American Investment Services Inc. Sells 12,711 Shares of SPDR Gold MiniShares Trust $GLDM

American Investment Services Inc. decreased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 563,355 shares of the company’s stock after selling 12,711 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 10.3% of American Investment Services Inc.’s investment portfolio, making the stock its biggest position. American Investment Services Inc. owned about 0.20% of SPDR Gold MiniShares Trust worth $43,068,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in GLDM. AQR Capital Management LLC lifted its position in SPDR Gold MiniShares Trust by 90.6% in the first quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock worth $1,488,000 after purchasing an additional 11,428 shares during the period. Bank of Montreal Can acquired a new stake in SPDR Gold MiniShares Trust during the second quarter worth $205,000. Savant Capital LLC bought a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at $309,000. Prospera Financial Services Inc bought a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at $237,000. Finally, Allworth Financial LP lifted its holdings in shares of SPDR Gold MiniShares Trust by 868.9% during the 2nd quarter. Allworth Financial LP now owns 25,656 shares of the company’s stock worth $1,681,000 after acquiring an additional 23,008 shares during the period.

SPDR Gold MiniShares Trust News Summary

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

• Positive Sentiment: Geopolitical risk (Middle East / Iran tensions) continues to underpin safe‑haven demand for gold, keeping a floor under prices despite other headwinds. Gold & Silver Price Forecast: Iran Tensions Fuel Volatility
• Positive Sentiment: Rising interest in digital bullion — a large Tether Gold position (Antalpha) and profit-taking on that trade highlight continued demand for gold exposure outside traditional ETFs, which can support overall bullion interest. Antalpha moves to take $100 million profit on massive Tether Gold bet
• Positive Sentiment: World Gold Council notes structural resilience in gold supply/price dynamics, a medium‑term bullish argument that supports allocations to gold-backed products like GLDM. Gold supply and price are extremely resistant to depletion
• Neutral Sentiment: Short‑term trading commentary and intraday levels show mixed price action as traders weigh macro data and headlines; these technical updates guide active traders but are not decisive on direction alone. Gold Market Analysis for March 12
• Neutral Sentiment: Reports of mild price gains and pauses suggest episodic dip buying amid risk‑off episodes; these intraday patterns can cause short-lived volatility in GLDM. Mild price gains in gold as market pauses
• Negative Sentiment: Technical analysis points to bearish patterns (bear flag / rising wedge breakdown and bearish flag formations) that analysts say could trigger further downside in spot gold — a direct negative for GLDM. Bear Flag Signals Further Weakness
• Negative Sentiment: Stronger US dollar and rising Treasury yields — driven by renewed hawkish Fed bets and higher oil (inflation expectations) — are weighing on gold prices and are a key reason GLDM is under pressure today. Gold Retreats As Dollar Tests New Highs
• Negative Sentiment: Newsflow citing rising oil pushing inflation expectations higher has increased yields and dented bullion’s appeal as a non‑yielding asset, contributing to selling pressure on gold. Gold Falls as Rising Oil Prices Spur Inflation Worries

SPDR Gold MiniShares Trust Trading Down 1.9%

Shares of SPDR Gold MiniShares Trust stock opened at $100.60 on Friday. The firm’s 50-day simple moving average is $97.56 and its 200-day simple moving average is $85.62. SPDR Gold MiniShares Trust has a twelve month low of $58.33 and a twelve month high of $109.74.

SPDR Gold MiniShares Trust Company 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.