Baker Tilly Wealth Management LLC boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 6.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,424 shares of the company’s stock after acquiring an additional 5,948 shares during the period. SPDR Gold MiniShares Trust makes up approximately 2.0% of Baker Tilly Wealth Management LLC’s holdings, making the stock its 8th largest holding. Baker Tilly Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,317,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Gradient Investments LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 11.0% during the 4th quarter. Gradient Investments LLC now owns 1,101,614 shares of the company’s stock worth $94,045,000 after purchasing an additional 108,775 shares in the last quarter. Genesis Private Wealth LLC raised its stake in shares of SPDR Gold MiniShares Trust by 11.4% in the fourth quarter. Genesis Private Wealth LLC now owns 3,687 shares of the company’s stock valued at $315,000 after purchasing an additional 377 shares in the last quarter. Signet Financial Management LLC raised its stake in shares of SPDR Gold MiniShares Trust by 4.4% in the fourth quarter. Signet Financial Management LLC now owns 9,031 shares of the company’s stock valued at $771,000 after purchasing an additional 379 shares in the last quarter. MKT Advisors LLC lifted its position in SPDR Gold MiniShares Trust by 6.8% in the fourth quarter. MKT Advisors LLC now owns 7,799 shares of the company’s stock worth $686,000 after purchasing an additional 495 shares during the period. Finally, Harbor Investment Advisory LLC lifted its position in SPDR Gold MiniShares Trust by 2.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 183,346 shares of the company’s stock worth $15,652,000 after purchasing an additional 4,086 shares during the period.
SPDR Gold MiniShares Trust Price Performance
Shares of SPDR Gold MiniShares Trust stock opened at $89.07 on Monday. The company’s fifty day moving average price is $98.47 and its two-hundred day moving average price is $87.03. SPDR Gold MiniShares Trust has a 52-week low of $58.56 and a 52-week high of $109.74.
Key SPDR Gold MiniShares Trust News
- Positive Sentiment: Middle East tensions have intermittently supported safe‑haven flows into gold, creating short dips that attract buyers and can limit further losses. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Longer‑run structural demand signals — including ETF interest and industry coverage of GLDM — could support future inflows when gold stabilizes. ETF of the Week: SPDR Gold MiniShares Trust (GLDM)
- Positive Sentiment: Initiatives like the World Gold Council’s push for shared infrastructure and tokenized gold markets point to potential demand and new custody/market structures over time. World Gold Council building shared infrastructure
- Neutral Sentiment: Proposed U.S. federal legislation to diversify precious‑metals vault networks could shift custody dynamics for physical gold ETFs, with uncertain near‑term impact on flows. Proposed U.S. federal legislation looks to diversify precious metals vault network
- Neutral Sentiment: Swiss gold exports have fallen to post‑tariff shock lows, a supply datapoint that is interesting for structural balances but not an immediate price driver. Swiss gold exports fall
- Negative Sentiment: Broad selloff in gold this week — described as the largest weekly drop in years — is pressuring GLDM because the ETF tracks spot gold. Momentum and positioning changes are amplifying outflows. Gold sees biggest weekly loss in six years
- Negative Sentiment: Rising US Treasury yields and firmer inflation expectations have reduced the appeal of non‑yielding gold, pressuring prices and GLDM. Analysts link the move to diminished odds of near‑term Fed cuts. Gold Edges Lower on Inflation Concerns
- Negative Sentiment: Technical analysts warn of a support breakdown that could trigger a deeper correction toward lower targets, which would likely keep pressure on GLDM until price stabilizes. Gold (XAU/USD) Price Forecast: Support Breakdown
- Negative Sentiment: Recent oil‑driven moves that pushed yields and the dollar higher are cited as a near‑term catalyst for the gold selloff rather than a fundamental loss of safe‑haven appeal. Frank Talk: Oil shock sends yields higher and gold lower
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.
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