SPDR Gold MiniShares Trust $GLDM is Bush Investment Group LLC’s 7th Largest Position

Bush Investment Group LLC lifted its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 42.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 73,182 shares of the company’s stock after purchasing an additional 21,983 shares during the quarter. SPDR Gold MiniShares Trust comprises approximately 3.3% of Bush Investment Group LLC’s portfolio, making the stock its 7th largest holding. Bush Investment Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $5,595,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Deane Retirement Strategies Inc. grew its position in SPDR Gold MiniShares Trust by 126.4% during the third quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock worth $26,000 after buying an additional 187 shares in the last quarter. Accredited Wealth Management LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 174.4% in the 3rd quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after acquiring an additional 218 shares in the last quarter. Financial Consulate Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at about $34,000. Family Legacy Financial Solutions LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at about $36,000. Finally, Evolution Wealth Management Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 55.1% during the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 174 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $95.81 on Thursday. The business has a 50-day moving average of $98.41 and a 200-day moving average of $86.61. SPDR Gold MiniShares Trust has a 12 month low of $58.56 and a 12 month high of $109.74.

SPDR Gold MiniShares Trust News Roundup

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

• Positive Sentiment: Early-session technical bounce flagged by the WSJ could produce a short-covering uplift for gold and GLDM if buyers step in after yesterday’s drop. Gold Rises on Likely Technical Recovery
• Positive Sentiment: Some analysts still see multi‑month upside for gold, arguing safe‑haven demand and longer‑term macro risks could support further gains — a bullish backdrop for GLDM if that view wins out. Some Experts See More Gains for Gold Ahead—but Others Warn of an ‘Overcrowded’ Trade
• Neutral Sentiment: The Fed left rates unchanged but signaled expectations for lower rates later, which is a mixed input for gold — it can be supportive longer term but markets are focused on near‑term Fed language and data. Gold prices remain stuck below $5k as Federal leaves rates unchanged still sees lower rates this year
• Neutral Sentiment: Practical note for long‑term holders: high markups and fees in some physical gold/IRA products can erode returns, but GLDM (an ETF) avoids many of those custody/markup issues. Gold IRA fees explained (spreads, storage, custodians) — what’s normal?
• Negative Sentiment: Hot U.S. inflation/PPI prints pushed real‑rate expectations higher, which pressured gold and knocked GLDM lower as investors re‑price rate odds. Hot U.S. inflation report sinks gold, silver
• Negative Sentiment: Technical deterioration: gold broke below the 50‑day moving average and is testing key support zones — technical traders may accelerate selling if those levels fail. Gold (XAU/USD) Price Forecast: Bearish Momentum Pushes Below 50-Day Average
• Negative Sentiment: Market positioning and pre‑FOMC adjustments have amplified volatility; WSJ notes traders were trimming positions ahead of the Fed, which can deepen intraday declines in gold‑linked ETFs. Gold Edges Lower on Possible Position Adjustments Before FOMC Decision

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.