Essex Financial Services Inc. Sells 885 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Essex Financial Services Inc. cut its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 46,340 shares of the company’s stock after selling 885 shares during the period. Essex Financial Services Inc.’s holdings in SPDR Gold MiniShares Trust were worth $2,409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. CENTRAL TRUST Co boosted its holdings in shares of SPDR Gold MiniShares Trust by 1.3% during the 3rd quarter. CENTRAL TRUST Co now owns 14,935 shares of the company’s stock worth $779,000 after buying an additional 197 shares during the period. MONECO Advisors LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 4.0% during the third quarter. MONECO Advisors LLC now owns 5,455 shares of the company’s stock worth $284,000 after acquiring an additional 208 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of 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 acquiring an additional 210 shares during the period. Redhawk Wealth Advisors Inc. grew its position in shares of SPDR Gold MiniShares Trust by 5.4% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 4,550 shares of the company’s stock valued at $237,000 after purchasing an additional 232 shares during the last quarter. Finally, Independent Advisor Alliance increased its stake in shares of SPDR Gold MiniShares Trust by 2.5% during the third quarter. Independent Advisor Alliance now owns 9,931 shares of the company’s stock worth $518,000 after purchasing an additional 244 shares during the period.

SPDR Gold MiniShares Trust Stock Up 1.6 %

Shares of NYSEARCA GLDM opened at $57.61 on Tuesday. The stock’s fifty day moving average price is $53.42 and its two-hundred day moving average price is $52.05. SPDR Gold MiniShares Trust has a one year low of $39.35 and a one year high of $57.69.

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.