Mayflower Financial Advisors LLC Sells 21,573 Shares of SPDR Gold MiniShares Trust $GLDM

Mayflower Financial Advisors LLC lowered its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 48.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,845 shares of the company’s stock after selling 21,573 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,118,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in SPDR Gold MiniShares Trust by 90.6% in the 1st quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock valued at $1,488,000 after purchasing an additional 11,428 shares during the last quarter. Walleye Capital LLC bought a new position in SPDR Gold MiniShares Trust during the second quarter worth about $210,000. Jump Financial LLC increased its position in SPDR Gold MiniShares Trust by 1.3% during the second quarter. Jump Financial LLC now owns 42,431 shares of the company’s stock worth $2,780,000 after buying an additional 530 shares during the last quarter. State Street Corp increased its position in SPDR Gold MiniShares Trust by 0.3% during the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after buying an additional 8,380 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in SPDR Gold MiniShares Trust by 82.1% during the second quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock worth $9,999,000 after buying an additional 68,786 shares during the last quarter.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Central bank buying continues to support the long-term gold backdrop, with survey data suggesting the official sector is still accumulating bullion, even if at a slower pace. Gold’s biggest buyers aren’t slowing down, but SocGen sees more measured pace ahead
• Positive Sentiment: Some analysts say precious metals could benefit later if oil prices fall, inflation expectations cool, and bond yields ease, which would improve the case for gold and GLDM. Precious metals should benefit from falling oil, as gold market continues shift toward Asia – Heraeus
• Positive Sentiment: China is considering changes to gold import and export rules, which could support broader market activity and reinforce Asia’s importance in gold demand. China considers new import and export regime for gold which limits PBOC oversight
• Neutral Sentiment: Gold is holding important technical support levels, suggesting traders are watching for either a rebound or a deeper breakdown in the near term. Gold (XAUUSD) & Silver Price Forecast: Gold Defends $4,049 as Silver Holds $57.97 — Next Move?
• Neutral Sentiment: Near-term price forecasts remain mixed, with some analysts warning gold could dip below current support before recovering later in 2027. Gold will fall below $3,900 this year before rallying to $5,300 in 2027 – TD’s Bart Melek
• Negative Sentiment: Multiple reports say gold and silver are weakening as higher oil prices and firmer Treasury yields keep markets focused on Fed tightening risk instead of safe-haven demand. Gold, silver weaken as Fed repricing overwhelms haven demand – Kitco PM Report
• Negative Sentiment: Gold prices are also being weighed down by a stronger dollar and renewed concerns that Fed rate expectations may stay elevated longer than previously hoped. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Focus On Rate Outlook
• Negative Sentiment: Technical selling is adding pressure, with articles pointing to a “death cross” and other bearish signals that could push gold lower in the short term. Gold News: Does the Death Cross Still Matter for Gold Prices?

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA:GLDM opened at $79.45 on Tuesday. The stock’s 50 day moving average price is $88.30 and its two-hundred day moving average price is $92.13. SPDR Gold MiniShares Trust has a 12-month low of $64.71 and a 12-month high of $109.74.

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.