ArborFi Advisors LLC bought a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 8,299 shares of the company’s stock, valued at approximately $634,000.
Other large investors also recently bought and sold shares of the company. Empower Advisory Group LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth $336,022,000. Sumitomo Mitsui Trust Group Inc. grew its position in SPDR Gold MiniShares Trust by 26.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock worth $1,412,638,000 after acquiring an additional 3,881,643 shares in the last quarter. 3EDGE Asset Management LP grew its position in SPDR Gold MiniShares Trust by 43.0% in the second quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock worth $144,905,000 after acquiring an additional 664,523 shares in the last quarter. CWM LLC increased its stake in SPDR Gold MiniShares Trust by 508.4% during the third quarter. CWM LLC now owns 781,531 shares of the company’s stock worth $59,748,000 after acquiring an additional 653,080 shares during the last quarter. Finally, Corient Private Wealth LLC raised its position in SPDR Gold MiniShares Trust by 3,304.3% during the second quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock valued at $41,763,000 after purchasing an additional 618,690 shares during the period.
SPDR Gold MiniShares Trust Stock Up 3.8%
NYSEARCA:GLDM opened at $106.44 on Thursday. The business has a 50 day simple moving average of $87.87 and a 200-day simple moving average of $78.41. SPDR Gold MiniShares Trust has a 1 year low of $54.38 and a 1 year high of $106.72.
Key Stories Impacting SPDR Gold MiniShares Trust
- Positive Sentiment: Spot gold vaulted to record highs and investors are rotating into bullion as a hedge against macro risk—this is the primary driver lifting GLDM. Gold Breaks Record As Stocks Muddle Through Fed Pause
- Positive Sentiment: Momentum indicators and price forecasts show a sustained bull trend and scope for further upside, supporting continued inflows into gold ETFs like GLDM. Gold (XAU/USD) Price Forecast: Rally Accelerates as Bull Trend Extends
- Positive Sentiment: Major banks and analysts have raised multi‑year targets for gold (some now eyeing $6,000+), which can sustain investor interest and ETF flows. Gold rally has legs – banks lift upside targets to $6,000 and $7,000
- Positive Sentiment: Institutional demand is rising — Tether’s CEO said the firm may allocate as much as 10–15% of its portfolio to physical gold, adding a sizable, secular buyer to the market. Tether CEO aims to allocate up to 15% of its portfolio to gold
- Positive Sentiment: Retail demand and premiums in China show pickup after December import softness—regional retail strength can help underpin prices and ETF flows. China’s net gold imports through Hong Kong fall 24% in December, but premiums and retail demand soars in January
- Neutral Sentiment: Fed messaging is mixed—Powell reiterated Fed credibility even as policymakers hold rates, which could both limit and prolong the gold rally depending on next moves. Powell dismisses gold’s rally above $5,300, says Fed is not losing credibility
- Neutral Sentiment: Some analysts note structural shifts (safe‑haven demand, capital reallocation) rather than a speculative short‑term surge—this suggests sustainability but also makes timing uncertain. Who’s Really Driving Gold Higher and Why It’s Not the West
- Negative Sentiment: Technicals point to elevated pullback risk—several pieces warn of profit‑taking and short‑term corrections after rapid gains, which could weigh on GLDM if gold consolidates. Gold Falls on Likely Technical Correction, Possible Profit-Taking
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.
Read More
- Five stocks we like better than SPDR Gold MiniShares Trust
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.
