3EDGE Asset Management LP Acquires 488,576 Shares of SPDR Gold MiniShares Trust $GLDM

3EDGE Asset Management LP lifted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 22.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,700,196 shares of the company’s stock after buying an additional 488,576 shares during the quarter. SPDR Gold MiniShares Trust makes up about 11.7% of 3EDGE Asset Management LP’s investment portfolio, making the stock its largest holding. 3EDGE Asset Management LP owned approximately 0.94% of SPDR Gold MiniShares Trust worth $206,430,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Deane Retirement Strategies Inc. boosted its stake in SPDR Gold MiniShares Trust by 126.4% during 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 2nd quarter valued at about $28,000. Financial Consulate Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at about $34,000. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter worth about $31,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in SPDR Gold MiniShares Trust in the third quarter worth about $36,000.

Key SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Gold price forecasts and institutional calls are rising — Goldman Sachs raised its 2026 gold target to $5,400/oz, a high-profile bullish revision that supports ETF demand and long-term investor interest in GLDM. Goldman Sachs raises 2026 gold price target to $5,400/oz as private sector joins central bank diversification strategy
• Positive Sentiment: Technical breakout and momentum: analysts and technical reports point to a breakout toward the next resistance zone (analysts eyeing $4,900–$5,000 per ounce), which tends to draw momentum traders and ETF inflows into GLDM. Gold (XAU/USD) Price Forecast: Breakout Targets Next Resistance Zone
• Positive Sentiment: Safe-haven demand from geopolitics and dollar weakness continues to underpin gold — reports cite record highs and renewed safe-haven buying after geopolitical headlines, supporting GLDM flows. Gold breaks new record on Greenland tariff threats, with forecast of $7,000 on the cards
• Neutral Sentiment: Short-term consolidation possible — some market notes show rallies stalling at resistance and intra‑day traders eyeing entry levels; this can mean choppy action for GLDM even as the longer trend remains up. Gold (XAU/USD) Price Forecast: Rally Stalls Near Key Resistance Zone
• Neutral Sentiment: Macro data mixed — reports that US growth and a resilient labor market have trimmed some intraday gains indicate economic prints could intermittently cap upside for gold and GLDM. Gold session highs as U.S. final Q3 GDP rises 4.4%
• Negative Sentiment: Easing geopolitical tensions can reduce safe‑haven demand — coverage that tensions between the U.S. and Europe over Greenland eased has triggered pullbacks in gold, which can pressure short-term ETF flows out of GLDM. Gold Falls Amid Easing U.S.-Europe Tensions Over Greenland
• Negative Sentiment: Improving risk appetite and profit-taking episodes have led to short-term softness in gold in a few reports — these dynamic swings can cause periodic outflows from GLDM. Gold price slightly down as risk appetite improves

SPDR Gold MiniShares Trust Price Performance

Shares of SPDR Gold MiniShares Trust stock opened at $97.32 on Friday. The business has a 50-day moving average price of $86.16 and a 200 day moving average price of $77.32. SPDR Gold MiniShares Trust has a fifty-two week low of $54.10 and a fifty-two week high of $97.53.

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.