AE Wealth Management LLC Buys 7,552 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

AE Wealth Management LLC raised its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 12.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 66,795 shares of the company’s stock after buying an additional 7,552 shares during the period. AE Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,079,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Hantz Financial Services Inc. bought a new stake in SPDR Gold MiniShares Trust in the second quarter valued at approximately $28,000. Family Firm Inc. bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $32,000. Rothschild Investment LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the second quarter worth $38,000. Northwest Capital Management Inc bought a new position in SPDR Gold MiniShares Trust during the first quarter worth $37,000. Finally, Palisade Asset Management LLC acquired a new position in SPDR Gold MiniShares Trust in the first quarter valued at $50,000.

SPDR Gold MiniShares Trust Stock Up 1.3 %

Shares of GLDM opened at $51.94 on Monday. The firm’s fifty day simple moving average is $49.08 and its two-hundred day simple moving average is $46.97. SPDR Gold MiniShares Trust has a 12 month low of $35.99 and a 12 month high of $52.03.

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.