Commonwealth Equity Services LLC increased its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 51.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 298,625 shares of the company’s stock after acquiring an additional 101,812 shares during the period. Commonwealth Equity Services LLC owned about 0.10% of SPDR Gold MiniShares Trust worth $22,830,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of GLDM. Empower Advisory Group LLC bought a new position in SPDR Gold MiniShares Trust in the 2nd quarter valued at $336,022,000. 3EDGE Asset Management LP raised its stake in shares of SPDR Gold MiniShares Trust by 43.0% during the 2nd quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock worth $144,905,000 after purchasing an additional 664,523 shares during the period. CWM LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 508.4% in the 3rd quarter. CWM LLC now owns 781,531 shares of the company’s stock worth $59,748,000 after buying an additional 653,080 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 3,304.3% in the 2nd quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after buying an additional 618,690 shares during the last quarter. Finally, Diversify Advisory Services LLC grew its position in SPDR Gold MiniShares Trust by 4,571.8% during the second quarter. Diversify Advisory Services LLC now owns 469,752 shares of the company’s stock valued at $31,130,000 after buying an additional 459,697 shares during the period.
SPDR Gold MiniShares Trust Stock Performance
NYSEARCA GLDM opened at $88.58 on Friday. SPDR Gold MiniShares Trust has a 52-week low of $52.63 and a 52-week high of $90.07. The company has a 50-day simple moving average of $83.76 and a 200 day simple moving average of $75.49.
More SPDR Gold MiniShares Trust News
- Positive Sentiment: Geopolitical risk is keeping gold bids intact, supporting safe-haven demand that typically benefits GLDM. Gold Steady, Underpinned by Geopolitical Risks
- Positive Sentiment: Technical momentum looks constructive: gold is consolidating above rising short-term averages, suggesting buyers are defending support — a tailwind for GLDM. Gold (XAU/USD) Price Forecast: Bull Trend Holds Above Key Averages
- Positive Sentiment: Prominent bullish commentary (e.g., a high-profile trader predicting a multi-year rally) can lift investor sentiment and retail flows into GLDM. EXCLUSIVE: ‘Big Short’ Star Danny Moses Predicts Gold Monster Rally — Prices ‘Will Double From Here’
- Positive Sentiment: Macro/ geopolitical shocks (e.g., Venezuelan political developments) have recently reignited precious-metals buying, supporting ETF flows into GLDM. Gold and Silver Prices Are Surging Again Following Venezuela Developments
- Positive Sentiment: Some house forecasts remain extremely bullish (HSBC sees a very large H1 target), which can influence longer-term allocation into gold ETFs like GLDM. Gold price could reach $5,050/oz in H1 2026, but H2 correction could be deeper – HSBC
- Neutral Sentiment: Intraday technical guides and market-analysis pieces provide trading levels for active traders but are informational rather than immediate drivers of ETF flows. Gold market analysis for January 8 – key intra-day price entry levels for active traders
- Neutral Sentiment: Silver’s weakness and mixed chart patterns add cross-metals noise; GLDM is exposed indirectly through overall precious-metals sentiment. Gold rebounds, silver sharply down amid bearish chart pattern
- Negative Sentiment: Index rebalancing in mid-January could trigger roughly $6.8B of futures liquidation, creating technical selling pressure that can weigh on GLDM temporarily. Gold (XAUUSD) Price Forecast: Gold Price Set for Pullback as $6.8B Rebalancing Begins Jan 9
- Negative Sentiment: Deutsche Bank and others warn that commodity-index rebalances tend to channel selling into precious metals, a near-term headwind for GLDM inflows. Gold and silver face January headwind as index rebalancing looms
- Negative Sentiment: Profit-taking and stronger U.S. data (jobs/PMI) have pressured gold at times this week, showing GLDM can be vulnerable to upside reversals when risk assets or yields strengthen. Spot gold trades near session low after ISM Services PMI rises to 54.4 in December
SPDR Gold MiniShares Trust 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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