SPDR Gold MiniShares Trust has a 12 month low of $35.99 and a 12 month high of $49.22.

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.