Mutual Advisors LLC grew its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 136.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,928 shares of the company’s stock after acquiring an additional 22,430 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,172,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Transcend Capital Advisors LLC purchased a new stake in SPDR Gold MiniShares Trust in the third quarter valued at approximately $243,000. Wealthgarden F.S. LLC grew its stake in SPDR Gold MiniShares Trust by 18.7% in the 3rd quarter. Wealthgarden F.S. LLC now owns 3,673 shares of the company’s stock worth $281,000 after buying an additional 578 shares in the last quarter. Financial Life Advisors increased its holdings in shares of SPDR Gold MiniShares Trust by 4.8% in the 3rd quarter. Financial Life Advisors now owns 76,294 shares of the company’s stock worth $5,833,000 after buying an additional 3,513 shares during the last quarter. Impact Partnership Wealth LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at $206,000. Finally, Wealth Management Nebraska lifted its holdings in shares of SPDR Gold MiniShares Trust by 33.7% during the 3rd quarter. Wealth Management Nebraska now owns 21,190 shares of the company’s stock worth $1,620,000 after acquiring an additional 5,343 shares during the last quarter.
SPDR Gold MiniShares Trust Trading Down 4.2%
Shares of NYSEARCA:GLDM opened at $91.99 on Tuesday. SPDR Gold MiniShares Trust has a 52-week low of $55.72 and a 52-week high of $109.74. The firm has a fifty day moving average of $88.91 and a 200 day moving average of $79.17.
Key Headlines Impacting SPDR Gold MiniShares Trust
- Positive Sentiment: Gold and silver staged a technical rebound after two sessions of heavy selling, with dip-buying and renewed buyer interest supporting prices — a direct tailwind for GLDM. Gold, Silver Bounce Back After Sharp Selloff
- Positive Sentiment: Analysts and outlets note that the thematic drivers for gold (central bank demand, safe-haven flows) remain intact despite the rout, bolstering the case for a continued recovery in gold-linked ETFs like GLDM. Gold and silver rebound after historic wipeout as analysts say thematic drivers stay intact
- Positive Sentiment: Major banks remain bullish on longer-term gold prices — J.P. Morgan reiterated a multiyear price outlook that implies substantially higher gold averages, which supports demand for physical-gold ETFs such as GLDM. J.P. Morgan expects gold prices to reach $6,300/oz by end 2026
- Neutral Sentiment: Demand for tokenized (digital) gold is rising amid the recent price surge, which could broaden investor access to gold exposure and indirectly support GLDM flows — but experts warn tokenized gold carries custody and regulatory risks that differ from physical-ETF ownership. Precious metal price fluctuations could test fast-growing gold token market
- Negative Sentiment: Political and Fed-driven volatility remains a near-term downside risk — markets previously dumped gold after President Trump’s Fed nominee stoked expectations for tighter policy and a stronger dollar, which can pressure GLDM when rate and dollar moves dominate sentiment. Trump’s Fed Pick Is Spooking Markets. Why Stocks, Bitcoin, Gold Are Reacting to Warsh.
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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