SPDR Gold MiniShares Trust $GLDM Stock Position Lifted by IHT Wealth Management LLC

IHT Wealth Management LLC boosted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 17.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 184,819 shares of the company’s stock after acquiring an additional 27,051 shares during the period. IHT Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $15,989,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. grew its position in SPDR Gold MiniShares Trust by 9.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 206,200 shares of the company’s stock valued at $17,603,000 after purchasing an additional 17,000 shares in the last quarter. Bright Financial Advisors Inc. grew its position in SPDR Gold MiniShares Trust by 19.6% during the third quarter. Bright Financial Advisors Inc. now owns 82,834 shares of the company’s stock valued at $6,333,000 after purchasing an additional 13,558 shares in the last quarter. Farther Finance Advisors LLC grew its position in SPDR Gold MiniShares Trust by 17.4% during the fourth quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock valued at $54,270,000 after purchasing an additional 94,239 shares in the last quarter. Financial Planning Hawaii Inc. purchased a new position in SPDR Gold MiniShares Trust during the fourth quarter valued at approximately $2,816,000. Finally, AE Wealth Management LLC grew its position in SPDR Gold MiniShares Trust by 37.0% during the fourth quarter. AE Wealth Management LLC now owns 330,650 shares of the company’s stock valued at $28,228,000 after purchasing an additional 89,313 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Down 2.3%

Shares of GLDM opened at $83.78 on Thursday. The company’s 50 day moving average price is $90.40 and its 200 day moving average price is $92.25. SPDR Gold MiniShares Trust has a 52 week low of $64.46 and a 52 week high of $109.74.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Wells Fargo said gold still has room to run, citing inflation risks and large fiscal deficits as reasons prices could remain attractive for investors. Gold’s bull market has room to run as inflation risks, fiscal deficits support prices – Wells Fargo
• Positive Sentiment: Central banks are expected to keep increasing gold holdings, and a World Gold Council survey showed a record share plan to add to reserves, supporting long-term demand. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Positive Sentiment: Some analysts remain bullish on gold’s structural outlook, with Barclays projecting much higher prices in 2026 and 2027 as inflation, policy uncertainty, and official-sector demand persist. Barclays sees gold hitting $4,791 in 2026, $4,900 in 2027 as Iran correction fades, structural drivers reemerge

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.