Relyea Zuckerberg Hanson LLC grew its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 65.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 41,088 shares of the company’s stock after acquiring an additional 16,212 shares during the period. Relyea Zuckerberg Hanson LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,141,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of the company. Empower Advisory Group LLC purchased a new position in SPDR Gold MiniShares Trust during the 2nd quarter worth $336,022,000. Asset Management One Co. Ltd. lifted its holdings in shares of SPDR Gold MiniShares Trust by 1.3% in the 2nd quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock worth $265,720,000 after buying an additional 51,172 shares during the period. Jane Street Group LLC bought a new position in shares of SPDR Gold MiniShares Trust during the 1st quarter worth $231,443,000. State Street Corp increased its stake in shares of SPDR Gold MiniShares Trust by 0.3% during the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after buying an additional 8,380 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 10.4% during the second quarter. Ameriprise Financial Inc. now owns 2,429,541 shares of the company’s stock valued at $159,121,000 after buying an additional 229,479 shares during the period.
SPDR Gold MiniShares Trust Stock Performance
GLDM stock opened at $85.37 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $51.74 and a 1-year high of $90.07. The business has a 50-day moving average price of $82.90 and a 200 day moving average price of $74.76.
SPDR Gold MiniShares Trust News Summary
- Positive Sentiment: Geopolitical risk in the Middle East is supporting safe-haven demand for gold, helping underpin bullion-linked funds like GLDM. Gold Rises Amid Geopolitical Risks
- Positive Sentiment: Macro forecasts and analyst views remain bullish for gold into 2026 (some scenarios project much higher nominal targets), which supports longer-term demand for GLDM as a bullion proxy. Gold Forecast 2026: Why Macro Forces and Technical Breakouts Point to $6,000
- Positive Sentiment: Analysts say the gold-sector fundamentals (valuations, balance sheets, cash flow) are strong heading into 2026 — supportive for gold exposure and related ETFs. Gold sector ‘in its best shape in years’ heading into 2026
- Neutral Sentiment: Some technical commentary expects a near-term pause or consolidation in early 2026 even as the bull trend remains intact — this suggests sideways trading for GLDM before a clearer directional move. Gold Edges Higher; Prices Likely to Correct or Consolidate
- Neutral Sentiment: Consumer/novelty news (a delayed “gold-colored” smartphone) is being reported but is unlikely to materially affect bullion demand or GLDM flows. Trump Mobile delays shipment of gold-colored smartphone
- Negative Sentiment: Exchange margin hikes from CME triggered profit-taking in precious metals futures, weighing on spot gold and pressuring bullion ETFs like GLDM. Gold, silver prices fall after CME raises precious metals margins — again
- Negative Sentiment: Technical cracks — including short-term support breaks and the need to hold key moving averages — raise the risk of pullbacks that can trigger ETF outflows or higher volatility for GLDM. Gold (XAU/USD) Price Forecast: 20-Day Support Breakdown Raises Pullback Risk
- Negative Sentiment: Analysts flag near-term resistance and capped gains amid a divided Fed and profit-taking after 2025’s rally, limiting upside for gold and GLDM in the short run. Gold (XAUUSD) & Silver Price Forecast: Fed Split Caps Gains
- Negative Sentiment: Market commentaries note selling pressure and elevated volatility; weaker economic data (e.g., jobless claims moves) and technical vulnerability could prompt short-term downside. Selling pressure in gold, silver; Friday’s trade may be key
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.
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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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