Park Avenue Securities LLC raised its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 49.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 105,572 shares of the company’s stock after purchasing an additional 34,976 shares during the period. Park Avenue Securities LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,071,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Empower Advisory Group LLC acquired a new position in SPDR Gold MiniShares Trust in the 2nd quarter valued at about $336,022,000. Jane Street Group LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the first quarter worth approximately $231,443,000. 3EDGE Asset Management LP boosted its holdings in shares of SPDR Gold MiniShares Trust by 43.0% during the second quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock worth $144,905,000 after acquiring an additional 664,523 shares during the period. CWM LLC grew its position in shares of SPDR Gold MiniShares Trust by 508.4% in the third quarter. CWM LLC now owns 781,531 shares of the company’s stock valued at $59,748,000 after purchasing an additional 653,080 shares during the last quarter. Finally, Corient Private Wealth LLC increased its stake in shares of SPDR Gold MiniShares Trust by 3,304.3% during the second quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after purchasing an additional 618,690 shares during the period.
Key Headlines Impacting SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Central-bank buying remains a structural demand tailwind for gold; the World Gold Council data show central banks added material tonnes in November, supporting longer-term ETF demand. Central banks bought 45 tonnes of gold in November, Poland leads purchases once again – World Gold Council
- Positive Sentiment: Geopolitical developments (including recent Venezuela events and broader tensions) have lifted safe-haven demand, underpinning gold and supportive for GLDM flows. Gold and Silver Prices Are Surging Again Following Venezuela Developments
- Positive Sentiment: Market expectations for Fed easing later in 2026 (downward pressure on real yields) are a bullish fundamental backdrop for precious metals. Gold (XAUUSD) & Silver Price Forecast: Fed Outlook and Industrial Demand Shape XAU, XAG
- Neutral Sentiment: Technical analysts see recent pullbacks as holding key short‑term support, leaving the broader bullish bias intact — supportive for ETFs if momentum resumes. Gold (XAU/USD) Price Forecast: Pullback Holds Support, Upside Bias Intact
- Neutral Sentiment: Supply outlook: the World Gold Council expects mining output to peak around 2027 and then plateau, which is a medium‑term neutral-to-supportive factor for price stability. Gold mining output to peak in 2027 with gradual plateau rather than sharp drop – World Gold Council
- Negative Sentiment: Near-term profit‑taking and technical selling have pressured prices after the recent rally; multiple market notes highlight traders booking gains ahead of key U.S. data. Gold (XAUUSD), Silver, Platinum Forecasts – Precious Metals Pull Back Amid Profit-Taking
- Negative Sentiment: Stronger U.S. data (ISM Services PMI, ADP jobs print) pushed gold toward session lows as the market prices in a firmer near‑term US economy. That dynamic can weigh on GLDM until further data shift Fed expectations. Spot gold trades near session low after ISM Services PMI rises to 54.4 in December
- Negative Sentiment: Index rebalancing (Bloomberg Commodity Index window mid‑January) could force mechanical selling in precious metals later this month, a technical headwind for ETFs. Gold and silver face January headwind as index rebalancing looms
SPDR Gold MiniShares Trust Price Performance
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.
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