SPDR Gold MiniShares Trust $GLDM Position Boosted by AE Wealth Management LLC

AE Wealth Management LLC increased its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 37.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 330,650 shares of the company’s stock after purchasing an additional 89,313 shares during the quarter. AE Wealth Management LLC owned 0.11% of SPDR Gold MiniShares Trust worth $28,228,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GLDM. AQR Capital Management LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 90.6% during the 1st quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock worth $1,488,000 after acquiring an additional 11,428 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $210,000. Jump Financial LLC increased its stake in SPDR Gold MiniShares Trust by 1.3% in the 2nd quarter. Jump Financial LLC now owns 42,431 shares of the company’s stock worth $2,780,000 after purchasing an additional 530 shares in the last quarter. State Street Corp increased its stake in SPDR Gold MiniShares Trust by 0.3% in the 2nd quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after purchasing an additional 8,380 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in SPDR Gold MiniShares Trust by 82.1% during the 2nd quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock worth $9,999,000 after buying an additional 68,786 shares during the period.

SPDR Gold MiniShares Trust News Roundup

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

• Positive Sentiment: Gold’s large YTD gain and bullish macro backdrop support longer-term demand for GLDM; an analyst piece highlights ETFs as attractive before potential rate cuts. Gold Soared 50% This Year. Here’s Which ETF to Buy Before Rates Fall
• Positive Sentiment: Geopolitical headlines (hopes for more U.S.-Iran talks) have recently lifted gold, providing episodic bid support for GLDM holdings. Gold Rises Amid Hopes for More U.S.-Iran Talks
• Positive Sentiment: Dollar weakness and falling US yields are helping push gold toward its 50-day moving average — a technical setup that could sustain GLDM gains if it breaks higher. Gold (XAUUSD) Price Forecast: Will Dollar Weakness Push Gold Through 50-Day MA?
• Neutral Sentiment: Long-term demand narrative for gold remains intact — a broad piece on gold’s historical role supports structural interest but is not a near-term price catalyst. Our Long Love Affair With Gold
• Neutral Sentiment: Intraday technical analyses and recommended entry levels offer trade ideas for active investors but don’t change the macro supply/demand outlook for GLDM. Gold market analysis for April 16 – key intra-day price entry levels for active traders
• Negative Sentiment: Recent economic data and a stronger Philly Fed reading have reduced gold’s safe-haven bid, creating headwinds for GLDM in the near term. Gold’s safe-haven appeal weakening as Philly Fed Survey jumps in April
• Negative Sentiment: Diplomatic progress (cooling U.S.-Iran tensions) and profit-taking have capped gold near the $4,800 zone, increasing the chance of short-term pullbacks that pressure GLDM. Gold (XAUUSD) & Silver Price Forecast: XAU Rejects $4,860 – Will Diplomacy Sink the Gold Rally?
• Negative Sentiment: Technical traders note a possible correction after a strong run; if momentum confirms a pullback, GLDM could underperform until buyers return. Gold Edges Lower on Possible Technical Correction

SPDR Gold MiniShares Trust Stock Down 0.1%

GLDM stock opened at $94.84 on Friday. SPDR Gold MiniShares Trust has a one year low of $62.70 and a one year high of $109.74. The firm has a 50-day moving average of $96.90 and a two-hundred day moving average of $89.37.

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.