Fortis Advisors LLC Sells 13,270 Shares of SPDR Gold MiniShares Trust $GLDM

Fortis Advisors LLC reduced its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 16.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 67,611 shares of the company’s stock after selling 13,270 shares during the quarter. SPDR Gold MiniShares Trust comprises about 2.9% of Fortis Advisors LLC’s portfolio, making the stock its 10th largest position. Fortis Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $5,169,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in GLDM. Farther Finance Advisors LLC increased its position in SPDR Gold MiniShares Trust by 5.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 541,467 shares of the company’s stock valued at $41,395,000 after purchasing an additional 28,037 shares during the period. Orion Porfolio Solutions LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 34.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 38,148 shares of the company’s stock valued at $2,499,000 after purchasing an additional 9,732 shares during the last quarter. Detalus Advisors LLC increased its position in shares of SPDR Gold MiniShares Trust by 34.0% during the third quarter. Detalus Advisors LLC now owns 91,003 shares of the company’s stock worth $6,957,000 after buying an additional 23,109 shares during the period. Bangor Savings Bank raised its stake in SPDR Gold MiniShares Trust by 2.7% during the third quarter. Bangor Savings Bank now owns 436,528 shares of the company’s stock worth $33,373,000 after buying an additional 11,657 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its holdings in SPDR Gold MiniShares Trust by 29.1% in the third quarter. Ashton Thomas Private Wealth LLC now owns 36,703 shares of the company’s stock valued at $2,806,000 after buying an additional 8,284 shares during the period.

More SPDR Gold MiniShares Trust News

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Geopolitical risk: rising U.S.–Iran tensions have pushed investors toward safe‑haven assets, supporting higher bullion prices and likely contributing to inflows into GLDM. Gold and Silver Analysis: US-Iran Tensions and Gold-to-Silver Ratio Signal Upside
• Positive Sentiment: Bullish analyst outlooks: institutional commentary (BMO, AuAg Funds) is projecting materially higher gold targets for 2026, which can drive longer‑term investor interest in gold ETFs like GLDM. Gold to rise near $6,500/oz in 2026 as bull case strengthens, silver’s market balance suggests caution for investors – BMO’s Amos
• Positive Sentiment: Precious‑metal momentum: silver’s recent breakout above the $80 level (targets near $85) signals broader strength in the metals complex, often correlated with higher gold ETF demand. Gold (XAUUSD) & Silver Price Forecast: $5,000 Holds as Silver Eyes $85 Breakout?
• Neutral Sentiment: Key macro events pending: U.S. GDP and PCE releases are front‑and‑center; these data points could swing rate expectations and gold flows in either direction, creating event risk for GLDM. Gold (XAUUSD) & Silver Price Forecast: $5,000 Holds as Silver Eyes $85 Breakout?
• Neutral Sentiment: Technical setup mixed: analysts note consolidation around major averages — the 50‑day is cited as critical support while the 20‑day is capping gains; that technical tug‑of‑war can produce choppy ETF flows. Gold (XAU/USD) Price Forecast: Bearish Bias Persists Below Key Average
• Neutral Sentiment: Sector note: gold‑mining stocks rallying into earnings can reflect positive sentiment for the metals complex, but mining results are an indirect influence on GLDM flows. Mining Stock Rallying Into This Week’s Earnings
• Negative Sentiment: Fed/yield pressure: hawkish Fed minutes and a firmer dollar have pushed yields up recently, which typically weighs on non‑yielding gold and can cap ETF gains if the trend continues. Gold (XAUUSD) & Silver Price Forecast: Fed Pressure Builds – Will Gold Smash $5,020 or Stall?
• Negative Sentiment: Short‑term technical risk: several analysts flag a bearish bias while price remains below short‑term averages — that could trigger profit‑taking and reduce near‑term ETF inflows. Gold (XAU/USD) Price Forecast: Bearish Bias Persists Below Key Average

SPDR Gold MiniShares Trust Trading Up 0.3%

Shares of SPDR Gold MiniShares Trust stock opened at $98.97 on Friday. The business has a 50-day moving average price of $92.88 and a two-hundred day moving average price of $81.90. SPDR Gold MiniShares Trust has a 1-year low of $56.10 and a 1-year high of $109.74.

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.