Stratos Wealth Partners LTD. Sells 6,946 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Stratos Wealth Partners LTD. cut its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 165,620 shares of the company’s stock after selling 6,946 shares during the period. Stratos Wealth Partners LTD. owned about 0.11% of SPDR Gold MiniShares Trust worth $8,611,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of GLDM. Brookstone Capital Management grew its stake in SPDR Gold MiniShares Trust by 25.5% in the 4th quarter. Brookstone Capital Management now owns 99,042 shares of the company’s stock valued at $5,149,000 after purchasing an additional 20,124 shares during the period. FMR LLC grew its position in SPDR Gold MiniShares Trust by 50.2% during the third quarter. FMR LLC now owns 7,425 shares of the company’s stock valued at $387,000 after buying an additional 2,480 shares during the period. Exchange Traded Concepts LLC increased its holdings in SPDR Gold MiniShares Trust by 7.2% during the third quarter. Exchange Traded Concepts LLC now owns 3,125 shares of the company’s stock worth $163,000 after buying an additional 210 shares during the last quarter. Mutual Advisors LLC raised its position in SPDR Gold MiniShares Trust by 27.5% in the fourth quarter. Mutual Advisors LLC now owns 13,510 shares of the company’s stock worth $727,000 after acquiring an additional 2,914 shares during the period. Finally, Seven Post Investment Office LP boosted its stake in SPDR Gold MiniShares Trust by 1,539.1% in the fourth quarter. Seven Post Investment Office LP now owns 69,418 shares of the company’s stock valued at $3,609,000 after acquiring an additional 65,183 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM stock opened at $56.73 on Thursday. SPDR Gold MiniShares Trust has a 12-month low of $39.35 and a 12-month high of $57.12. The company has a 50 day moving average of $53.15 and a 200-day moving average of $51.81.

SPDR Gold MiniShares Trust Company 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.