Flagship Harbor Advisors LLC Sells 28,105 Shares of SPDR Gold MiniShares Trust $GLDM

Flagship Harbor Advisors LLC lessened its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 31.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,602 shares of the company’s stock after selling 28,105 shares during the period. Flagship Harbor Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $5,174,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Crews Bank & Trust grew its position in shares of SPDR Gold MiniShares Trust by 2.1% in the 4th quarter. Crews Bank & Trust now owns 8,450 shares of the company’s stock valued at $721,000 after acquiring an additional 175 shares during the period. Capital Management Associates Inc grew its position in shares of SPDR Gold MiniShares Trust by 4.0% in the 4th quarter. Capital Management Associates Inc now owns 15,247 shares of the company’s stock valued at $1,302,000 after acquiring an additional 592 shares during the period. Leo Wealth LLC grew its position in shares of SPDR Gold MiniShares Trust by 14.0% in the 4th quarter. Leo Wealth LLC now owns 32,381 shares of the company’s stock valued at $2,764,000 after acquiring an additional 3,968 shares during the period. Walkner Condon Financial Advisors LLC grew its position in shares of SPDR Gold MiniShares Trust by 11.3% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 125,309 shares of the company’s stock valued at $10,698,000 after acquiring an additional 12,696 shares during the period. Finally, Stonebridge Financial Group LLC grew its position in shares of SPDR Gold MiniShares Trust by 144.3% in the 4th quarter. Stonebridge Financial Group LLC now owns 7,893 shares of the company’s stock valued at $674,000 after acquiring an additional 4,662 shares during the period.

SPDR Gold MiniShares Trust Stock Down 0.4%

Shares of GLDM stock opened at $92.13 on Tuesday. The company has a 50-day simple moving average of $97.70 and a 200 day simple moving average of $88.44. SPDR Gold MiniShares Trust has a 52 week low of $58.56 and a 52 week high of $109.74.

SPDR Gold MiniShares Trust News Summary

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

• Positive Sentiment: Analysts at Merrill say gold’s fundamental demand drivers should reassert themselves after the initial shock from the Iran conflict fades — a view that supports longer‑term bullion demand and GLDM. Gold’s demand drivers ‘should once again reassert themselves’ after Iran war shock fades – Merrill’s Avioli
• Positive Sentiment: ISM services PMI softened in March, and market coverage links that data to a modest safe‑haven bid into gold — supportive for GLDM if growth concerns persist. Gold Edges Higher; ISM Services PMI Falls In March
• Positive Sentiment: Spot gold coverage highlights Iran‑related price shocks boosting bullion to multi‑thousand dollar levels, underpinning GLDM’s asset base while geopolitical risk is elevated. Spot gold at $4,667/oz after ISM Services PMI falls 54 in March as Iran price shocks raise concern
• Neutral Sentiment: Technical analysts point to intra‑day entry levels and short‑term buying that can produce choppy but tradable moves — short‑term volatility for GLDM rather than a clear trend. Gold market analysis for April 6 – key intra-day price entry levels for active traders
• Neutral Sentiment: Reports that a possible truce rumor cooled safe‑haven flows have kept gold range‑bound — valuable context but ambiguous for GLDM’s near‑term direction. Gold (XAUUSD) & Silver Price Forecast: Gold Eyes $4,700 as Truce Rumors Cool Safe-Haven Bid; Will It Also Reclaim $4,800?
• Neutral Sentiment: Large central‑bank moves (Bank of France selling then buying back U.S. gold reserves) are notable for market structure but don’t provide a clear directional impulse for bullion prices. Bank of France sells its 129-tonne US gold reserve, then buys it back in Europe for tidy $15 billion profit
• Negative Sentiment: Wall Street coverage notes gold fell on dollar strength and inflation worries — a stronger dollar and rising real yields typically weigh on GLDM. Gold Falls Amid Dollar Strength, Inflation Worries
• Negative Sentiment: FXEmpire and others emphasize that a firm U.S. dollar and rising rate expectations cap gold’s upside, keeping GLDM under pressure until rates/dollar momentum eases. Gold, US Dollar and Bond Yields: Strong Dollar Caps XAUUSD Near Key Resistance
• Negative Sentiment: Other near‑term commentary notes pullbacks as traders rotate on Middle East headlines — episodic profit‑taking can push GLDM lower during risk‑on windows. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Focus On Middle East Tensions

SPDR Gold MiniShares Trust 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.