Mayflower Financial Advisors LLC raised its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 53.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,518 shares of the company’s stock after buying an additional 15,786 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,480,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Deane Retirement Strategies Inc. increased its holdings in shares of 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 acquiring an additional 187 shares in the last quarter. ORG Partners LLC bought a new position in SPDR Gold MiniShares Trust in the 2nd quarter worth about $28,000. Mid American Wealth Advisory Group Inc. purchased a new stake in SPDR Gold MiniShares Trust during the 2nd quarter valued at about $31,000. Atlantic Union Bankshares Corp bought a new stake in SPDR Gold MiniShares Trust during the 2nd quarter valued at about $31,000. Finally, Family Legacy Financial Solutions LLC purchased a new position in SPDR Gold MiniShares Trust in the third quarter worth about $36,000.
SPDR Gold MiniShares Trust Trading Up 1.1%
NYSEARCA:GLDM opened at $89.71 on Friday. The company’s 50 day moving average price is $82.66 and its 200-day moving average price is $74.30. SPDR Gold MiniShares Trust has a 52 week low of $51.43 and a 52 week high of $90.07.
SPDR Gold MiniShares Trust News Roundup
- Positive Sentiment: Gold hit fresh record highs and technical studies show buyers firmly in control, supporting continued inflows into gold ETFs like GLDM. Gold (XAU/USD) Price Forecast: Rally Extends to Fresh Highs as Buyers Maintain Control
- Positive Sentiment: Gold’s safe-haven bid amid geopolitical risk and dollar weakness pushed metals to records, a macro backdrop that typically boosts gold ETF demand. Gold, silver power to record highs on safe-haven demand
- Positive Sentiment: Major strategist bullishness—Goldman Sachs projecting a multi-year upside target for spot gold—adds conviction for long-term ETF investors and supports GLDM positioning. Gold remains our single favorite long commodity
- Positive Sentiment: Technical breakout and momentum commentary point to sustained upside pressure after an eight‑week rally, favoring continuation for ETF flows into GLDM. Gold Weekly Price Outlook – Gold Breaks Out for the Week
- Neutral Sentiment: Sector financing activity — U.S. Gold Corp raised $31M — signals healthy capital markets interest in gold projects but has indirect impact on GLDM specifically. U.S. Gold Corp raises $31M to advance gold project
- Neutral Sentiment: Intraday technical guides and trader-level entry levels are circulating as volume and volatility rise; useful for active traders but not a direct fundamental change for GLDM. Gold market analysis for December 26
- Negative Sentiment: Analysts note silver’s supply deficit and industrial demand could make silver ETFs (e.g., SLV, SIVR) outperform gold ETFs in 2026, creating relative-performance risk for GLDM. Gold Or Silver ETFs: What Could Rally More in 2026?
- Negative Sentiment: Several analysts warn of overbought readings and short-term pullback risk despite the long-term bull trend, implying potential volatility and brief outflows from gold ETFs. Gold News: Gold Analysis Highlights Pullback Risk Despite Long-Term Bullish Trend
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.
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