Entrewealth LLC Grows Stock Position in SPDR Gold MiniShares Trust $GLDM

Entrewealth LLC raised its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 12.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,811 shares of the company’s stock after purchasing an additional 7,312 shares during the period. SPDR Gold MiniShares Trust accounts for 2.6% of Entrewealth LLC’s portfolio, making the stock its 13th largest position. Entrewealth LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,955,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 26.6% during the 3rd 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 during the period. Empower Advisory Group LLC acquired a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at $336,022,000. 3EDGE Asset Management LP increased its holdings in SPDR Gold MiniShares Trust by 22.1% in the 3rd quarter. 3EDGE Asset Management LP now owns 2,700,196 shares of the company’s stock valued at $206,430,000 after purchasing an additional 488,576 shares in the last quarter. State Street Corp raised its position in SPDR Gold MiniShares Trust by 0.3% in the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after purchasing an additional 8,380 shares during the period. Finally, Ameriprise Financial Inc. raised its position in SPDR Gold MiniShares Trust by 10.4% in the second quarter. Ameriprise Financial Inc. now owns 2,429,541 shares of the company’s stock valued at $159,121,000 after purchasing an additional 229,479 shares during the period.

SPDR Gold MiniShares Trust Trading Up 1.6%

GLDM opened at $101.97 on Friday. The firm’s 50 day moving average is $96.26 and its 200-day moving average is $84.63. SPDR Gold MiniShares Trust has a 52-week low of $57.05 and a 52-week high of $109.74.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Weak U.S. payrolls and other economic misses are pushing investors into gold as a hedge, supporting GLDM inflows and price gains. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Non Farm Payrolls Miss Estimates
• Positive Sentiment: Kitco reports a notable jump in gold after the U.S. economy lost 92K jobs, a direct catalyst for safe‑haven buying that benefits GLDM. Gold prices jump as the U.S. economy loses 92k jobs
• Positive Sentiment: Slowing U.S. retail sales reinforced recession/weakness concerns, helping gold rally intraday—another supportive input for GLDM demand. Gold rallies near session highs after U.S. retail sales drop -0.2% in January
• Positive Sentiment: ETF-focused commentary highlights rising inflation fears (driven by oil) and fading rate‑cut expectations, encouraging investors to use ETFs like GLDM as inflation/defensive exposure. Inflation Pressure Intensifying? ETFs May Help Stay Prepared
• Neutral Sentiment: Geopolitical volatility (U.S.–Iran) continues to keep gold volatile — it can lift GLDM on risk spikes but hasn’t produced consistent, sustained safe‑haven flows. Dollar, bonds, or gold – which is the safest haven to hold?
• Negative Sentiment: Technical analysts warn of bearish wedge breakouts and measured downside targets for gold—signals that could pressure GLDM if momentum confirms. Gold (XAU/USD) Price Forecast: Wedge Breakout Suggests Further Downside
• Negative Sentiment: Additional technical pieces note a bearish breakdown and key support tests ahead; sustained technical weakness would be a headwind for GLDM flows. Gold (XAU/USD) Price Forecast: Bearish Wedge Breakdown Signals Key Support Tests
• Negative Sentiment: Reports that a major sovereign buyer may start selling gold to fund defense spending create a potential structural supply/demand risk that could weigh on GLDM if realized. The world’s biggest sovereign gold buyer might start selling to double defense budget

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.