Capstone Wealth Management Group LLC Boosts Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Capstone Wealth Management Group LLC lifted its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 0.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 59,177 shares of the company’s stock after buying an additional 545 shares during the period. SPDR Gold MiniShares Trust comprises about 1.8% of Capstone Wealth Management Group LLC’s investment portfolio, making the stock its 15th biggest position. Capstone Wealth Management Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,085,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Hantz Financial Services Inc. purchased a new stake in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $28,000. Family Firm Inc. purchased a new position in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $32,000. Rothschild Investment LLC bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at $38,000. Northwest Capital Management Inc bought a new stake in shares of SPDR Gold MiniShares Trust in the first quarter worth approximately $37,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the 1st quarter valued at about $50,000.

SPDR Gold MiniShares Trust Price Performance

GLDM opened at $52.76 on Wednesday. SPDR Gold MiniShares Trust has a 12-month low of $37.98 and a 12-month high of $53.05. The company’s 50 day moving average is $50.64 and its 200 day moving average is $48.08.

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.