SPDR Gold MiniShares Trust $GLDM Stock Bought by MMA Asset Management LLC

MMA Asset Management LLC lifted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 316.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 17,540 shares of the company’s stock after acquiring an additional 13,327 shares during the quarter. MMA Asset Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,441,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. boosted its holdings in shares of SPDR Gold MiniShares Trust by 288.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock valued at $25,000 after buying an additional 199 shares in the last quarter. Guardian Partners Inc. purchased a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at $44,000. Evergreen Advisors LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at $49,000. First Bancorp Inc ME acquired a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth $51,000. Finally, Compass Financial Management LLC acquired a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth $53,000.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Gold climbed above $4,100 as falling Treasury yields and a weaker dollar encouraged buying after the U.S. midterm elections. Lower yields and dollar weakness can support GLDM by making gold more attractive to investors. Gold climbs above $4,100 as falling yields and softer labor costs support bullion
• Positive Sentiment: Central banks added 321.2 metric tons of gold in the quarter through September, slightly more than jewelry buyers purchased, pointing to strong institutional demand that may underpin prices. Central banks bought more gold than the world’s jewelry buyers
• Positive Sentiment: The World Bank expects gold to remain above $4,000 through 2028, supporting the longer-term outlook, although it cautions that gains may be less dramatic than in 2026. World Bank sees gold holding above $4,000 through 2028
• Neutral Sentiment: Gold’s rebound has reclaimed key technical levels, but analysts say it still needs to overcome resistance and its broader declining trend to confirm a sustained reversal. Gold bullish reversal challenges downtrend
• Negative Sentiment: Elevated real yields and the upcoming U.S. jobs report could challenge gold’s momentum; a strong labor reading may reinforce expectations for tighter monetary policy and weigh on GLDM. Gold faces $4,200 barrier as real yields challenge the rally

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM opened at $81.06 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $76.54 and a 1-year high of $109.74. The firm has a fifty day moving average price of $83.28 and a 200 day moving average price of $88.78.

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.