Hollow Brook Wealth Management LLC Trims Stock Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Hollow Brook Wealth Management LLC decreased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,136,602 shares of the company’s stock after selling 10,276 shares during the quarter. SPDR Gold MiniShares Trust accounts for 18.5% of Hollow Brook Wealth Management LLC’s portfolio, making the stock its biggest holding. Hollow Brook Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $46,498,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in GLDM. VitalStone Financial LLC increased its position in shares of SPDR Gold MiniShares Trust by 611.1% during the 3rd quarter. VitalStone Financial LLC now owns 640 shares of the company’s stock valued at $25,000 after purchasing an additional 550 shares during the last quarter. Parkside Financial Bank & Trust bought a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at approximately $30,000. Headlands Technologies LLC bought a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at approximately $39,000. Fortitude Family Office LLC bought a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at approximately $40,000. Finally, Citigroup Inc. increased its position in shares of SPDR Gold MiniShares Trust by 1,201.0% during the 3rd quarter. Citigroup Inc. now owns 1,353 shares of the company’s stock valued at $50,000 after purchasing an additional 1,249 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

GLDM traded down $0.91 during trading hours on Tuesday, reaching $45.39. 4,408,170 shares of the company’s stock traded hands, compared to its average volume of 3,766,249. The firm has a 50-day moving average price of $43.93 and a 200 day moving average price of $41.31. SPDR Gold MiniShares Trust has a 52-week low of $35.99 and a 52-week high of $48.21.

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.