Fortis Capital Advisors LLC Makes New $472,000 Investment in SPDR Gold MiniShares Trust $GLDM

Fortis Capital Advisors LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,178 shares of the company’s stock, valued at approximately $472,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. CFS Investment Advisory Services LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 39.3% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 167,678 shares of the company’s stock worth $13,620,000 after purchasing an additional 47,344 shares in the last quarter. Cabot Wealth Management Inc. increased its position in shares of SPDR Gold MiniShares Trust by 3.2% during the third quarter. Cabot Wealth Management Inc. now owns 72,196 shares of the company’s stock valued at $5,519,000 after acquiring an additional 2,230 shares during the last quarter. Sovran Advisors LLC increased its position in shares of SPDR Gold MiniShares Trust by 11.4% during the 3rd quarter. Sovran Advisors LLC now owns 33,301 shares of the company’s stock valued at $2,652,000 after purchasing an additional 3,404 shares during the last quarter. OneAscent Financial Services LLC purchased a new stake in SPDR Gold MiniShares Trust during the third quarter worth about $246,000. Finally, Cullen Frost Bankers Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 21.4% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 13,940 shares of the company’s stock worth $1,066,000 after purchasing an additional 2,459 shares during the last quarter.

Key Headlines Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold continues to hit new record highs and technical momentum remains bullish, supporting ETF demand and helping lift GLDM. Gold (XAU/USD) Price Forecast: Buyers Maintain Control Above $5,000
• Positive Sentiment: Safe‑haven flows and geopolitical risk have pushed spot gold past $5,100, a major headline driver for gold ETFs including GLDM. Gold races to $5,100 record peak on safe-haven demand
• Positive Sentiment: Large buyers and institutions are adding to gold exposure (e.g., Tether disclosed substantial fourth‑quarter gold purchases), increasing underlying demand for GLDM. Tether says it bought 27 tons of gold in fourth quarter
• Positive Sentiment: Major banks and analysts are raising multi‑year upside targets (some citing $6,000+), fueling bullish investor sentiment toward gold exposures like GLDM. Gold rally has legs – banks lift upside targets to $6,000 and $7,000
• Neutral Sentiment: Economic and sentiment data (e.g., a drop in U.S. consumer confidence) have supported gold as a risk hedge; this is a mixed, data‑driven reason investors buy GLDM. Spot gold above $5,065/oz after U.S. Consumer Confidence falls
• Neutral Sentiment: Intraday commentary shows gold remains supported around the $5,000 level even amid noisy trading; useful for traders but not a clear directional trigger for longer‑term GLDM holders. Gold Price Analysis – Gold Continues to See Support at $5000 Despite Pullback
• Negative Sentiment: Analysts warn of short‑term technical correction and profit‑taking after the recent parabolic advance — a pullback in spot gold would pressure GLDM. Gold Falls on Likely Technical Correction, Possible Profit-Taking
• Negative Sentiment: Some technical reports flag momentum fatigue and a stalled multi‑session rally, increasing the probability of a pullback that could weigh on GLDM in the near term. Gold (XAUUSD) Price Forecast: Rally at Turning Point After Momentum Shows First Signs of Fatigue

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $102.51 on Wednesday. SPDR Gold MiniShares Trust has a 1 year low of $54.38 and a 1 year high of $102.58. The stock’s fifty day moving average price is $87.36 and its two-hundred day moving average price is $78.21.

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.