Diversify Advisory Services LLC lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 3.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 484,161 shares of the company’s stock after buying an additional 14,409 shares during the period. SPDR Gold MiniShares Trust makes up 1.3% of Diversify Advisory Services LLC’s portfolio, making the stock its 13th biggest position. Diversify Advisory Services LLC owned 0.17% of SPDR Gold MiniShares Trust worth $38,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 34.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $43,000 after acquiring an additional 145 shares during the period. Legacy Capital Wealth Partners LLC grew its position in SPDR Gold MiniShares Trust by 0.5% in the second quarter. Legacy Capital Wealth Partners LLC now owns 32,922 shares of the company’s stock valued at $2,157,000 after acquiring an additional 153 shares in the last quarter. LongView Wealth Management raised its stake in shares of SPDR Gold MiniShares Trust by 5.3% during the third quarter. LongView Wealth Management now owns 3,439 shares of the company’s stock valued at $263,000 after purchasing an additional 172 shares during the period. Evolution Wealth Management Inc. raised its stake 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 period. Finally, Caitlin John LLC lifted its position in shares of SPDR Gold MiniShares Trust by 0.9% during the third quarter. Caitlin John LLC now owns 19,579 shares of the company’s stock worth $1,497,000 after purchasing an additional 177 shares in the last quarter.
SPDR Gold MiniShares Trust Price Performance
NYSEARCA GLDM opened at $101.97 on Monday. The company’s fifty day simple moving average is $96.26 and its 200-day simple moving average is $84.89. SPDR Gold MiniShares Trust has a 52 week low of $57.05 and a 52 week high of $109.74.
More SPDR Gold MiniShares Trust News
- Positive Sentiment: Weak U.S. payrolls and other economic misses are pushing investors into gold as a hedge, supporting GLDM inflows and price gains. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Non Farm Payrolls Miss Estimates
- Positive Sentiment: Kitco reports a notable jump in gold after the U.S. economy lost 92K jobs, a direct catalyst for safe‑haven buying that benefits GLDM. Gold prices jump as the U.S. economy loses 92k jobs
- Positive Sentiment: Slowing U.S. retail sales reinforced recession/weakness concerns, helping gold rally intraday—another supportive input for GLDM demand. Gold rallies near session highs after U.S. retail sales drop -0.2% in January
- Positive Sentiment: ETF-focused commentary highlights rising inflation fears (driven by oil) and fading rate‑cut expectations, encouraging investors to use ETFs like GLDM as inflation/defensive exposure. Inflation Pressure Intensifying? ETFs May Help Stay Prepared
- Neutral Sentiment: Geopolitical volatility (U.S.–Iran) continues to keep gold volatile — it can lift GLDM on risk spikes but hasn’t produced consistent, sustained safe‑haven flows. Dollar, bonds, or gold – which is the safest haven to hold?
- Negative Sentiment: Technical analysts warn of bearish wedge breakouts and measured downside targets for gold—signals that could pressure GLDM if momentum confirms. Gold (XAU/USD) Price Forecast: Wedge Breakout Suggests Further Downside
- Negative Sentiment: Additional technical pieces note a bearish breakdown and key support tests ahead; sustained technical weakness would be a headwind for GLDM flows. Gold (XAU/USD) Price Forecast: Bearish Wedge Breakdown Signals Key Support Tests
- Negative Sentiment: Reports that a major sovereign buyer may start selling gold to fund defense spending create a potential structural supply/demand risk that could weigh on GLDM if realized. The world’s biggest sovereign gold buyer might start selling to double defense budget
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.
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