Apella Capital LLC Purchases 2,865 Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Apella Capital LLC grew its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 16.5% in the 4th quarter, HoldingsChannel reports. The fund owned 20,178 shares of the company’s stock after buying an additional 2,865 shares during the period. Apella Capital LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,049,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GLDM. Envestnet Asset Management Inc. boosted its stake in SPDR Gold MiniShares Trust by 18.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 786,355 shares of the company’s stock valued at $36,243,000 after purchasing an additional 120,850 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in shares of SPDR Gold MiniShares Trust by 64.5% during the second quarter. Axxcess Wealth Management LLC now owns 10,444 shares of the company’s stock valued at $481,000 after buying an additional 4,094 shares during the last quarter. Purus Wealth Management LLC boosted its position in shares of SPDR Gold MiniShares Trust by 1.6% during the second quarter. Purus Wealth Management LLC now owns 84,505 shares of the company’s stock valued at $3,895,000 after buying an additional 1,294 shares during the last quarter. WCG Wealth Advisors LLC raised its position in SPDR Gold MiniShares Trust by 9.4% in the 2nd quarter. WCG Wealth Advisors LLC now owns 12,096 shares of the company’s stock valued at $558,000 after buying an additional 1,036 shares during the last quarter. Finally, Bright Financial Advisors Inc. lifted its stake in SPDR Gold MiniShares Trust by 1.0% during the 2nd quarter. Bright Financial Advisors Inc. now owns 59,621 shares of the company’s stock valued at $2,748,000 after acquiring an additional 604 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.8 %

NYSEARCA GLDM opened at $53.43 on Thursday. The company has a fifty day moving average price of $52.34 and a 200-day moving average price of $51.03. SPDR Gold MiniShares Trust has a 1 year low of $39.35 and a 1 year high of $55.29.

SPDR Gold MiniShares Trust 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.