Ashton Thomas Private Wealth LLC Purchases 8,284 Shares of SPDR Gold MiniShares Trust $GLDM

Ashton Thomas Private Wealth LLC increased its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 29.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 36,703 shares of the company’s stock after acquiring an additional 8,284 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,806,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in GLDM. Penserra Capital Management LLC raised its position in shares of SPDR Gold MiniShares Trust by 21.6% in the third quarter. Penserra Capital Management LLC now owns 236,985 shares of the company’s stock valued at $18,117,000 after purchasing an additional 42,112 shares during the period. Cornerstone Planning Group LLC purchased a new position in SPDR Gold MiniShares Trust in the 3rd quarter valued at approximately $218,000. Compass Financial Services Inc raised its holdings in SPDR Gold MiniShares Trust by 253.4% during the 3rd quarter. Compass Financial Services Inc now owns 7,940 shares of the company’s stock valued at $607,000 after acquiring an additional 5,693 shares during the period. Physician Wealth Advisors Inc. lifted its position in shares of SPDR Gold MiniShares Trust by 62.6% during the third quarter. Physician Wealth Advisors Inc. now owns 96,407 shares of the company’s stock worth $7,370,000 after acquiring an additional 37,103 shares in the last quarter. Finally, Raleigh Capital Management Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth $123,000.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Ongoing central-bank purchases and upgraded analyst forecasts underpin medium‑to‑longer-term gold demand, providing structural support for GLDM. Analysts ramp up gold forecasts
• Positive Sentiment: CIBC published a bullish scenario projecting much higher average gold prices, which can steady investor sentiment in ETFs like GLDM if the outlook persists. CIBC sees gold averaging $6,000/oz
• Positive Sentiment: Geopolitical risk (U.S.–Iran tensions) has earlier supported dip-buying in gold, a tailwind that can limit downside for GLDM during sudden risk events. Gold Rises on Possible Dip-Buying
• Neutral Sentiment: Barrick’s plan to spin off North American assets via IPO is important for miners but has limited direct impact on GLDM, which tracks bullion rather than mining equities. Barrick Aims for IPO
• Neutral Sentiment: Growing interest in tokenized gold could broaden investor access over time, a structural positive but not an immediate driver of GLDM intraday moves. MKS PAMP Capitalizing on Tokenized Gold
• Negative Sentiment: WSJ reports that a selloff in cryptocurrencies triggered spillover selling into gold in Asian trade, pressuring prices and hurting GLDM flows. Gold Falls on Spillover From Crypto Selloff
• Negative Sentiment: Silver’s sharp deleveraging and large intramarket liquidations have dragged precious‑metals sentiment lower, amplifying outflows from gold ETFs including GLDM. Silver Dives on Deleveraging
• Negative Sentiment: Technical signs — a recent bearish reversal and failure to sustain a breakout around key resistance — plus dollar strength and Fed‑rate signals have prompted profit‑taking, increasing near‑term volatility for GLDM. Uncertainty After Bearish Reversal

SPDR Gold MiniShares Trust Trading Down 2.6%

Shares of NYSEARCA GLDM opened at $95.21 on Friday. SPDR Gold MiniShares Trust has a fifty-two week low of $56.10 and a fifty-two week high of $109.74. The stock has a fifty day moving average of $89.79 and a 200-day moving average of $79.63.

About SPDR Gold MiniShares Trust

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.