Advisory Alpha LLC Takes $1.19 Million Position in SPDR Gold MiniShares Trust $GLDM

Advisory Alpha LLC acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,578 shares of the company’s stock, valued at approximately $1,193,000.

Other large investors have also modified their holdings of the company. AQR Capital Management LLC increased its stake in shares of SPDR Gold MiniShares Trust by 90.6% in the first quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock worth $1,488,000 after purchasing an additional 11,428 shares during the period. Arkadios Wealth Advisors bought a new position in SPDR Gold MiniShares Trust during the second quarter worth $292,000. Bank of Montreal Can bought a new position in SPDR Gold MiniShares Trust during the second quarter worth $205,000. Bank of New York Mellon Corp raised its stake in SPDR Gold MiniShares Trust by 7.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,002,538 shares of the company’s stock valued at $65,686,000 after purchasing an additional 72,077 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at $31,000.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA:GLDM opened at $100.38 on Friday. The firm’s 50-day moving average is $96.01 and its 200-day moving average is $84.38. SPDR Gold MiniShares Trust has a 52-week low of $57.05 and a 52-week high of $109.74.

Key Headlines Impacting SPDR Gold MiniShares Trust

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

  • Positive Sentiment: Geopolitical risk and war-related headlines are supporting gold as a safe-haven, which helps GLDM demand. War Risk Lifts Gold
  • Positive Sentiment: Economic data weakness (weekly jobless claims) triggered a rebound in spot gold, suggesting short-term support for GLDM if safe-haven flows resume. Spot gold rebounds
  • Positive Sentiment: Ongoing U.S.–Iran tensions have recently pushed gold higher on risk-premium bids, supporting GLDM interest among defensive investors. Gold Edges Higher Amid Ongoing U.S.-Iran Conflict
  • Neutral Sentiment: China is advancing plans for a Hong Kong gold hub — a structural development that could boost long-term gold market liquidity and demand, but will likely be gradual in its impact on GLDM. China ramps efforts
  • Neutral Sentiment: Several analysts reiterate a long-term bullish case for precious metals despite near-term volatility; that supports a baseline demand narrative for GLDM but offers little immediate directional certainty. Long-term upward path
  • Negative Sentiment: Stronger dollar, rising U.S. yields and reduced Fed-cut odds are weighing on bullion — these macro headwinds pressure GLDM downward as opportunity cost of holding gold rises. Gold, silver sell off as USDX rallies
  • Negative Sentiment: Technical breakdowns (bearish wedge / support tests) and analyst forecasts pointing toward further downside increase near-term selling risk for gold and thus GLDM. Bearish wedge breakdown
  • Negative Sentiment: Reports that a major sovereign buyer may sell gold to fund defense spending raise the prospect of added supply into the market — a direct bearish catalyst for gold prices and GLDM. Sovereign buyer might start selling

SPDR Gold MiniShares Trust Company Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

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