DeDora Capital Inc. Raises Holdings in SPDR Gold MiniShares Trust $GLDM

DeDora Capital Inc. grew its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 369.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,664 shares of the company’s stock after purchasing an additional 43,029 shares during the period. SPDR Gold MiniShares Trust makes up approximately 1.1% of DeDora Capital Inc.’s investment portfolio, making the stock its 24th biggest position. DeDora Capital Inc.’s holdings in SPDR Gold MiniShares Trust were worth $4,667,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GLDM. Farther Finance Advisors LLC grew its stake in shares of SPDR Gold MiniShares Trust by 5.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 541,467 shares of the company’s stock worth $41,395,000 after buying an additional 28,037 shares in the last quarter. Orion Porfolio Solutions LLC grew its stake in shares of SPDR Gold MiniShares Trust by 34.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 38,148 shares of the company’s stock worth $2,499,000 after buying an additional 9,732 shares in the last quarter. Detalus Advisors LLC grew its stake in shares of SPDR Gold MiniShares Trust by 34.0% in the 3rd quarter. Detalus Advisors LLC now owns 91,003 shares of the company’s stock worth $6,957,000 after buying an additional 23,109 shares in the last quarter. Bangor Savings Bank grew its stake in shares of SPDR Gold MiniShares Trust by 2.7% in the 3rd quarter. Bangor Savings Bank now owns 436,528 shares of the company’s stock worth $33,373,000 after buying an additional 11,657 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its stake in shares of SPDR Gold MiniShares Trust by 29.1% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 36,703 shares of the company’s stock worth $2,806,000 after buying an additional 8,284 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA:GLDM opened at $94.38 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $61.71 and a 52 week high of $109.74. The firm has a fifty day simple moving average of $97.01 and a two-hundred day simple moving average of $88.66.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: State Street projects a very bullish long-term gold outlook — analysts say gold could push above $5,000 despite near-term headwinds, supporting sustained investor demand for gold ETFs like GLDM. State Street sees gold pushing above $5,000 despite near-term headwinds
• Positive Sentiment: Macro flows: dollar weakness and falling real yields are lifting gold toward the $4,800 technical area, a dynamic that typically boosts GLDM performance. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests $4800 As Dollar Retreats
• Positive Sentiment: Central bank demand remains supportive — March buying by nations including Poland, Uzbekistan and China signals sustained official-sector accumulation, tightening available supply and underpinning ETF inflows. Central banks snap up cheap gold in March with Poland, Uzbekistan and China buying big – World Gold Council
• Positive Sentiment: Short-term economic data (weekly jobless claims) has softened, supporting near-term safe-haven bids that lift spot gold and, by extension, GLDM. Spot gold trades near highs after U.S. weekly jobless claims rise to 219k
• Neutral Sentiment: Strategic caution: BCA and other analysts highlight elevated short-term tactical risks even as they see upside over 12 months — suggests volatility may persist for GLDM traders. Short-term tactical risks remain elevated, but gold prices can still push higher in the next 12 months – BCA’s Ibrahim
• Neutral Sentiment: Technical and intraday analyses describe choppy, two-sided trading and provide short-term entry/exit levels for active traders — helpful for timing GLDM trades but not a directional guarantee. Gold, silver firmer in choppy, 2-sided trading Gold market analysis for April 9 – key intra-day price entry levels for active traders
• Negative Sentiment: Inflation/energy risk: WSJ notes gold edged lower as lingering inflation concerns tied to higher oil from Middle East conflict can boost yields and weigh on bullion — a scenario that could cap GLDM gains if it persists. Gold Edges Lower Amid Lingering Inflation Concerns

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.