Congress Wealth Management LLC DE Has $58.45 Million Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Congress Wealth Management LLC DE decreased its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,124,194 shares of the company’s stock after selling 21,069 shares during the period. SPDR Gold MiniShares Trust comprises 0.8% of Congress Wealth Management LLC DE’s holdings, making the stock its 19th largest holding. Congress Wealth Management LLC DE’s holdings in SPDR Gold MiniShares Trust were worth $58,447,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in GLDM. LPL Financial LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 23.8% during the 4th quarter. LPL Financial LLC now owns 2,196,980 shares of the company’s stock worth $114,221,000 after buying an additional 422,213 shares in the last quarter. Sei Investments Co. grew its position in SPDR Gold MiniShares Trust by 12.2% in the fourth quarter. Sei Investments Co. now owns 1,026,038 shares of the company’s stock valued at $53,344,000 after acquiring an additional 111,265 shares during the last quarter. One Charles Private Wealth Services LLC raised its stake in SPDR Gold MiniShares Trust by 6.9% during the fourth quarter. One Charles Private Wealth Services LLC now owns 24,404 shares of the company’s stock worth $1,269,000 after acquiring an additional 1,572 shares in the last quarter. Pecaut & CO. lifted its holdings in shares of SPDR Gold MiniShares Trust by 8.5% in the fourth quarter. Pecaut & CO. now owns 11,364 shares of the company’s stock worth $591,000 after acquiring an additional 887 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of SPDR Gold MiniShares Trust by 0.5% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 454,659 shares of the company’s stock valued at $23,638,000 after purchasing an additional 2,213 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Down 0.8 %

GLDM stock opened at $59.83 on Monday. The company has a 50 day simple moving average of $56.79 and a 200 day simple moving average of $53.95. SPDR Gold MiniShares Trust has a 1 year low of $43.04 and a 1 year high of $60.45.

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.