Compass Financial Services Inc Sells 5,883 Shares of SPDR Gold MiniShares Trust $GLDM

Compass Financial Services Inc reduced its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 72.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,247 shares of the company’s stock after selling 5,883 shares during the quarter. Compass Financial Services Inc’s holdings in SPDR Gold MiniShares Trust were worth $147,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter worth approximately $395,321,000. Empower Advisory Group LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $336,022,000. Asset Management One Co. Ltd. increased its stake in shares of SPDR Gold MiniShares Trust by 1.3% in the 2nd quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock valued at $265,720,000 after purchasing an additional 51,172 shares during the last quarter. LPL Financial LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 23.6% during the 1st quarter. LPL Financial LLC now owns 2,715,752 shares of the company’s stock worth $168,078,000 after buying an additional 518,772 shares in the last quarter. Finally, 3EDGE Asset Management LP lifted its position in shares of SPDR Gold MiniShares Trust by 43.0% during the 2nd quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock worth $144,905,000 after buying an additional 664,523 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Down 1.8%

NYSEARCA:GLDM opened at $80.90 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $50.70 and a twelve month high of $86.75. The stock’s 50-day simple moving average is $77.96 and its 200 day simple moving average is $70.35.

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.