Nottingham Advisors Inc. Lowers Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Nottingham Advisors Inc. lowered its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.3% in the fourth quarter, HoldingsChannel reports. The fund owned 314,793 shares of the company’s stock after selling 24,913 shares during the quarter. SPDR Gold MiniShares Trust makes up about 2.1% of Nottingham Advisors Inc.’s portfolio, making the stock its 15th largest position. Nottingham Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $16,366,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. First Community Trust NA acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter worth approximately $43,000. Glass Jacobson Investment Advisors llc purchased a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at $74,000. Stonebridge Financial Group LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth $89,000. Rosenberg Matthew Hamilton purchased a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter worth $106,000. Finally, WealthTrak Capital Management LLC acquired a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at $118,000.

SPDR Gold MiniShares Trust Price Performance

GLDM stock opened at $61.79 on Wednesday. The stock has a 50-day moving average price of $57.79 and a two-hundred day moving average price of $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 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.