SPDR Gold MiniShares Trust $GLDM Position Cut by JNBA Financial Advisors

JNBA Financial Advisors lowered its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 10.6% during the 3rd quarter, Holdings Channel reports. The fund owned 80,364 shares of the company’s stock after selling 9,569 shares during the period. JNBA Financial Advisors’ holdings in SPDR Gold MiniShares Trust were worth $6,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 26.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock valued at $1,412,638,000 after purchasing an additional 3,881,643 shares in the last quarter. Empower Advisory Group LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth about $336,022,000. Asset Management One Co. Ltd. boosted its holdings in shares of SPDR Gold MiniShares Trust by 1.3% in the second quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock valued at $265,720,000 after acquiring an additional 51,172 shares in the last quarter. 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 acquiring an additional 8,380 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in 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 worth $159,121,000 after purchasing an additional 229,479 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

GLDM opened at $91.13 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $53.49 and a 1-year high of $91.90. The business has a 50 day moving average price of $84.95 and a two-hundred day moving average price of $76.36.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: UBS says gold should keep rising on macro and geopolitical risks, supporting medium‑term demand for gold ETFs like GLDM. Gold prices will keep rising on macroeconomics and geopolitical risk – UBS
• Positive Sentiment: Coverage noting GLDM’s historic annual returns versus peers highlights strong investor interest and performance flows into the ETF. GLDM vs. SLV: The Precious Metal ETFs That Just Had Historic Annual Returns
• Positive Sentiment: Recent technical commentary and record highs earlier this week confirm a longer‑term bullish trend in gold that underpins GLDM’s structural case. Gold (XAU/USD) Price Forecast: New Record High Confirms Bull Trend
• Neutral Sentiment: Market commentary points to consolidation and noisy intraday action — higher volatility may create trading opportunities but also increase short‑term tracking error for GLDM. Gold Price Outlook – Gold Sees Consolidation in Early Session
• Neutral Sentiment: CME Group/CME commentary on relative value in precious metals highlights investor rotation themes (gold vs. silver) that could reshape flows into GLDM depending on positioning. Key factors for investors seeking relative value in precious metals in 2026 – CME Group’s Norland
• Negative Sentiment: Most immediate pressure: spot gold slipped below $4,600 and silver retreated after a stronger U.S. dollar and easing U.S.–Iran tensions reduced safe‑haven demand — primary reason GLDM is lower today. Gold (XAUUSD) & Silver Price Forecast: Strong DXY, Iran Calm Push Metals Toward $4,600 and $90 Support
• Negative Sentiment: U.S. economic surprises (Philly Fed, manufacturing, jobless‑claims moves) have lifted the dollar and reduced bullion demand; technical profit‑taking after recent record closes also weighed on prices. Gold Edges Lower Amid Abating Geopolitical Risks

About SPDR Gold MiniShares Trust

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.