Bright Financial Advisors Inc. grew its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 19.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,834 shares of the company’s stock after purchasing an additional 13,558 shares during the period. SPDR Gold MiniShares Trust comprises about 3.1% of Bright Financial Advisors Inc.’s investment portfolio, making the stock its 11th biggest position. Bright Financial Advisors Inc.’s holdings in SPDR Gold MiniShares Trust were worth $6,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also made changes to their positions in GLDM. Empower Advisory Group LLC acquired a new stake in SPDR Gold MiniShares Trust during the second quarter worth about $336,022,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in SPDR Gold MiniShares Trust by 26.6% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock valued at $1,412,638,000 after acquiring an additional 3,881,643 shares in the last quarter. CWM LLC lifted its position in shares of SPDR Gold MiniShares Trust by 508.4% in the 3rd quarter. CWM LLC now owns 781,531 shares of the company’s stock worth $59,748,000 after acquiring an additional 653,080 shares during the period. Corient Private Wealth LLC lifted its position in shares of SPDR Gold MiniShares Trust by 3,304.3% in the 2nd quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after acquiring an additional 618,690 shares during the period. Finally, 3EDGE Asset Management LP grew its holdings in shares of SPDR Gold MiniShares Trust by 22.1% during the 3rd quarter. 3EDGE Asset Management LP now owns 2,700,196 shares of the company’s stock worth $206,430,000 after purchasing an additional 488,576 shares in the last quarter.
SPDR Gold MiniShares Trust Stock Performance
GLDM opened at $103.64 on Tuesday. SPDR Gold MiniShares Trust has a 1 year low of $56.10 and a 1 year high of $109.74. The stock’s 50 day simple moving average is $93.56 and its 200-day simple moving average is $82.60.
SPDR Gold MiniShares Trust News Roundup
- Positive Sentiment: Tariff risks are supporting haven demand and lifting gold prices in Asian trade. Gold Edges Higher Amid Ongoing Tariff Risks
- Positive Sentiment: Renewed trade tensions are cited as a catalyst for fresh safe‑haven buying in gold and silver. Gold and Silver Rise Amid Renewed Trade Tensions
- Positive Sentiment: UBS predicts much higher gold (headline $6,200/oz by mid‑year) citing Fed easing, geopolitical risk and rising demand — a strong bullish narrative for GLDM. Fed easing, geopolitical turmoil, rising demand will combine to push gold to $6,200/oz by mid-year – UBS
- Positive Sentiment: Analysts and market commentators point to strong rallies fueled by haven bids after weak U.S. data, supporting near‑term price momentum. Strong rallies in gold, silver on haven demand, weak U.S. data
- Positive Sentiment: Coverage highlights technical momentum and breakout conditions that are attracting traders and flows into gold. Gold Price Analysis – Gold Continues to See Momentum
- Positive Sentiment: Reports point to strong safe‑haven buying across markets, lifting both bullion and miners — miners rallied on tariff uncertainty. Gold and silver miners jump on new Trump tariff uncertainty
- Positive Sentiment: Central‑bank buying and a weaker dollar are cited in forecasts that see sustained demand supporting higher gold prices. Gold (XAUUSD) & Silver Price Forecast: 1,000 Tonnes Bought, Demand Surges – Rally Sustainable?
- Neutral Sentiment: Heraeus notes gold/silver may only benefit once rates fall — a timing issue that could delay upside for GLDM. Gold and silver will wait to benefit from lower rates, Ghana and Hecla reflect shifting priorities in precious metals markets – Heraeus
- Neutral Sentiment: Intraday market analysis provides trader entry levels — useful for short‑term trading but not a directional macro call. Gold market analysis for February 23 – key intra-day price entry levels for active traders
- Neutral Sentiment: Macro pieces on yields, FX and risk appetite outline scenarios that could support or cap gold depending on policy and sentiment. 10 YR Yield, Gold, AUD/JPY and FTSE 100 Forecasts – US Dollar and Risk Appetite
- Negative Sentiment: BIS strategist McGlone warns of a potential reversion in 2026 — “sell gold, buy Treasuries” — a bearish risk for GLDM if Treasury demand strengthens. Sell gold, buy Treasuries? BI’s McGlone sees risk of reversion in 2026
- Negative Sentiment: Russia sold ~300,000 oz in January (roughly $1.68B), adding supply that can weigh on prices if such sales continue. Russia made up to $1.68 billion selling 300,000 ounces of gold in January as prices hit record highs
- Negative Sentiment: Analysis arguing gold is a poor short‑term inflation hedge could temper some investor demand focused on inflation protection. Gold At Record Highs: A Poor Short-Term Inflation Hedge
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.
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