Redhawk Wealth Advisors Inc. Has $237,000 Holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Redhawk Wealth Advisors Inc. grew its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 5.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,550 shares of the company’s stock after buying an additional 232 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $237,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in SPDR Gold MiniShares Trust by 18.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 786,355 shares of the company’s stock valued at $36,243,000 after buying an additional 120,850 shares during the last quarter. Axxcess Wealth Management LLC increased its position in shares of SPDR Gold MiniShares Trust by 64.5% in the second quarter. Axxcess Wealth Management LLC now owns 10,444 shares of the company’s stock valued at $481,000 after acquiring an additional 4,094 shares during the last quarter. WCG Wealth Advisors LLC raised its holdings in SPDR Gold MiniShares Trust by 9.4% during the second quarter. WCG Wealth Advisors LLC now owns 12,096 shares of the company’s stock worth $558,000 after acquiring an additional 1,036 shares in the last quarter. Bright Financial Advisors Inc. boosted its position in SPDR Gold MiniShares Trust by 1.0% during the second quarter. Bright Financial Advisors Inc. now owns 59,621 shares of the company’s stock valued at $2,748,000 after purchasing an additional 604 shares during the last quarter. Finally, AE Wealth Management LLC grew its stake in SPDR Gold MiniShares Trust by 12.7% in the second quarter. AE Wealth Management LLC now owns 66,795 shares of the company’s stock valued at $3,079,000 after purchasing an additional 7,552 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.7 %

NYSEARCA:GLDM opened at $53.79 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $39.35 and a twelve month high of $55.29. The stock’s 50 day moving average price is $52.34 and its two-hundred day moving average price is $51.05.

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.