Absolute Capital Management LLC Has $370,000 Stock Holdings in SPDR Gold MiniShares Trust $GLDM

Absolute Capital Management LLC trimmed its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 63.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,844 shares of the company’s stock after selling 8,292 shares during the period. Absolute Capital Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $370,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Legacy Capital Wealth Partners LLC increased its position in shares of SPDR Gold MiniShares Trust by 0.5% during the second quarter. Legacy Capital Wealth Partners LLC now owns 32,922 shares of the company’s stock valued at $2,157,000 after purchasing an additional 153 shares during the period. Private Trust Co. NA lifted its position in SPDR Gold MiniShares Trust by 3.9% in the second quarter. Private Trust Co. NA now owns 4,112 shares of the company’s stock worth $269,000 after purchasing an additional 155 shares during the period. LongView Wealth Management boosted its stake in SPDR Gold MiniShares Trust by 5.3% during the third quarter. LongView Wealth Management now owns 3,439 shares of the company’s stock worth $263,000 after buying an additional 172 shares in the last quarter. Evolution Wealth Management Inc. increased its holdings in SPDR Gold MiniShares Trust by 55.1% in the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after buying an additional 174 shares during the period. Finally, Deane Retirement Strategies Inc. increased its holdings in SPDR Gold MiniShares Trust by 126.4% in the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after buying an additional 187 shares during the period.

Key Headlines Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Spot gold vaulted to record highs and investors are rotating into bullion as a hedge against macro risk—this is the primary driver lifting GLDM. Gold Breaks Record As Stocks Muddle Through Fed Pause
• Positive Sentiment: Momentum indicators and price forecasts show a sustained bull trend and scope for further upside, supporting continued inflows into gold ETFs like GLDM. Gold (XAU/USD) Price Forecast: Rally Accelerates as Bull Trend Extends
• Positive Sentiment: Major banks and analysts have raised multi‑year targets for gold (some now eyeing $6,000+), which can sustain investor interest and ETF flows. Gold rally has legs – banks lift upside targets to $6,000 and $7,000
• Positive Sentiment: Institutional demand is rising — Tether’s CEO said the firm may allocate as much as 10–15% of its portfolio to physical gold, adding a sizable, secular buyer to the market. Tether CEO aims to allocate up to 15% of its portfolio to gold
• Positive Sentiment: Retail demand and premiums in China show pickup after December import softness—regional retail strength can help underpin prices and ETF flows. China’s net gold imports through Hong Kong fall 24% in December, but premiums and retail demand soars in January
• Neutral Sentiment: Fed messaging is mixed—Powell reiterated Fed credibility even as policymakers hold rates, which could both limit and prolong the gold rally depending on next moves. Powell dismisses gold’s rally above $5,300, says Fed is not losing credibility
• Neutral Sentiment: Some analysts note structural shifts (safe‑haven demand, capital reallocation) rather than a speculative short‑term surge—this suggests sustainability but also makes timing uncertain. Who’s Really Driving Gold Higher and Why It’s Not the West
• Negative Sentiment: Technicals point to elevated pullback risk—several pieces warn of profit‑taking and short‑term corrections after rapid gains, which could weigh on GLDM if gold consolidates. Gold Falls on Likely Technical Correction, Possible Profit-Taking

SPDR Gold MiniShares Trust Stock Up 3.8%

NYSEARCA:GLDM opened at $106.44 on Thursday. The company has a 50-day moving average of $87.87 and a 200-day moving average of $78.41. SPDR Gold MiniShares Trust has a 52 week low of $54.38 and a 52 week high of $106.72.

SPDR Gold MiniShares Trust 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.