Baker Tilly Wealth Management LLC raised its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 14.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,476 shares of the company’s stock after acquiring an additional 11,558 shares during the period. SPDR Gold MiniShares Trust accounts for about 1.6% of Baker Tilly Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. Baker Tilly Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $6,993,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Legacy Capital Wealth Partners LLC lifted its stake in SPDR Gold MiniShares Trust by 0.5% in the second quarter. Legacy Capital Wealth Partners LLC now owns 32,922 shares of the company’s stock valued at $2,157,000 after buying an additional 153 shares during the last quarter. Private Trust Co. NA lifted its position in SPDR Gold MiniShares Trust by 3.9% in the 2nd quarter. Private Trust Co. NA now owns 4,112 shares of the company’s stock valued at $269,000 after purchasing an additional 155 shares during the last quarter. Financial Management Professionals Inc. boosted its stake in SPDR Gold MiniShares Trust by 41.7% during the 2nd quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock valued at $39,000 after purchasing an additional 175 shares during the period. First National Trust Co grew its position in SPDR Gold MiniShares Trust by 5.0% in the 2nd quarter. First National Trust Co now owns 4,490 shares of the company’s stock worth $294,000 after purchasing an additional 213 shares during the last quarter. Finally, LexAurum Advisors LLC grew its position in SPDR Gold MiniShares Trust by 4.6% in the 2nd quarter. LexAurum Advisors LLC now owns 4,996 shares of the company’s stock worth $327,000 after purchasing an additional 219 shares during the last quarter.
SPDR Gold MiniShares Trust News Summary
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Fed‑cut expectations and weaker inflation prints are boosting gold’s appeal, creating upside potential for gold ETFs like GLDM as traders price a Fed easing that favors non‑yielding bullion. Gold (XAUUSD) Price Forecast: Fed Cut Expectations Put a Fresh Gold Breakout on the Table
- Positive Sentiment: Spot gold spiked after a drop in consumer sentiment and easing inflation expectations, a near‑term price impulse that supports GLDM flows and NAV. Spot gold spikes to $4,343/oz after final Consumer Sentiment falls to 52.9, inflation expectations ease
- Positive Sentiment: ETF demand themes are gaining attention from analysts recommending gold ETFs to ride the rally — a bullish signal for GLDM as investor flows into physical‑backed funds may continue. Gold Gearing Up for Another Solid Run? ETFs to Ride the Trend
- Neutral Sentiment: Gold is trading in a tight, low‑volatility range over several sessions — consolidation that could precede a breakout but also limits immediate directional conviction for ETF holders. Gold (XAU/USD) Price Forecast: Six-Day Tight Range – Low Volatility Consolidation Persists
- Neutral Sentiment: Silver’s strong technical performance and talk that silver could outgain gold may pull some speculative flow away from gold ETFs, creating cross‑metal nuance for GLDM’s relative performance. Silver could outgain gold again in 2026, but may face some early headwinds
- Neutral Sentiment: Political moves in Europe — an Italian panel asserting a “people’s” claim on central‑bank gold — add headline risk and narrative interest in gold reserves but are unlikely to directly change GLDM’s underlying holdings. Italy parliamentary panel approves ‘people’s’ claim on central bank’s gold
- Negative Sentiment: Profit‑taking and failure to sustain weekly breakouts have caused short‑term pullbacks and choppy sessions, which can increase ETF outflows and cap upside for GLDM until a decisive breakout occurs. Gold (XAU/USD) Price Forecast: Lacks Conviction Near Record – 10-Day Support Test Possible
- Negative Sentiment: Session‑level pullbacks and quiet trading days show hesitancy at elevated levels — investors may see higher volatility and short‑term NAV drawdowns in GLDM if momentum stalls. Gold price down a bit, silver solidly up in quieter trading
SPDR Gold MiniShares Trust Stock Up 0.1%
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.
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