Financial Life Advisors trimmed its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 14.1% during the first quarter, HoldingsChannel.com reports. The fund owned 65,860 shares of the company’s stock after selling 10,797 shares during the quarter. SPDR Gold MiniShares Trust makes up 1.9% of Financial Life Advisors’ portfolio, making the stock its 17th biggest position. Financial Life Advisors’ holdings in SPDR Gold MiniShares Trust were worth $6,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also added to or reduced their stakes in GLDM. Godfrey Financial Associates Inc. bought a new stake in SPDR Gold MiniShares Trust during the fourth quarter worth $26,000. HHM Wealth Advisors LLC increased its stake in shares of SPDR Gold MiniShares Trust by 236.7% in the 1st quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock valued at $28,000 after purchasing an additional 213 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of SPDR Gold MiniShares Trust by 548.2% in the 4th quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock valued at $31,000 after purchasing an additional 307 shares during the last quarter. Networth Advisors LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter worth $33,000. Finally, Gould Capital LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 377.8% during the 3rd quarter. Gould Capital LLC now owns 516 shares of the company’s stock worth $39,000 after buying an additional 408 shares in the last quarter.
Key SPDR Gold MiniShares Trust News
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: China’s central bank added 15 tonnes of gold reserves in June, reinforcing the view that official-sector buying is helping absorb dips and support the long-term gold market. China’s central bank buys the dip, increasing gold reserves 15 tonnes in June
- Positive Sentiment: Several analysts said the recent correction may have reset sentiment rather than ended the bull case, with some still projecting materially higher gold prices if central-bank demand and macro uncertainty persist. Gold correction has reset the market, but MKS’ Shiels still sees $4,500 average price in 2026
- Positive Sentiment: Gold is holding above key support levels and some technical forecasts now suggest the metal may be forming a bottom, which could help GLDM stabilize if buyers continue to defend recent lows. Gold Price Forecast: Why the Next Major Move Could Target $7,000+
- Neutral Sentiment: Gold is attempting a recovery, but the move remains capped by major resistance levels, so the near-term direction for GLDM is still uncertain. Gold (XAU/USD) Price Forecast: Recovery Attempt Tests Major Trend Barriers
- Neutral Sentiment: Gold prices have been oscillating around key technical floors, with traders waiting for confirmation that the recent selloff has fully run its course. Gold Price Analysis – Gold Clings to $4,000 Floor Facing Heavy Moving Average Resistance
- Negative Sentiment: Short-term trading remains challenged by rising Treasury yields, a firmer dollar, and reports that gold fell as investors awaited Fed minutes, all of which can weigh on GLDM in the near term. Gold Falls as Investors Await Fed Minutes
- Negative Sentiment: Gold also slipped in some sessions as stronger yields and oil-market strength pressured precious metals, reinforcing the recent downside bias in GLDM. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Lower As Treasury Yields Rise
SPDR Gold MiniShares Trust Stock Performance
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.
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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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