Nottingham Advisors Inc. Trims Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Nottingham Advisors Inc. trimmed its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,793 shares of the company’s stock after selling 24,913 shares during the period. SPDR Gold MiniShares Trust comprises approximately 2.1% of Nottingham Advisors Inc.’s holdings, making the stock its 15th biggest holding. Nottingham Advisors Inc. owned 0.20% of SPDR Gold MiniShares Trust worth $16,366,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. CIBC Private Wealth Group LLC grew its holdings in SPDR Gold MiniShares Trust by 0.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 21,412 shares of the company’s stock valued at $1,130,000 after buying an additional 185 shares during the last quarter. Allworth Financial LP lifted its position in shares of SPDR Gold MiniShares Trust by 8.9% in the fourth quarter. Allworth Financial LP now owns 2,636 shares of the company’s stock valued at $144,000 after acquiring an additional 216 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in shares of SPDR Gold MiniShares Trust by 5.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 4,550 shares of the company’s stock valued at $237,000 after acquiring an additional 232 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in SPDR Gold MiniShares Trust by 2.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 9,094 shares of the company’s stock worth $473,000 after purchasing an additional 257 shares in the last quarter. Finally, Retirement Income Solutions Inc raised its stake in SPDR Gold MiniShares Trust by 0.3% in the 4th quarter. Retirement Income Solutions Inc now owns 133,659 shares of the company’s stock valued at $6,949,000 after purchasing an additional 349 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Down 0.2 %

SPDR Gold MiniShares Trust stock opened at $61.79 on Wednesday. The firm’s 50-day moving average is $57.79 and its two-hundred day moving average is $54.47. SPDR Gold MiniShares Trust has a 12-month low of $44.63 and a 12-month high of $62.11.

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.