SPDR Gold MiniShares Trust $GLDM is American Investment Services Inc.’s Largest Position

American Investment Services Inc. trimmed its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 8.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 469,354 shares of the company’s stock after selling 43,640 shares during the quarter. SPDR Gold MiniShares Trust accounts for approximately 9.7% of American Investment Services Inc.’s holdings, making the stock its largest position. American Investment Services Inc. owned approximately 0.14% of SPDR Gold MiniShares Trust worth $43,504,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. PNC Financial Services Group Inc. grew its stake in shares of SPDR Gold MiniShares Trust by 288.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock valued at $25,000 after purchasing an additional 199 shares during the period. Godfrey Financial Associates Inc. bought a new stake in SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $26,000. HHM Wealth Advisors LLC grew its position in SPDR Gold MiniShares Trust by 236.7% during the first quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock valued at $28,000 after buying an additional 213 shares during the period. Root Financial Partners LLC increased its holdings in SPDR Gold MiniShares Trust by 548.2% during the fourth quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock valued at $31,000 after buying an additional 307 shares during the last quarter. Finally, Networth Advisors LLC purchased a new stake in SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $33,000.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Spot gold rose as buyers tested key resistance levels near $4,160, helping lift gold-backed ETFs like GLDM. Gold rallies as buyers test $4,160, oil lifts yields – Kitco PM Report
• Positive Sentiment: Gold broke above key technical resistance, with traders watching for confirmation of a broader bullish move if prices clear the next major levels. Gold (XAU/USD) Price Forecast: Breakout Opens the Door to Higher Targets
• Positive Sentiment: High-profile bullish commentary from investors like John Paulson reinforced the view that gold remains in the early stages of a long-term bull market, supported by central bank and private-sector buying. John Paulson says we are in the early stages of a long-term bull market for gold
• Positive Sentiment: Multiple market reports noted that gold is holding a rebound despite rising yields and oil-related volatility, which suggests persistent defensive demand. Gold rallies above $4,120 as buyers test resistance – Kitco AM Report
• Neutral Sentiment: Analysts also pointed to long-term support from central-bank buying, inflation hedging, and geopolitical risk, which keeps the outlook constructive but does not change near-term ETF mechanics. Gold’s long-term investment case is strong, and miners offer greatest upside – VanEck’s Casanova
• Neutral Sentiment: Some commentary suggested gold still faces resistance around the $4,200 area and must clear that level to confirm a stronger upside breakout. Gold (XAUUSD) Price Forecast: Can Gold Hold Its Rally Before the Fed?

SPDR Gold MiniShares Trust Trading Up 1.1%

GLDM opened at $81.74 on Thursday. The firm’s 50 day simple moving average is $84.12 and its two-hundred day simple moving average is $91.44. SPDR Gold MiniShares Trust has a 1-year low of $64.71 and a 1-year high of $109.74.

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.