Brookstone Capital Management Increases Position in SPDR Gold MiniShares Trust $GLDM

Brookstone Capital Management grew its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 8.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,481 shares of the company’s stock after purchasing an additional 7,179 shares during the quarter. Brookstone Capital Management’s holdings in SPDR Gold MiniShares Trust were worth $8,479,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Verus Capital Partners LLC grew its stake in shares of SPDR Gold MiniShares Trust by 1.1% during the fourth quarter. Verus Capital Partners LLC now owns 10,046 shares of the company’s stock worth $858,000 after purchasing an additional 111 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in SPDR Gold MiniShares Trust by 0.8% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock valued at $1,208,000 after buying an additional 112 shares in the last quarter. Absolute Capital Management LLC raised its stake in SPDR Gold MiniShares Trust by 2.3% in the fourth quarter. Absolute Capital Management LLC now owns 4,956 shares of the company’s stock valued at $423,000 after buying an additional 112 shares in the last quarter. One Charles Private Wealth Services LLC lifted its holdings in SPDR Gold MiniShares Trust by 0.5% during the 4th quarter. One Charles Private Wealth Services LLC now owns 25,976 shares of the company’s stock worth $2,218,000 after buying an additional 120 shares during the last quarter. Finally, Waterloo Capital L.P. boosted its position in shares of SPDR Gold MiniShares Trust by 0.9% during the 4th 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 in the last quarter.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold rebounded in some sessions as traders bought the dip, with analysts and investors noting that the selloff may create an attractive entry point for bullion exposure. Gold Just Dropped $68. Peter Schiff Says That’s Your Buy Signal.
• Positive Sentiment: Gold also found support from geopolitical uncertainty and ceasefire-related headlines, which can revive safe-haven demand for the metal and support GLDM. Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs Policy Signals Amid Iran-Israel Conflict — Upside Ahead?
• Neutral Sentiment: Some reports said gold was attempting to rebound despite rising Treasury yields, highlighting a mixed backdrop rather than a clear bullish or bearish catalyst. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound Despite Rising Treasury Yields
• Neutral Sentiment: Gold briefly moved higher as markets weighed lower oil prices, Fed hike risk, and improving Iran-related developments, suggesting volatility rather than a decisive trend. Gold rebounds above $4,200 as markets weigh Fed hike risk, Iran progress – Kitco AM Report
• Negative Sentiment: Gold fell in Asian trading and opened weaker as macro challenges persisted, including a stronger dollar and firm yields that typically pressure bullion-linked funds like GLDM. Gold Falls; Macro Challenges to Persist in Near Term
• Negative Sentiment: Morgan Stanley said gold may struggle to reach its bullish 2026 target without a meaningful rebound in ETF inflows, which is a concern for gold-backed products. Gold price will struggle to reach $5,200/oz in 2026 without strong ETF inflows – Morgan Stanley
• Negative Sentiment: Bank of America said gold can still reach higher levels eventually, but not anytime soon, after the Fed’s tightening bias created headwinds for the metal. Bank of America says gold can still hit $6,000, just not anytime soon

SPDR Gold MiniShares Trust Stock Down 0.6%

NYSEARCA:GLDM opened at $82.92 on Tuesday. SPDR Gold MiniShares Trust has a 1 year low of $64.46 and a 1 year high of $109.74. The stock has a 50-day simple moving average of $89.77 and a 200-day simple moving average of $92.25.

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.