Belpointe Asset Management LLC Has $396,000 Stake in SPDR Gold MiniShares Trust $GLDM

Belpointe Asset Management LLC trimmed its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 14.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,042 shares of the company’s stock after selling 1,048 shares during the period. Belpointe Asset Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $396,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. ORG Partners LLC acquired a new stake in SPDR Gold MiniShares Trust in the second quarter valued at $28,000. PSI Advisors LLC increased its holdings in SPDR Gold MiniShares Trust by 102.6% in the first quarter. PSI Advisors LLC now owns 472 shares of the company’s stock valued at $29,000 after purchasing an additional 239 shares during the period. Asset Planning Inc acquired a new stake in SPDR Gold MiniShares Trust in the first quarter valued at $29,000. GAMMA Investing LLC acquired a new stake in SPDR Gold MiniShares Trust in the first quarter valued at $29,000. Finally, Beacon Capital Management LLC acquired a new stake in SPDR Gold MiniShares Trust in the second quarter valued at $38,000.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA GLDM opened at $79.44 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $50.67 and a twelve month high of $80.36. The stock has a fifty day simple moving average of $71.15 and a 200 day simple moving average of $67.19.

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.