Avidian Wealth Enterprises LLC grew its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 68.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,301 shares of the company’s stock after buying an additional 5,806 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,093,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC grew its holdings in SPDR Gold MiniShares Trust by 90.6% during the 1st quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock worth $1,488,000 after acquiring an additional 11,428 shares in the last quarter. Maseco LLP purchased a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $103,000. Norden Group LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 56.5% during the second quarter. Norden Group LLC now owns 21,269 shares of the company’s stock valued at $1,394,000 after purchasing an additional 7,682 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. boosted its stake in shares of SPDR Gold MiniShares Trust by 8.9% during the second quarter. Boyce & Associates Wealth Consulting Inc. now owns 4,623 shares of the company’s stock valued at $303,000 after purchasing an additional 378 shares in the last quarter. Finally, Financial Management Professionals Inc. increased its holdings in SPDR Gold MiniShares Trust by 41.7% during the second quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock valued at $39,000 after buying an additional 175 shares during the period.
Key SPDR Gold MiniShares Trust News
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Geopolitical risk and “sell America” flows are driving strong safe‑haven demand for gold, pushing prices to fresh records and supporting gold ETFs like GLDM. Gold breaks new record on Greenland tariff threats
- Positive Sentiment: Ongoing U.S.-Europe tensions around Greenland have underpinned bullion buying, a direct bullish catalyst for GLDM exposure to physical gold. Gold Rises Amid Ongoing U.S.-Europe Tensions Over Greenland
- Positive Sentiment: Industry commentary points to rising institutional demand as the next leg for gold’s rally — a structural tailwind for GLDM if large asset managers increase allocations. Gold’s next surge will be driven by institutional demand – Sprott’s Ryan McIntyre
- Neutral Sentiment: Technical analysts note the rally has reached key Fibonacci/resistance zones and momentum may pause—this can cause short-term consolidation in GLDM even as the medium‑term trend stays bullish. Gold (XAU/USD) Price Forecast: Rally Stalls Near Key Resistance Zone
- Neutral Sentiment: Market commentary warns of consolidation/technical correction after rapid gains; traders may use pullbacks to rebalance positions in gold ETFs. Gold Consolidates; May Face Technical Correction
- Neutral Sentiment: Intraday price‑level analysis and trading guides highlight tactical entry/exit points — useful for short‑term GLDM traders but less relevant for long-term holders. Gold market analysis for January 21 – key intra-day price entry levels
- Negative Sentiment: A WSJ update indicates easing U.S.-Europe tensions on Greenland could reduce some safe‑haven demand, a headwind that may check further ETF inflows into GLDM. Gold Falls Amid Easing U.S.-Europe Tensions Over Greenland
- Negative Sentiment: Regulatory and environmental actions against specific mines (e.g., Indonesian permit revocations) add sector‑specific risk and could weigh on miner sentiment, indirectly affecting broader precious‑metal ETF flows if supply narratives shift. China-backed power plant, Astra gold mine lose permits in Indonesian environmental crackdown
SPDR Gold MiniShares Trust Price Performance
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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