HighTower Advisors LLC boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,335,584 shares of the company’s stock after buying an additional 17,412 shares during the period. HighTower Advisors LLC owned approximately 0.42% of SPDR Gold MiniShares Trust worth $114,019,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of GLDM. Payden & Rygel bought a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth approximately $110,981,000. Gambit Capital Management LLC bought a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $1,140,000. Entrust Financial LLC acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $1,432,000. Intrua Financial LLC raised its position in SPDR Gold MiniShares Trust by 4.5% during the fourth quarter. Intrua Financial LLC now owns 7,606 shares of the company’s stock valued at $649,000 after purchasing an additional 325 shares in the last quarter. Finally, Integrated Investment Consultants LLC bought a new stake in SPDR Gold MiniShares Trust during the fourth quarter worth $207,000.
Key Headlines Impacting SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Gold could find support from stronger-than-expected central bank buying, which Goldman Sachs said has been running ahead of prior estimates and is likely to increase further through 2026. Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs
- Positive Sentiment: Some reports noted a possible technical recovery in gold after recent losses, which could help stabilize GLDM if buyers step in around support levels. Gold Edges Higher on Possible Technical Recovery
- Neutral Sentiment: Gold remained sensitive to macro signals, including bond-market selling and inflation concerns, while safe-haven demand from Middle East tensions partially offset the pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Treasury Yields Test New Highs
- Neutral Sentiment: Several updates said gold was holding key technical support even as prices stayed below recent highs, suggesting the ETF may be range-bound until yields or the dollar reverse. Gold (XAUUSD) & Silver Price Forecast: Gold Cracks $4,540 Channel as Silver Holds $76 Floor — Next Move?
- Negative Sentiment: Spot gold fell below the $4,500 level in later trading as Treasury yields rose and the U.S. dollar strengthened, a bearish setup for GLDM. Gold drops below $4,500, silver breaks $74 support as Iran talks stall – Kitco PM Report
SPDR Gold MiniShares Trust Stock Down 1.7%
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.
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