Axxcess Wealth Management LLC Invests $390,000 in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Axxcess Wealth Management LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,536 shares of the company’s stock, valued at approximately $390,000.

Other institutional investors have also recently added to or reduced their stakes in the company. VitalStone Financial LLC increased its stake in shares of SPDR Gold MiniShares Trust by 611.1% during the third quarter. VitalStone Financial LLC now owns 640 shares of the company’s stock worth $25,000 after acquiring an additional 550 shares during the period. Parkside Financial Bank & Trust purchased a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth approximately $30,000. Headlands Technologies LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $39,000. Fortitude Family Office LLC acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter worth $40,000. Finally, Hartford Financial Management Inc. purchased a new position in SPDR Gold MiniShares Trust in the fourth quarter worth $54,000.

SPDR Gold MiniShares Trust Trading Down 0.3 %

GLDM stock opened at $45.77 on Thursday. The firm has a 50 day moving average of $44.70 and a 200-day moving average of $41.64. SPDR Gold MiniShares Trust has a 12-month low of $35.99 and a 12-month high of $48.21.

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.