Axxcess Wealth Management LLC Acquires 1,281 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Axxcess Wealth Management LLC boosted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 12.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,725 shares of the company’s stock after acquiring an additional 1,281 shares during the period. Axxcess Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $611,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Legacy Capital Wealth Partners LLC bought a new position in SPDR Gold MiniShares Trust during the third quarter worth about $1,656,000. Sigma Planning Corp lifted its holdings in shares of SPDR Gold MiniShares Trust by 20.9% in the third quarter. Sigma Planning Corp now owns 8,868 shares of the company’s stock valued at $462,000 after purchasing an additional 1,532 shares in the last quarter. Avid Wealth Partners LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 3.5% in the third quarter. Avid Wealth Partners LLC now owns 165,131 shares of the company’s stock valued at $8,608,000 after purchasing an additional 5,583 shares in the last quarter. Verdence Capital Advisors LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 11.3% in the third quarter. Verdence Capital Advisors LLC now owns 9,300 shares of the company’s stock valued at $485,000 after purchasing an additional 944 shares in the last quarter. Finally, Holistic Planning LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $272,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of SPDR Gold MiniShares Trust stock opened at $51.52 on Wednesday. The stock’s 50-day moving average is $52.47 and its 200-day moving average is $49.13. SPDR Gold MiniShares Trust has a one year low of $38.32 and a one year high of $55.29.

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.