SPDR Gold MiniShares Trust $GLDM is Austin Wealth Management LLC’s 7th Largest Position

Austin Wealth Management LLC grew its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 276,759 shares of the company’s stock after buying an additional 7,765 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 3.5% of Austin Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Austin Wealth Management LLC owned 0.10% of SPDR Gold MiniShares Trust worth $22,473,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Empower Advisory Group LLC bought a new position in shares of SPDR Gold MiniShares Trust in the second quarter worth about $336,022,000. Sumitomo Mitsui Trust Group Inc. grew its stake 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 purchasing an additional 3,881,643 shares in the last quarter. 3EDGE Asset Management LP increased its holdings in SPDR Gold MiniShares Trust by 43.0% during the 2nd quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock worth $144,905,000 after purchasing an additional 664,523 shares during the period. CWM LLC raised its position in SPDR Gold MiniShares Trust by 508.4% during the 3rd quarter. CWM LLC now owns 781,531 shares of the company’s stock valued at $59,748,000 after purchasing an additional 653,080 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 3,304.3% in the 2nd quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after buying an additional 618,690 shares during the period.

SPDR Gold MiniShares Trust Price Performance

GLDM opened at $98.06 on Friday. SPDR Gold MiniShares Trust has a 12-month low of $56.10 and a 12-month high of $109.74. The business’s fifty day simple moving average is $90.08 and its 200-day simple moving average is $79.93.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: World Gold Council data show ETF investors didn’t flee after the recent price plunge, indicating resilient demand for gold-backed funds that supports GLDM flows and prices. Gold’s precipitous price drop didn’t spook ETF investors – World Gold Council
• Positive Sentiment: Lower Treasury yields and renewed safe‑haven demand have caught bids in gold, supporting upside on dips and helping GLDM recover after volatile moves. Gold News: Gold Catches a Bid on Lower Yields While Dollar Pressure Stalls Rally
• Positive Sentiment: Macro strategists and banks are still bullish on gold’s longer‑term case (e.g., CIBC’s view of much higher average prices), which lends structural support to gold ETFs like GLDM. CIBC sees gold averaging $6,000 an ounce as safe-haven demand persists
• Neutral Sentiment: Analysts note historic intraday swings but many say the broader bull case for gold remains intact — this explains why GLDM can rebound quickly after sharp drops. Historic swings batter gold and silver, but analysts say the bull case is intact
• Neutral Sentiment: Spot gold updates and consumer‑sentiment reads are moving price levels intraday (spot near $4,900s in recent reports), creating short‑term trading opportunities but not decisive trend shifts on their own. Spot gold at $4,955/oz after preliminary Consumer Sentiment rises to 57.3, but long-term inflation expectations rise again
• Neutral Sentiment: Color/market‑structure stories (e.g., very high local gold prices prompting unusual demand anecdotes) highlight the elevated price environment but have limited direct impact on GLDM flows. Gold prices are so high, a Macau hotel is literally tearing up its floor
• Negative Sentiment: A sharp sell‑off in silver and deleveraging in base/precious metals has spilled into gold at times, creating downside pressure that can weigh on GLDM during risk‑off episodes. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 13% On Deleveraging
• Negative Sentiment: Risk‑off moves tied to crypto and equity selloffs have previously pulled gold down in Asia sessions — these spillovers add to short‑term volatility and can pressure GLDM. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff
• Negative Sentiment: Some strategists warn the parabolic rally could peak and gold could correct substantially — a downside scenario that would be negative for GLDM if realized. Gold could slide to $4,000 as parabolic rally signals peak – BI’s McGlone

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.