SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Position Lessened by Timber Creek Capital Management LLC

Timber Creek Capital Management LLC lowered its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 221,394 shares of the company’s stock after selling 1,742 shares during the quarter. SPDR Gold MiniShares Trust comprises 3.2% of Timber Creek Capital Management LLC’s holdings, making the stock its 7th largest holding. Timber Creek Capital Management LLC owned 0.14% of SPDR Gold MiniShares Trust worth $11,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC raised its position in shares of SPDR Gold MiniShares Trust by 3.4% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 5,637,993 shares of the company’s stock valued at $293,909,000 after purchasing an additional 182,816 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in SPDR Gold MiniShares Trust by 28.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 4,017,429 shares of the company’s stock valued at $209,429,000 after purchasing an additional 880,693 shares during the last quarter. Citigroup Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 5,727,072.7% in the third quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock worth $98,524,000 after purchasing an additional 1,889,934 shares during the last quarter. LPL Financial LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 15.5% during the third quarter. LPL Financial LLC now owns 1,774,767 shares of the company’s stock worth $92,519,000 after purchasing an additional 238,766 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in SPDR Gold MiniShares Trust by 10.9% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,165,360 shares of the company’s stock worth $60,750,000 after acquiring an additional 114,200 shares during the period.

SPDR Gold MiniShares Trust Stock Up 0.9 %

GLDM opened at $52.70 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $39.19 and a fifty-two week high of $55.29. The company has a fifty day moving average of $52.89 and a two-hundred day moving average of $49.63.

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.