SPDR Gold MiniShares Trust $GLDM Holdings Lifted by Verde Servicos Internacionais S.A.

Verde Servicos Internacionais S.A. raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 62.5% in the first quarter, HoldingsChannel reports. The firm owned 595,207 shares of the company’s stock after buying an additional 228,870 shares during the quarter. SPDR Gold MiniShares Trust makes up 16.9% of Verde Servicos Internacionais S.A.’s investment portfolio, making the stock its biggest position. Verde Servicos Internacionais S.A.’s holdings in SPDR Gold MiniShares Trust were worth $55,170,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of GLDM. Verus Capital Partners LLC grew its position in shares of SPDR Gold MiniShares Trust by 1.1% in the 4th quarter. Verus Capital Partners LLC now owns 10,046 shares of the company’s stock worth $858,000 after buying an additional 111 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 0.8% during 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 acquiring an additional 112 shares in the last quarter. Absolute Capital Management LLC raised its holdings in shares of 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 valued at $423,000 after acquiring an additional 112 shares in the last quarter. One Charles Private Wealth Services LLC raised its holdings in shares of 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 valued at $2,218,000 after acquiring an additional 120 shares in the last quarter. Finally, Waterloo Capital L.P. lifted its stake 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 period.

Key Headlines Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: China’s gold imports jumped to a 26-month high in May, suggesting strong physical demand from the world’s largest gold market. China gold imports hit 26-month high in May, up 76% YTD
• Positive Sentiment: Some market commentators said the recent pullback may be creating a more attractive entry point for gold investors, especially over a longer horizon. Gold’s pullback creates attractive entry as de-dollarization turns structural – KMLM’s Prior
• Neutral Sentiment: One article argued that gold ETFs can benefit long term from tax-efficient holding strategies in retirement accounts, but this was more of an investing idea than a near-term price driver. The Roth IRA Trick That Makes This Gold ETF’s 135% Five-Year Run Even Better
• Negative Sentiment: Gold prices weakened as rate-hike fears increased, with the dollar strengthening and key support levels coming under pressure. Gold and silver tumble as rate-hike fears hit precious metals
• Negative Sentiment: Analysts at Deutsche Bank and BMO cut gold price targets, citing weaker investor demand and a more hawkish Fed outlook, which is weighing on bullion-linked funds like GLDM. Deutsche Bank cuts 2026 gold price targets to $4,300/oz for Q3, $4,800/oz in Q4 as investor demand drops
• Negative Sentiment: Gold futures fell for a third straight session, and market commentary pointed to continued near-term macro headwinds, including firm Treasury yields and stronger economic data. Comex Gold Settles 1.24% Lower at $4129.90

SPDR Gold MiniShares Trust Trading Down 1.9%

NYSEARCA:GLDM opened at $81.34 on Wednesday. The firm’s fifty day simple moving average is $89.52 and its 200 day simple moving average is $92.23. SPDR Gold MiniShares Trust has a twelve month low of $64.46 and a twelve month 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.