Sentinel Pension Advisors LLC Increases Stock Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Sentinel Pension Advisors LLC raised its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 440,374 shares of the company’s stock after purchasing an additional 7,588 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 5.0% of Sentinel Pension Advisors LLC’s portfolio, making the stock its 6th biggest position. Sentinel Pension Advisors LLC owned approximately 0.21% of SPDR Gold MiniShares Trust worth $27,255,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Evoke Wealth LLC raised its stake in shares of SPDR Gold MiniShares Trust by 0.7% in the fourth quarter. Evoke Wealth LLC now owns 6,604,327 shares of the company’s stock worth $343,359,000 after purchasing an additional 47,341 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its stake in shares of SPDR Gold MiniShares Trust by 1.9% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 5,744,426 shares of the company’s stock worth $298,653,000 after purchasing an additional 106,433 shares during the last quarter. Bank of America Corp DE increased its position in shares of SPDR Gold MiniShares Trust by 109.5% during the fourth quarter. Bank of America Corp DE now owns 4,683,654 shares of the company’s stock valued at $243,503,000 after acquiring an additional 2,447,630 shares during the last quarter. LPL Financial LLC increased its position in shares of SPDR Gold MiniShares Trust by 23.8% during the fourth quarter. LPL Financial LLC now owns 2,196,980 shares of the company’s stock valued at $114,221,000 after acquiring an additional 422,213 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of SPDR Gold MiniShares Trust by 12.2% during the fourth quarter. Ameriprise Financial Inc. now owns 2,092,817 shares of the company’s stock valued at $108,828,000 after acquiring an additional 228,317 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Down 1.3%

Shares of GLDM opened at $65.59 on Friday. The stock has a 50 day moving average of $64.60 and a 200 day moving average of $58.56. SPDR Gold MiniShares Trust has a 12 month low of $45.47 and a 12 month high of $68.23.

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.