AXS Investments LLC Lowers Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

AXS Investments LLC lessened its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 10.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,905 shares of the company’s stock after selling 655 shares during the period. AXS Investments LLC’s holdings in SPDR Gold MiniShares Trust were worth $242,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. US Bancorp DE raised its position in SPDR Gold MiniShares Trust by 165.2% during the fourth quarter. US Bancorp DE now owns 25,017 shares of the company’s stock valued at $1,023,000 after purchasing an additional 15,583 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in SPDR Gold MiniShares Trust by 17.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 292,593 shares of the company’s stock valued at $11,970,000 after purchasing an additional 43,581 shares in the last quarter. Corient Private Wealth LLC raised its position in SPDR Gold MiniShares Trust by 63.4% during the fourth quarter. Corient Private Wealth LLC now owns 13,026 shares of the company’s stock valued at $533,000 after purchasing an additional 5,056 shares in the last quarter. Wells Fargo & Company MN raised its position in SPDR Gold MiniShares Trust by 0.3% during the fourth quarter. Wells Fargo & Company MN now owns 750,652 shares of the company’s stock valued at $30,709,000 after purchasing an additional 2,121 shares in the last quarter. Finally, Balentine LLC raised its position in SPDR Gold MiniShares Trust by 1.5% during the fourth quarter. Balentine LLC now owns 2,955,360 shares of the company’s stock valued at $120,904,000 after purchasing an additional 44,561 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA GLDM opened at $46.28 on Friday. The stock’s 50-day simple moving average is $45.81 and its two-hundred day simple moving average is $42.29. SPDR Gold MiniShares Trust has a twelve month low of $35.99 and a twelve month high of $48.33.

SPDR Gold MiniShares Trust Company Profile

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.