SPDR Gold MiniShares Trust $GLDM Shares Sold by Theory Financial LLC

Theory Financial LLC decreased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 65.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,904 shares of the company’s stock after selling 12,949 shares during the period. Theory Financial LLC’s holdings in SPDR Gold MiniShares Trust were worth $640,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Silver Oak Securities Incorporated raised its holdings in shares of SPDR Gold MiniShares Trust by 0.7% in the first quarter. Silver Oak Securities Incorporated now owns 14,763 shares of the company’s stock worth $1,368,000 after acquiring an additional 108 shares during the last quarter. Verus Capital Partners LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 1.1% during the fourth quarter. Verus Capital Partners LLC now owns 10,046 shares of the company’s stock valued at $858,000 after acquiring an additional 111 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its position in SPDR Gold MiniShares Trust by 0.8% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock worth $1,208,000 after purchasing an additional 112 shares in the last quarter. Absolute Capital Management LLC increased its position in SPDR Gold MiniShares Trust by 2.3% during the 4th quarter. Absolute Capital Management LLC now owns 4,956 shares of the company’s stock worth $423,000 after purchasing an additional 112 shares in the last quarter. Finally, One Charles Private Wealth Services LLC raised its stake in SPDR Gold MiniShares Trust by 0.5% in the 4th quarter. One Charles Private Wealth Services LLC now owns 25,976 shares of the company’s stock valued at $2,218,000 after purchasing an additional 120 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $80.24 on Thursday. The firm has a 50-day moving average price of $85.45 and a 200 day moving average price of $91.67. SPDR Gold MiniShares Trust has a twelve month low of $64.71 and a twelve month high of $109.74.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Gold benefited from softer U.S. consumer and producer inflation data, which pressured yields and the dollar and improved the outlook for non-yielding assets like gold. Gold edges higher, silver slips as oil keeps inflation risk alive – Kitco PM Report
• Positive Sentiment: Geopolitical and oil-market risks are keeping inflation concerns alive, which can support safe-haven demand for gold. Gold steadies above $4,000 as PPI cools, yields rise – Kitco AM Report
• Positive Sentiment: Several strategists said central bank buying and policy uncertainty remain supportive for gold, even as the metal consolidates below resistance. Gold (XAUUSD) & Silver Price Forecast: Is $4,000 Gold’s Next Bounce or Breakdown?
• Neutral Sentiment: Gold is still facing resistance around the $4,100 area, suggesting the recent rebound may need stronger momentum to extend further. Gold holds firm above $4,000 as investors look beyond inflation fears – Saxo’s Hansen
• Neutral Sentiment: Technical commentary remains mixed, with some forecasts warning that gold is still trapped below resistance while others see signs of a possible reversal. Gold (XAU/USD) Price Forecast: Can Gold Break Out Above Key Resistance?
• Negative Sentiment: Higher Treasury yields at times continue to cap gold’s upside, which can weigh on GLDM if rates keep climbing. Gold Flat Amid Rising Oil Prices

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.