SPDR Gold MiniShares Trust $GLDM Stake Reduced by Warren Street Wealth Advisors LLC

Warren Street Wealth Advisors LLC lessened its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 19.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 156,173 shares of the company’s stock after selling 36,817 shares during the period. SPDR Gold MiniShares Trust makes up 3.7% of Warren Street Wealth Advisors LLC’s investment portfolio, making the stock its 5th largest position. Warren Street Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $14,476,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Godfrey Financial Associates Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth about $26,000. Accredited Wealth Management LLC raised its holdings in SPDR Gold MiniShares Trust by 174.4% in the 3rd quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after buying an additional 218 shares during the period. Root Financial Partners LLC lifted its position in SPDR Gold MiniShares Trust by 548.2% in the fourth quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock valued at $31,000 after buying an additional 307 shares during the last quarter. Networth Advisors LLC acquired a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at about $33,000. Finally, Gould Capital LLC lifted its position in SPDR Gold MiniShares Trust by 377.8% in the third quarter. Gould Capital LLC now owns 516 shares of the company’s stock valued at $39,000 after buying an additional 408 shares during the last quarter.

More SPDR Gold MiniShares Trust News

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Neutral Sentiment: Gold’s long-term bull case remains intact for some analysts, with central bank buying and portfolio diversification supporting demand over time. Gold’s bull market remains intact even with a hawkish Fed, says Axel Merk
• Neutral Sentiment: Some strategists say gold ETF investors can view the recent pullback as a buying opportunity, but the near-term trend is still volatile. Gold prices are down but SocGen is buying the dip
• Neutral Sentiment: Gold and silver remain under technical pressure as traders focus on hawkish Fed policy and key support levels. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests New Lows As Traders Focus On Hawkish Fed Policy Outlook
• Negative Sentiment: The hawkish Fed is keeping pressure on spot gold, with lower prices and softer physical premiums signaling reduced near-term support. Hawkish Fed keeps pressure on gold as physical premiums soften – Kitco PM Report
• Negative Sentiment: Gold prices are being weighed down by a stronger dollar and higher Treasury yields after the Fed’s hawkish shift. Gold Falls as Hawkish Fed Outweighs U.S.-Iran Deal Relief

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $83.44 on Monday. SPDR Gold MiniShares Trust has a 1-year low of $64.46 and a 1-year high of $109.74. The company has a 50-day moving average of $90.00 and a two-hundred day moving average of $92.25.

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.