Copley Financial Group Inc. cut its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 8.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 108,563 shares of the company’s stock after selling 9,970 shares during the quarter. SPDR Gold MiniShares Trust makes up 5.7% of Copley Financial Group Inc.’s investment portfolio, making the stock its 6th largest holding. Copley Financial Group Inc.’s holdings in SPDR Gold MiniShares Trust were worth $8,300,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in GLDM. Deane Retirement Strategies Inc. grew its position in SPDR Gold MiniShares Trust by 126.4% during the third 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. Accredited Wealth Management LLC raised its position in SPDR Gold MiniShares Trust by 174.4% in the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock worth $26,000 after acquiring an additional 218 shares during the period. Financial Consulate Inc. purchased a new position in SPDR Gold MiniShares Trust in the third quarter valued at about $34,000. Family Legacy Financial Solutions LLC purchased a new position in SPDR Gold MiniShares Trust in the third quarter valued at about $36,000. Finally, Evolution Wealth Management Inc. grew its position in shares of SPDR Gold MiniShares Trust by 55.1% during the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 174 shares during the period.
Trending Headlines about SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: UBS projects further upside for gold (about +20% above current levels in 2026), supporting a constructive medium‑term case for GLDM as an inflation/flight‑to‑safety hedge. Gold is still set to gain 20% above current prices in 2026 – UBS
- Positive Sentiment: Ongoing Middle East tensions and war‑risk headlines are supporting safe‑haven demand for gold, which can lift GLDM if risk aversion persists. Gold (XAUUSD) & Silver Price Forecast: War Risks vs. High Rates; XAU Pivot – $5,062 Break or $4,910 Sink?
- Positive Sentiment: Some market commentary points to technical recoveries after recent losses, which could trigger short‑covering and a bounce in GLDM if momentum buyers step in. Gold Edges Higher on Possible Technical Recovery
- Neutral Sentiment: Traders are making position adjustments ahead of the FOMC decision; that pre‑meeting reshuffling is creating short‑term volatility but not a clear direction for GLDM until the Fed’s guidance arrives. Gold Edges Lower on Possible Position Adjustments Before FOMC Decision
- Neutral Sentiment: Gold is consolidating around the $5,000 round number with mixed technicals — indecision that could lead to a larger move after macro catalysts (Fed, oil, dollar) resolve. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Remains Stuck Near $5000
- Negative Sentiment: Technical breakdowns — including a reported bearish flag — put near‑term downside risk to key support zones; a failure to hold the 50‑day area would likely pressure GLDM. Gold (XAU/USD) Price Forecast: Bearish Flag Tests Key Support Zone
- Negative Sentiment: Some strategists warn of a sharp correction (scenarios targeting much lower levels), and rising oil or higher‑for‑longer rates could keep yields and the dollar firm, weighing on gold and GLDM. ‘We see a scenario where gold goes back down towards $4,200′ – RJO’s Pavilonis
SPDR Gold MiniShares Trust Stock Performance
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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