Courier Capital LLC Sells 6,404 Shares of SPDR Gold MiniShares Trust $GLDM

Courier Capital LLC decreased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 80,735 shares of the company’s stock after selling 6,404 shares during the quarter. Courier Capital LLC’s holdings in SPDR Gold MiniShares Trust were worth $6,892,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. U.S. Capital Wealth Advisors LLC increased its position in SPDR Gold MiniShares Trust by 0.8% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock valued at $1,208,000 after acquiring an additional 112 shares during the period. EverSource Wealth Advisors LLC increased its position in SPDR Gold MiniShares Trust by 34.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $43,000 after acquiring an additional 145 shares during the period. Meredith Wealth Planning increased its position in SPDR Gold MiniShares Trust by 3.8% in the 4th quarter. Meredith Wealth Planning now owns 4,197 shares of the company’s stock valued at $358,000 after acquiring an additional 152 shares during the period. Evolution Wealth Management Inc. increased its position in SPDR Gold MiniShares Trust by 55.1% in the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 174 shares during the period. Finally, Crews Bank & Trust increased its position in SPDR Gold MiniShares Trust by 2.1% in the 4th quarter. Crews Bank & Trust now owns 8,450 shares of the company’s stock valued at $721,000 after acquiring an additional 175 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $93.34 on Friday. SPDR Gold MiniShares Trust has a 52-week low of $62.70 and a 52-week high of $109.74. The firm has a 50 day moving average price of $96.27 and a two-hundred day moving average price of $90.16.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Session highs in spot gold after Consumer Sentiment ticked up and one‑year inflation expectations fell, giving bullion a near‑term lift and supporting GLDM demand. Spot gold at session highs after Consumer Sentiment ticks up
• Positive Sentiment: Central bank buying remains a structural support (reports of steady monthly purchases), which underpins bullion ETFs like GLDM even amid short‑term volatility. Gold & Silver price forecast — central banks buying
• Positive Sentiment: A high‑profile academic argues inflation is being misread and sees much higher gold long‑term, which can lift investor appetite for GLDM as an inflation hedge. Wall Street misreading inflation, gold seen reaching $7,000
• Neutral Sentiment: Gold trading near steady while markets assess geopolitics — ongoing tensions keep a floor under prices but also create volatility rather than clear directional momentum. Gold price near steady as traders assess geopolitics
• Negative Sentiment: Technical breakdowns (rising‑wedge failure) and analyst charts point to lower near‑term targets, increasing short‑term selling pressure on gold and GLDM. Rising wedge breakdown pressure builds
• Negative Sentiment: Macro headwinds — rising Treasury yields, a firmer U.S. dollar and an oil‑driven jump in inflation fears — have reduced gold’s appeal and pressured prices this week. Gold price future clouded by oil spike and rate outlook
• Negative Sentiment: Physical selling: Azerbaijan’s sovereign fund sold nearly 22 tonnes of gold in Q1, adding supply into the market and weighing on prices. Azerbaijan sells nearly 22 tonnes

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.