21,461 Shares in SPDR Gold MiniShares Trust $GLDM Bought by Leo Wealth LLC

Leo Wealth LLC purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the third quarter, Holdings Channel reports. The institutional investor purchased 21,461 shares of the company’s stock, valued at approximately $1,764,000.

Several other hedge funds and other institutional investors have also bought and sold shares of GLDM. PNC Financial Services Group Inc. raised its holdings in SPDR Gold MiniShares Trust by 288.4% in the first quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock worth $25,000 after purchasing an additional 199 shares during the period. Evergreen Advisors LLC bought a new position in shares of SPDR Gold MiniShares Trust during the first quarter worth $49,000. Guardian Partners Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at $44,000. First Bancorp Inc ME acquired a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $51,000. Finally, Basepoint Wealth LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at $60,000.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Lower crude oil prices have eased inflation concerns and reduced expectations for aggressive Federal Reserve tightening, encouraging renewed buying in precious metals ahead of the Fed’s policy meeting. Gold briefly rebounded above $4,000 an ounce. Gold rebounds above $4,000 as lower oil prices ease Fed tightening concerns
• Positive Sentiment: Gold and silver recovered some of their recent losses as softer oil prices improved the inflation outlook and supported demand for precious metals. Gold holds above $4,000 as Hormuz diplomacy cools crude ahead Fed decision
• Neutral Sentiment: Investors are focused on the Fed decision. Although markets generally expect rates to remain unchanged this month, the possibility of another rate increase later in 2026 remains a risk for gold. Gold Edges Lower as Investors Mull Potential Fed Rate Hike This Year
• Negative Sentiment: Analysts describe gold’s technical and fundamental backdrop as fragile. The metal is struggling to hold $4,000, with support near $3,946, while an unresolved Iran conflict and cautious investor sentiment could limit a near-term rally. Gold prices are oversold below $4,000, but a potential rally could still be out of reach
• Negative Sentiment: Gold and Bitcoin were reported as the worst-performing major assets of 2026, highlighting the broader deterioration in gold’s momentum. Gold and Bitcoin become 2026’s worst major assets

SPDR Gold MiniShares Trust Stock Performance

GLDM opened at $79.38 on Tuesday. SPDR Gold MiniShares Trust has a 12 month low of $77.50 and a 12 month high of $109.74. The company has a fifty day simple moving average of $84.97 and a 200 day simple moving average of $89.22.

SPDR Gold MiniShares Trust Company 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.