Brookstone Capital Management Sells 5,794 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Brookstone Capital Management reduced its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 8.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 63,148 shares of the company’s stock after selling 5,794 shares during the quarter. Brookstone Capital Management’s holdings in SPDR Gold MiniShares Trust were worth $2,782,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GLDM. Financial Enhancement Group LLC increased its stake in SPDR Gold MiniShares Trust by 968.9% in the 1st quarter. Financial Enhancement Group LLC now owns 102,692 shares of the company’s stock worth $4,770,000 after buying an additional 93,085 shares in the last quarter. Inspirion Wealth Advisors LLC increased its stake in SPDR Gold MiniShares Trust by 0.8% in the 1st quarter. Inspirion Wealth Advisors LLC now owns 95,748 shares of the company’s stock worth $4,218,000 after buying an additional 732 shares in the last quarter. Harbor Investment Advisory LLC increased its stake in SPDR Gold MiniShares Trust by 0.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 150,481 shares of the company’s stock worth $6,629,000 after buying an additional 1,016 shares in the last quarter. Birch Capital Management LLC increased its stake in SPDR Gold MiniShares Trust by 70.2% in the 1st quarter. Birch Capital Management LLC now owns 6,013 shares of the company’s stock worth $265,000 after buying an additional 2,480 shares in the last quarter. Finally, Bangor Savings Bank increased its stake in SPDR Gold MiniShares Trust by 5.7% in the 1st quarter. Bangor Savings Bank now owns 210,853 shares of the company’s stock worth $9,288,000 after buying an additional 11,421 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.1 %

Shares of GLDM stock opened at $46.10 on Friday. SPDR Gold MiniShares Trust has a 52-week low of $35.99 and a 52-week high of $48.33. The stock has a fifty day simple moving average of $46.35 and a two-hundred day simple moving average of $43.36.

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.