Evernest Financial Advisors LLC Reduces Holdings in SPDR Gold MiniShares Trust $GLDM

Evernest Financial Advisors LLC lowered its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 9.6% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 358,715 shares of the company’s stock after selling 38,227 shares during the period. SPDR Gold MiniShares Trust makes up 7.7% of Evernest Financial Advisors LLC’s investment portfolio, making the stock its biggest holding. Evernest Financial Advisors LLC owned about 0.12% of SPDR Gold MiniShares Trust worth $27,424,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Deane Retirement Strategies Inc. raised its holdings in SPDR Gold MiniShares Trust by 126.4% in the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after acquiring an additional 187 shares in the last quarter. Accredited Wealth Management LLC increased its position in shares of SPDR Gold MiniShares Trust by 174.4% during the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares during the period. Financial Consulate Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at $34,000. Atlantic Union Bankshares Corp acquired a new position in shares of SPDR Gold MiniShares Trust in the second quarter valued at $31,000. Finally, Family Legacy Financial Solutions LLC bought a new position in SPDR Gold MiniShares Trust in the third quarter worth $36,000.

SPDR Gold MiniShares Trust Price Performance

Shares of SPDR Gold MiniShares Trust stock opened at $100.88 on Wednesday. The company’s fifty day moving average price is $95.52 and its two-hundred day moving average price is $84.15. SPDR Gold MiniShares Trust has a 52-week low of $57.05 and a 52-week high of $109.74.

SPDR Gold MiniShares Trust News Summary

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

• Positive Sentiment: Middle East conflict initially drove a sharp safe‑haven bid into gold, supporting ETF flows and helping lift prices briefly. Oil and Gold Jump, Stocks Slide as Conflict in Middle East Rocks Global Markets
• Positive Sentiment: Investors poured money into gold ETFs as the Iran conflict boosted the funds’ appeal, a flow dynamic that supports GLDM’s asset base and could limit deeper declines if geopolitics stay tense. Investors pour into gold ETFs as Iran conflict adds to the funds’ appeal
• Neutral Sentiment: Analysts warn rallies may pause — tariffs, higher inflation and fresh escalation are supportive, but the net impact on prices is uncertain and could keep gold range‑bound near current levels. Gold and silver rallies likely on pause despite new tariffs, higher inflation, and Middle East escalation – StoneX’s O’Connell
• Negative Sentiment: A stronger U.S. dollar and rising Treasury yields pressured gold across the session, triggering sharp intraday selling that directly hurts GLDM’s NAV and market price. Gold, silver sharply lower as USDX rallies, bond yields rise
• Negative Sentiment: Technical and market‑structure signals point to downside pressure — analysts note a bearish rising‑wedge breakout and short‑term seller control, which can accelerate outflows and mark‑to‑market losses for GLDM. Gold (XAU/USD) Price Forecast: Rising Wedge Break Signals Seller Control
• Negative Sentiment: World Gold Council data showed a sharp drop in central‑bank buying in January versus 2025 averages, removing a reliable structural buyer and adding to near‑term downside risk. Central bank gold demand drops 82% from 2025 average in January, but sovereign demand base broadens – World Gold Council

SPDR Gold MiniShares Trust Company 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.