Raymond James & Associates Decreases Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Raymond James & Associates decreased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 55.0% in the third quarter, Holdings Channel.com reports. The firm owned 299,160 shares of the company’s stock after selling 365,041 shares during the period. Raymond James & Associates’ holdings in SPDR Gold MiniShares Trust were worth $15,595,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Hantz Financial Services Inc. purchased a new stake in SPDR Gold MiniShares Trust in the 2nd quarter worth about $28,000. Family Firm Inc. bought a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $32,000. Rothschild Investment LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $38,000. Palisade Asset Management LLC purchased a new position in SPDR Gold MiniShares Trust during the 1st quarter valued at $50,000. Finally, RFP Financial Group LLC bought a new position in SPDR Gold MiniShares Trust in the 2nd quarter valued at $73,000.

SPDR Gold MiniShares Trust Trading Up 0.3 %

NYSEARCA:GLDM opened at $54.35 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $38.32 and a twelve month high of $54.47. The stock has a fifty day simple moving average of $51.50 and a 200-day simple moving average of $48.52.

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.