Detalus Advisors LLC raised its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 34.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 91,003 shares of the company’s stock after purchasing an additional 23,109 shares during the period. SPDR Gold MiniShares Trust comprises approximately 1.8% of Detalus Advisors LLC’s portfolio, making the stock its 9th biggest holding. Detalus Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $6,957,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in the company. Deane Retirement Strategies Inc. grew its stake in SPDR Gold MiniShares Trust by 126.4% in the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after acquiring an additional 187 shares during the last quarter. ORG Partners LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the second quarter valued at approximately $28,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $31,000. Atlantic Union Bankshares Corp purchased a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $31,000. Finally, Financial Consulate Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth approximately $34,000.
SPDR Gold MiniShares Trust News Summary
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 Stock Up 1.5%
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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