Brindle & Bay Financial Advisors LLC Invests $12.34 Million in SPDR Gold MiniShares Trust $GLDM

Brindle & Bay Financial Advisors LLC acquired a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 144,578 shares of the company’s stock, valued at approximately $12,343,000. SPDR Gold MiniShares Trust comprises approximately 8.2% of Brindle & Bay Financial Advisors LLC’s investment portfolio, making the stock its 4th largest position.

Other hedge funds have also recently made changes to their positions in the company. Accredited Wealth Management LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 174.4% during the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares during the last quarter. Networth Advisors LLC purchased a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $33,000. Financial Consulate Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at approximately $34,000. Evolution Wealth Management Inc. raised its holdings in shares of SPDR Gold MiniShares Trust by 55.1% during the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after purchasing an additional 174 shares during the last quarter. Finally, Gould Capital LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 377.8% during the third quarter. Gould Capital LLC now owns 516 shares of the company’s stock valued at $39,000 after purchasing an additional 408 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Up 0.5%

Shares of GLDM stock opened at $93.34 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $62.70 and a 12 month high of $109.74. The company has a 50 day simple moving average of $96.27 and a two-hundred day simple moving average of $90.16.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Session highs in spot gold after Consumer Sentiment ticked up and one‑year inflation expectations fell, giving bullion a near‑term lift and supporting GLDM demand. Spot gold at session highs after Consumer Sentiment ticks up
• Positive Sentiment: Central bank buying remains a structural support (reports of steady monthly purchases), which underpins bullion ETFs like GLDM even amid short‑term volatility. Gold & Silver price forecast — central banks buying
• Positive Sentiment: A high‑profile academic argues inflation is being misread and sees much higher gold long‑term, which can lift investor appetite for GLDM as an inflation hedge. Wall Street misreading inflation, gold seen reaching $7,000
• Neutral Sentiment: Gold trading near steady while markets assess geopolitics — ongoing tensions keep a floor under prices but also create volatility rather than clear directional momentum. Gold price near steady as traders assess geopolitics
• Negative Sentiment: Technical breakdowns (rising‑wedge failure) and analyst charts point to lower near‑term targets, increasing short‑term selling pressure on gold and GLDM. Rising wedge breakdown pressure builds
• Negative Sentiment: Macro headwinds — rising Treasury yields, a firmer U.S. dollar and an oil‑driven jump in inflation fears — have reduced gold’s appeal and pressured prices this week. Gold price future clouded by oil spike and rate outlook
• Negative Sentiment: Physical selling: Azerbaijan’s sovereign fund sold nearly 22 tonnes of gold in Q1, adding supply into the market and weighing on prices. Azerbaijan sells nearly 22 tonnes

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.