AMG National Trust Bank raised its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 21.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,683 shares of the company’s stock after buying an additional 10,520 shares during the period. AMG National Trust Bank’s holdings in SPDR Gold MiniShares Trust were worth $5,095,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. boosted its stake in SPDR Gold MiniShares Trust by 9.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 206,200 shares of the company’s stock worth $17,603,000 after purchasing an additional 17,000 shares in the last quarter. Detalus Advisors LLC increased its stake in shares of SPDR Gold MiniShares Trust by 34.0% in the third quarter. Detalus Advisors LLC now owns 91,003 shares of the company’s stock valued at $6,957,000 after buying an additional 23,109 shares in the last quarter. Bangor Savings Bank raised its holdings in shares of SPDR Gold MiniShares Trust by 2.7% in the third quarter. Bangor Savings Bank now owns 436,528 shares of the company’s stock valued at $33,373,000 after buying an additional 11,657 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 29.1% in the third quarter. Ashton Thomas Private Wealth LLC now owns 36,703 shares of the company’s stock valued at $2,806,000 after buying an additional 8,284 shares during the last quarter. Finally, Clear Harbor Asset Management LLC acquired a new position in SPDR Gold MiniShares Trust during the 3rd quarter worth about $2,863,000.
SPDR Gold MiniShares Trust Price Performance
Shares of NYSEARCA:GLDM opened at $92.63 on Tuesday. SPDR Gold MiniShares Trust has a 12 month low of $62.70 and a 12 month high of $109.74. The company’s 50-day moving average price is $96.13 and its two-hundred day moving average price is $90.33.
SPDR Gold MiniShares Trust News Roundup
- Positive Sentiment: Heraeus argues that an extended ceasefire could prolong uncertainty but ultimately strengthens gold’s medium-term prospects, which supports demand for gold-backed ETFs. Extended ceasefire only prolongs market uncertainty, gold’s medium-term prospects strengthen while silver demand slides – Heraeus
- Positive Sentiment: The World Gold Council’s push toward standardized tokenized-gold markets and comments from Gold Token SA’s CEO point to structural growth in digital gold products, a tailwind for overall gold demand and ETF flows over time. Tokenized gold poised for further growth as World Gold Council pushes market standardization, says Gold Token SA CEO
- Neutral Sentiment: Technical analysts flag a near-term inflection: gold is consolidating below key moving averages after a wedge breakdown, leaving price poised for either recovery or further downside — that keeps short-term direction uncertain for GLDM flows. Gold (XAU/USD) Price Forecast: Breakout or Breakdown Technical Inflection Point
- Neutral Sentiment: Intraday market analysis and key price-entry levels suggest active traders are watching tight ranges and support/resistance levels, which can amplify short-term ETF flows but not necessarily change the medium-term trend. Gold market analysis for April 27 – key intra-day price entry levels for active traders
- Neutral Sentiment: Broader precious-metals outlook remains range-bound as Fed policy risk, oil, the U.S. dollar and geopolitics leave gold awaiting a clear breakout. Gold and Silver Analysis: Precious Metals Await Breakout as Fed Risks Loom
- Negative Sentiment: WSJ reports Iran offered to halt Strait of Hormuz attacks in exchange for a full end to the war and lifting of the U.S. blockade—any credible de-escalation reduces safe-haven demand and can pressure gold/GLDM. Gold Edges Higher as Investors Assess Iran’s Proposal to U.S.
- Negative Sentiment: Gold fell in early Asian trade as a stronger U.S. dollar weighed on the dollar-priced commodity; a firmer dollar typically hurts GLDM performance. Gold Falls Amid Dollar’s Strength
- Negative Sentiment: Rising crude oil pushed back the rate-cut narrative and strengthened the higher-for-longer Fed view, which undermined gold futures and likely pressured ETF flows into GLDM. Gold News: June Gold Futures Price Weakens as Crude Oil Kills the Rate Cut Trade
- Negative Sentiment: Chart-based selling and technical pressure triggered short-term selling in gold and silver, contributing to ETF outflows or weaker intraday performance for GLDM. Gold, silver sell off on chart-based pressure
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.
Further Reading
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