Axxcess Wealth Management LLC Has $506,000 Stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Axxcess Wealth Management LLC cut its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 17.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 9,735 shares of the company’s stock after selling 1,990 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $506,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. First Community Trust NA acquired a new stake in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at $43,000. First Horizon Advisors Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the third quarter worth about $65,000. Glass Jacobson Investment Advisors llc bought a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth about $74,000. Stonebridge Financial Group LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $89,000. Finally, Rosenberg Matthew Hamilton bought a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $106,000.

SPDR Gold MiniShares Trust Stock Down 0.8 %

Shares of SPDR Gold MiniShares Trust stock opened at $59.83 on Friday. SPDR Gold MiniShares Trust has a 12-month low of $42.77 and a 12-month high of $60.45. The stock has a 50 day moving average price of $56.79 and a two-hundred day moving average price of $53.89.

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.