Simplicity Wealth LLC Buys 6,680 Shares of SPDR Gold MiniShares Trust $GLDM

Simplicity Wealth LLC increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 29.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,172 shares of the company’s stock after purchasing an additional 6,680 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,230,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its position in shares of SPDR Gold MiniShares Trust by 5.5% during the third quarter. Farther Finance Advisors LLC now owns 541,467 shares of the company’s stock worth $41,395,000 after buying an additional 28,037 shares during the period. Orion Porfolio Solutions LLC lifted its stake in SPDR Gold MiniShares Trust by 34.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 38,148 shares of the company’s stock valued at $2,499,000 after acquiring an additional 9,732 shares in the last quarter. Bangor Savings Bank boosted its position in SPDR Gold MiniShares Trust by 2.7% during the 3rd quarter. Bangor Savings Bank now owns 436,528 shares of the company’s stock worth $33,373,000 after acquiring an additional 11,657 shares during the last quarter. Clear Harbor Asset Management LLC bought a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter worth approximately $2,863,000. Finally, Rosenberg Matthew Hamilton raised its holdings in shares of SPDR Gold MiniShares Trust by 13.0% in the second quarter. Rosenberg Matthew Hamilton now owns 2,162 shares of the company’s stock valued at $142,000 after purchasing an additional 249 shares during the last quarter.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold price forecasts and institutional calls are rising — Goldman Sachs raised its 2026 gold target to $5,400/oz, a high-profile bullish revision that supports ETF demand and long-term investor interest in GLDM. Goldman Sachs raises 2026 gold price target to $5,400/oz as private sector joins central bank diversification strategy
• Positive Sentiment: Technical breakout and momentum: analysts and technical reports point to a breakout toward the next resistance zone (analysts eyeing $4,900–$5,000 per ounce), which tends to draw momentum traders and ETF inflows into GLDM. Gold (XAU/USD) Price Forecast: Breakout Targets Next Resistance Zone
• Positive Sentiment: Safe-haven demand from geopolitics and dollar weakness continues to underpin gold — reports cite record highs and renewed safe-haven buying after geopolitical headlines, supporting GLDM flows. Gold breaks new record on Greenland tariff threats, with forecast of $7,000 on the cards
• Neutral Sentiment: Short-term consolidation possible — some market notes show rallies stalling at resistance and intra‑day traders eyeing entry levels; this can mean choppy action for GLDM even as the longer trend remains up. Gold (XAU/USD) Price Forecast: Rally Stalls Near Key Resistance Zone
• Neutral Sentiment: Macro data mixed — reports that US growth and a resilient labor market have trimmed some intraday gains indicate economic prints could intermittently cap upside for gold and GLDM. Gold session highs as U.S. final Q3 GDP rises 4.4%
• Negative Sentiment: Easing geopolitical tensions can reduce safe‑haven demand — coverage that tensions between the U.S. and Europe over Greenland eased has triggered pullbacks in gold, which can pressure short-term ETF flows out of GLDM. Gold Falls Amid Easing U.S.-Europe Tensions Over Greenland
• Negative Sentiment: Improving risk appetite and profit-taking episodes have led to short-term softness in gold in a few reports — these dynamic swings can cause periodic outflows from GLDM. Gold price slightly down as risk appetite improves

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $97.32 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $54.10 and a 12 month high of $97.53. The company’s fifty day simple moving average is $86.16 and its 200-day simple moving average is $77.32.

About SPDR Gold MiniShares Trust

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.