SPDR Gold MiniShares Trust $GLDM Holdings Decreased by NewEdge Advisors LLC

NewEdge Advisors LLC cut its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 96.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,690 shares of the company’s stock after selling 191,266 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $713,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated raised its holdings in shares of SPDR Gold MiniShares Trust by 0.7% during the first quarter. Silver Oak Securities Incorporated now owns 14,763 shares of the company’s stock worth $1,368,000 after purchasing an additional 108 shares during the period. Verus Capital Partners LLC grew its position in shares of SPDR Gold MiniShares Trust by 1.1% during the 4th quarter. Verus Capital Partners LLC now owns 10,046 shares of the company’s stock valued at $858,000 after buying an additional 111 shares during the last quarter. Absolute Capital Management LLC raised its stake in SPDR Gold MiniShares Trust by 2.3% during the fourth quarter. Absolute Capital Management LLC now owns 4,956 shares of the company’s stock worth $423,000 after acquiring an additional 112 shares during the period. One Charles Private Wealth Services LLC raised its stake in SPDR Gold MiniShares Trust by 0.5% during the fourth quarter. One Charles Private Wealth Services LLC now owns 25,976 shares of the company’s stock worth $2,218,000 after acquiring an additional 120 shares during the period. Finally, Waterloo Capital L.P. lifted its holdings in SPDR Gold MiniShares Trust by 0.9% in the fourth quarter. Waterloo Capital L.P. now owns 14,003 shares of the company’s stock worth $1,195,000 after acquiring an additional 121 shares during the last quarter.

Key SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Gold broke above major technical resistance and is approaching its 200-day moving average, strengthening bullish momentum and raising the possibility of additional gains. Gold (XAU/USD) Price Forecast: Breakout Puts 200-Day Moving Average in Focus
• Positive Sentiment: Gold jumped above $4,500 as the U.S. Treasury announced increased buybacks of long-term debt. The resulting decline in long-dated Treasury yields, combined with a three-month low in the dollar, improved the appeal of non-yielding gold. Gold price jumps 4% past $4,500 as Treasury buys back its own long-term debt
• Positive Sentiment: Falling bond yields and a weaker dollar helped lift precious metals, while easing expectations for further Federal Reserve rate hikes reduced pressure on gold. Wells Fargo also maintained a bullish outlook and expects gold to reach $4,900 in 2026. Gold, Silver, Platinum Forecasts – Gold Soars As U.S. Bond Markets Rally
• Neutral Sentiment: Federal Reserve minutes showed officials debating a potentially tighter policy direction, while higher oil prices and short-term rate increases could revive yield and inflation concerns. These risks may limit gold’s upside if they push Treasury yields or the dollar higher. Gold News: Gold Prices Recover as Yields and Dollar Plunge Before Fed Minutes

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM stock opened at $89.29 on Thursday. The business has a 50 day moving average of $82.28 and a two-hundred day moving average of $90.01. SPDR Gold MiniShares Trust has a 52 week low of $65.90 and a 52 week 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.