Brookstone Capital Management Acquires 49,174 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Brookstone Capital Management boosted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Get Rating) by 154.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 81,007 shares of the company’s stock after buying an additional 49,174 shares during the quarter. Brookstone Capital Management’s holdings in SPDR Gold MiniShares Trust were worth $3,003,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in GLDM. Guardian Wealth Advisors LLC bought a new stake in SPDR Gold MiniShares Trust during the third quarter valued at approximately $79,000. Spire Wealth Management grew its position in SPDR Gold MiniShares Trust by 369.1% during the third quarter. Spire Wealth Management now owns 3,406 shares of the company’s stock valued at $112,000 after buying an additional 2,680 shares during the period. PDS Planning Inc lifted its holdings in SPDR Gold MiniShares Trust by 9.4% during the third quarter. PDS Planning Inc now owns 4,364 shares of the company’s stock valued at $144,000 after purchasing an additional 374 shares in the last quarter. WestEnd Advisors LLC lifted its holdings in SPDR Gold MiniShares Trust by 228.1% during the third quarter. WestEnd Advisors LLC now owns 5,292 shares of the company’s stock valued at $175,000 after purchasing an additional 3,679 shares in the last quarter. Finally, Private Trust Co. NA purchased a new position in SPDR Gold MiniShares Trust during the second quarter valued at approximately $190,000.

SPDR Gold MiniShares Trust Stock Up 2.9 %

Shares of NYSEARCA:GLDM opened at $39.24 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $32.12 and a 1-year high of $39.63. The firm’s 50 day simple moving average is $37.31 and its two-hundred day simple moving average is $35.33.