Saxony Capital Management LLC acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 10,576 shares of the company’s stock, valued at approximately $903,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 34.6% during the third quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $43,000 after buying an additional 145 shares in the last quarter. LongView Wealth Management boosted its position in SPDR Gold MiniShares Trust by 5.3% during the third quarter. LongView Wealth Management now owns 3,439 shares of the company’s stock worth $263,000 after acquiring an additional 172 shares during the last quarter. Evolution Wealth Management Inc. boosted its position in SPDR Gold MiniShares Trust by 55.1% during the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after acquiring an additional 174 shares during the last quarter. Caitlin John LLC grew its stake in SPDR Gold MiniShares Trust by 0.9% during the 3rd quarter. Caitlin John LLC now owns 19,579 shares of the company’s stock valued at $1,497,000 after acquiring an additional 177 shares in the last quarter. Finally, Deane Retirement Strategies Inc. raised its holdings in SPDR Gold MiniShares Trust by 126.4% in the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after acquiring an additional 187 shares during the last quarter.
SPDR Gold MiniShares Trust Price Performance
GLDM opened at $89.32 on Tuesday. The company’s 50 day simple moving average is $98.13 and its two-hundred day simple moving average is $87.73. SPDR Gold MiniShares Trust has a 1-year low of $58.56 and a 1-year high of $109.74.
More SPDR Gold MiniShares Trust News
- Positive Sentiment: HSBC says a de‑dollarization trend and structural drivers could support further gains in gold over the medium term, a bullish macro narrative for GLDM. ‘Gold is behaving like a risk asset in 2026′ but de-dollarization trend will drive further gains – HSBC
- Positive Sentiment: Commerzbank published an aggressive bullish scenario (very high target) that, if realized, would be strongly positive for GLDM over the longer run. Rate cuts in H2 will drive gold to $5,000 and silver to $90 – Commerzbank
- Positive Sentiment: Some sessions saw modest safe‑haven bidding that lifted gold and silver intraday, providing intermittent support to GLDM. Gold, silver see gains on modest safe-haven bidding
- Neutral Sentiment: Technical analysts published key intra‑day entry levels and setups for traders; useful for short‑term trading activity in GLDM but not a clear directional catalyst. Gold market analysis for March 30 – key intra-day price entry levels for active traders
- Neutral Sentiment: Forecast pieces debate whether recent moves are a breakout or a trap around higher resistance levels — these are scenario studies that add volatility but not immediate direction. Gold (XAUUSD) & Silver Price Forecast: Gold Eyes $4,600 – Breakout or Trap?
- Negative Sentiment: Major headlines show gold is on track for its worst month since 2008 (around a ~14.6% monthly drop), a direct negative for GLDM performance and investor flows. Gold on track for worst month since 2008 as Iran war enters its fifth week
- Negative Sentiment: Reports cite rising inflation fears (driven by higher oil) and rising Treasury yields as immediate drivers of gold weakness, which pressures GLDM. Gold Falls Amid Rising Inflation Fears
- Negative Sentiment: Analysts and technical notes warn volatility and sidelined retail demand raise the risk of further downside, increasing short‑term uncertainty for GLDM. Gold’s volatility could keep retail investors on the sidelines, raising risk of further downside – DeCarley’s Garner
- Negative Sentiment: Coverage highlights divergent geopolitical signals (U.S.‑Iran talks) and central‑bank behavior that have weighed on prices, keeping pressure on gold ETFs like GLDM. Gold Edges Lower Amid Divergent Signals on U.S.-Iran Talks
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.
Further Reading
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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