SPDR Gold MiniShares Trust $GLDM Holdings Decreased by Sovran Advisors LLC

Sovran Advisors LLC cut its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 33.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,080 shares of the company’s stock after selling 10,202 shares during the quarter. Sovran Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,835,000 at the end of the most recent quarter.

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

Key Headlines Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold is still getting support from central bank buying, with Poland’s central bank and other official buyers continuing to add on dips, which helps limit downside for bullion-backed funds like GLDM. Poland’s central bank is buying the dip as gold’s biggest buyers aren’t backing down
• Positive Sentiment: Some analysts say gold may be carving out a bottom after last month’s sharp losses, and price action above key support levels suggests a rebound is possible if buyers regain momentum. Gold (XAU/USD) Price Forecast: Can Bulls Reclaim Critical Trend Resistance?
• Neutral Sentiment: Gold is hovering around major technical levels, with traders watching whether it can hold support near $4,000-$4,100 and whether a breakout or further consolidation comes next. Gold Defends $4,000 Level as Strong Dollar Caps Gains
• Neutral Sentiment: Markets are waiting for U.S. CPI and other macro data, which could either reinforce the case for tighter policy or revive demand for gold if inflation cools. Gold struggles around $4,100 as markets await CPI and Warsh’s Capitol Hill debut
• Negative Sentiment: Rising Treasury yields and a strong dollar have been weighing on gold, creating headwinds for GLDM and limiting the metal’s rebound attempts. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Focus on Rising Treasury Yields
• Negative Sentiment: Several reports suggest gold’s rally may stay rangebound or face limited upside in the near term as hawkish Fed expectations and macro uncertainty keep traders cautious. Gold prices will be rangebound through the summer – Metals Focus

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA GLDM opened at $81.29 on Monday. The stock has a 50-day simple moving average of $86.15 and a 200 day simple moving average of $91.85. SPDR Gold MiniShares Trust has a 12 month low of $64.71 and a 12 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.