Cassilly Financial Group LLC bought a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 12,965 shares of the company’s stock, valued at approximately $1,107,000. SPDR Gold MiniShares Trust accounts for about 1.0% of Cassilly Financial Group LLC’s portfolio, making the stock its 28th largest holding.
Several other hedge funds and other institutional investors have also made changes to their positions in GLDM. Sumitomo Mitsui Trust Group Inc. increased 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 purchasing an additional 3,881,643 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of SPDR Gold MiniShares Trust by 28.6% during the third quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock worth $563,230,000 after purchasing an additional 1,636,398 shares in the last quarter. UBS Group AG lifted its stake in shares of SPDR Gold MiniShares Trust by 8.5% during the third quarter. UBS Group AG now owns 3,315,804 shares of the company’s stock worth $253,493,000 after purchasing an additional 259,066 shares in the last quarter. 3EDGE Asset Management LP boosted its position in shares of SPDR Gold MiniShares Trust by 22.1% in the third quarter. 3EDGE Asset Management LP now owns 2,700,196 shares of the company’s stock worth $206,430,000 after buying an additional 488,576 shares during the period. Finally, State Street Corp boosted its position in shares of SPDR Gold MiniShares Trust by 0.3% in the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after buying an additional 8,380 shares during the period.
SPDR Gold MiniShares Trust Trading Down 0.0%
Shares of NYSEARCA:GLDM opened at $89.32 on Tuesday. The business’s 50-day simple moving average is $98.13 and its 200 day simple moving average is $87.73. SPDR Gold MiniShares Trust has a one year low of $58.56 and a one year high of $109.74.
Key SPDR Gold MiniShares Trust News
- Positive Sentiment: Modest safe‑haven buying lifted gold and silver in recent trade, providing direct support for GLDM as investors seek reserves amid uncertainty. Gold, silver see gains on modest safe-haven bidding
- Positive Sentiment: Reports of central-bank purchases and large official buying continue to underpin gold’s long-term bid, a tailwind for GLDM if buying persists. Gold (XAUUSD) & Silver Price Forecast: Gold Eyes $4,600 – Breakout or Trap?
- Positive Sentiment: HSBC says a de‑dollarization trend could drive further gains for gold despite it behaving like a risk asset this year — a bullish thematic for GLDM over months. ‘Gold is behaving like a risk asset in 2026′ but de-dollarization trend will drive further gains – HSBC
- Neutral Sentiment: U.S.–Iran talks are sending mixed signals; divergent diplomatic developments can both dampen and raise safe‑haven flows, creating short‑term price ambiguity for GLDM. Gold Edges Lower Amid Divergent Signals on U.S.-Iran Talks
- Neutral Sentiment: Intraday technical and trading guides highlight key entry/exit levels — useful for traders but unlikely to change GLDM’s trend without macro catalysts. Gold market analysis for March 30 – key intra-day price entry levels for active traders
- Negative Sentiment: Rising oil and renewed inflation fears lifted expectations for higher yields, which historically reduce gold’s appeal and pressured prices — a headwind for GLDM. Gold Falls Amid Rising Inflation Fears
- Negative Sentiment: Analysts warn elevated volatility may keep retail investors sidelined, lowering marginal demand and increasing downside risk for ETF flows like GLDM. Gold’s volatility could keep retail investors on the sidelines, raising the risk of further downside – DeCarley’s Garner
- Negative Sentiment: Technical commentaries note oil-driven inflation and higher-rate expectations are pressuring gold’s near-term technical setup; failure to hold key supports could extend weakness for GLDM. Gold and Silver Technical Analysis: Oil Spike Hits Gold as Silver Builds Breakout Setup
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.
Further Reading
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