Brookstone Capital Management Purchases 4,744 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Brookstone Capital Management boosted its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67,892 shares of the company’s stock after purchasing an additional 4,744 shares during the period. Brookstone Capital Management’s holdings in SPDR Gold MiniShares Trust were worth $3,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Portside Wealth Group LLC increased its holdings in SPDR Gold MiniShares Trust by 27.3% during the second quarter. Portside Wealth Group LLC now owns 87,394 shares of the company’s stock valued at $4,028,000 after buying an additional 18,722 shares during the period. Triad Wealth Partners LLC purchased a new position in SPDR Gold MiniShares Trust during the second quarter valued at approximately $143,000. DeDora Capital Inc. increased its holdings in SPDR Gold MiniShares Trust by 40.1% during the second quarter. DeDora Capital Inc. now owns 6,459 shares of the company’s stock valued at $298,000 after buying an additional 1,848 shares during the period. Archford Capital Strategies LLC increased its holdings in SPDR Gold MiniShares Trust by 1.5% during the second quarter. Archford Capital Strategies LLC now owns 109,622 shares of the company’s stock valued at $5,052,000 after buying an additional 1,620 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in SPDR Gold MiniShares Trust during the second quarter valued at approximately $296,000.

SPDR Gold MiniShares Trust Price Performance

GLDM traded up $1.06 during trading on Friday, hitting $49.71. The stock had a trading volume of 4,568,424 shares, compared to its average volume of 3,601,340. SPDR Gold MiniShares Trust has a twelve month low of $35.99 and a twelve month high of $49.72. The stock has a 50 day simple moving average of $47.24 and a two-hundred day simple moving average of $45.20.

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.