Palladiem LLC purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 75,597 shares of the company’s stock, valued at approximately $6,489,000. SPDR Gold MiniShares Trust accounts for 6.1% of Palladiem LLC’s portfolio, making the stock its 5th largest holding.
Other large investors have also recently bought and sold shares of the company. Evoke Wealth LLC raised its stake in shares of SPDR Gold MiniShares Trust by 1.7% in the fourth quarter. Evoke Wealth LLC now owns 7,374,785 shares of the company’s stock valued at $629,586,000 after acquiring an additional 123,123 shares during the last quarter. Bank of America Corp DE grew its position in SPDR Gold MiniShares Trust by 28.6% during the 3rd quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock worth $563,230,000 after acquiring an additional 1,636,398 shares during the last quarter. UBS Group AG grew its position in SPDR Gold MiniShares Trust by 2.9% during the 4th quarter. UBS Group AG now owns 3,412,428 shares of the company’s stock worth $291,319,000 after acquiring an additional 96,624 shares during the last quarter. State Street Corp grew its position in SPDR Gold MiniShares Trust by 0.3% during the 2nd quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after acquiring an additional 8,380 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in SPDR Gold MiniShares Trust by 9.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,667,185 shares of the company’s stock worth $203,919,000 after acquiring an additional 237,644 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Performance
GLDM opened at $85.42 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $64.46 and a 1-year high of $109.74. The firm has a 50-day moving average price of $91.54 and a two-hundred day moving average price of $92.02.
Trending Headlines about SPDR Gold MiniShares Trust
- Positive Sentiment: Some analysts still see the recent pullback as a buying opportunity, arguing that inflation concerns, strategic resource competition, and long-term demand trends could support gold later this year. Gold breaks below key technical support, but analysts see a buying opportunity
- Positive Sentiment: Geopolitical uncertainty in the Middle East continues to support gold’s safe-haven appeal, even as price action remains volatile. Gold Pressured by Rate-Hike Fears as Middle East Uncertainty Persists
- Neutral Sentiment: Several reports note technical support breaks and a bearish short-term chart setup, signaling continued volatility rather than a clear trend reversal. The gold chart looks precarious. Here’s how to profit
- Neutral Sentiment: Some longer-term forecasts remain bullish, with one industry outlook projecting much higher average gold prices in 2026 despite softer demand from jewelry and central banks. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
- Negative Sentiment: Stronger-than-expected U.S. payrolls and job growth have lifted rates and the dollar, triggering broad selling in gold and other precious metals. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
- Negative Sentiment: Gold falling below key levels such as $4,500 and $4,450 suggests short-term technical weakness and may keep pressure on GLDM until macro data or Fed expectations improve. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report
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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