Wealthfront Advisers LLC lifted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 456.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,340 shares of the company’s stock after purchasing an additional 17,503 shares during the quarter. Wealthfront Advisers LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,631,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of GLDM. Deane Retirement Strategies Inc. increased its stake in SPDR Gold MiniShares Trust by 126.4% during the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after buying an additional 187 shares during the period. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $31,000. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Gold MiniShares Trust in the second quarter valued at approximately $31,000. Financial Consulate Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at approximately $34,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at approximately $36,000.
SPDR Gold MiniShares Trust Stock Performance
GLDM opened at $99.61 on Friday. The business has a 50 day moving average price of $91.70 and a two-hundred day moving average price of $81.09. SPDR Gold MiniShares Trust has a 1-year low of $56.10 and a 1-year high of $109.74.
More SPDR Gold MiniShares Trust News
- Positive Sentiment: U.S. inflation cooled in January, helping gold reclaim momentum and test resistance near $5,000 — a key catalyst lifting gold‑linked ETF flows. Gold prices testing resistance just below $5,000 as US inflation cools in January
- Positive Sentiment: Analysts and market commentary show gold has climbed back above $5,000 following CPI-driven buying, supporting demand for GLDM as a liquid exposure to bullion. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Climbed Back Above $5000
- Positive Sentiment: Technical studies note bullish structure (higher highs, support from key moving averages) and targets that could extend upside for bullion and GLDM if momentum holds. Gold (XAU/USD) Price Forecast: Strength Emerging Above Key Support
- Neutral Sentiment: Macro/market outlooks flag a structurally bullish case for gold driven by dollar weakness and 2026 tail risks, but note several macro scenarios that could alter the path. 2026 Market Outlook: DXY Weakness, Gold’s New Floor, and Bitcoin Consolidation
- Neutral Sentiment: Intraday analyses provide short‑term entry/exit levels for traders — useful for tactical ETF flows but not definitive for a sustained trend. Gold market analysis for February 13 – key intra-day price entry levels for active traders
- Negative Sentiment: Markets remain volatile — recent rapid sell‑offs and a prior ~3% plunge show gold can reverse quickly if data surprises to the upside on inflation or risk‑on flows return. That volatility can compress GLDM premiums/discounts and trigger outflows. Gold, silver sell off rapidly; reasons are unknown
- Negative Sentiment: Analysts warn that a hotter CPI print or a longer Fed pause / policy shift could reduce gold’s appeal and prompt pullbacks from current levels. Gold Falls on Prospects of Long Fed Pause
- Negative Sentiment: Rapid growth in Chinese gold ETF holdings is a bullish demand story but also a source of “hot money” that can amplify swings if sentiment changes. How China’s ‘unruly’ speculators might be fueling the frenzy in gold market
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.
Further Reading
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- The day the gold market broke
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