13,327 SPDR Gold MiniShares Trust $GLDM Shares Bought by MMA Asset Management LLC

MMA Asset Management LLC grew its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 316.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,540 shares of the company’s stock after purchasing an additional 13,327 shares during the quarter. MMA Asset Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,441,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of GLDM. Quest 10 Wealth Builders Inc. increased its holdings in SPDR Gold MiniShares Trust by 3.7% in the third quarter. Quest 10 Wealth Builders Inc. now owns 8,480 shares of the company’s stock valued at $697,000 after buying an additional 306 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in SPDR Gold MiniShares Trust by 7.5% in the third quarter. Commonwealth Equity Services LLC now owns 485,439 shares of the company’s stock valued at $39,893,000 after buying an additional 34,021 shares in the last quarter. Chicago Partners Investment Group LLC acquired a new stake in SPDR Gold MiniShares Trust in the third quarter valued at $247,000. Team Financial Group LLC lifted its holdings in SPDR Gold MiniShares Trust by 3.5% during the 3rd quarter. Team Financial Group LLC now owns 81,252 shares of the company’s stock worth $6,677,000 after buying an additional 2,752 shares during the last quarter. Finally, Rakuten Investment Management Inc. purchased a new stake in SPDR Gold MiniShares Trust during the 3rd quarter worth about $227,567,000.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Gold climbed above $4,100 as falling Treasury yields and a weaker dollar encouraged buying after the U.S. midterm elections. Lower yields and dollar weakness can support GLDM by making gold more attractive to investors. Gold climbs above $4,100 as falling yields and softer labor costs support bullion
• Positive Sentiment: Central banks added 321.2 metric tons of gold in the quarter through September, slightly more than jewelry buyers purchased, pointing to strong institutional demand that may underpin prices. Central banks bought more gold than the world’s jewelry buyers
• Positive Sentiment: The World Bank expects gold to remain above $4,000 through 2028, supporting the longer-term outlook, although it cautions that gains may be less dramatic than in 2026. World Bank sees gold holding above $4,000 through 2028
• Neutral Sentiment: Gold’s rebound has reclaimed key technical levels, but analysts say it still needs to overcome resistance and its broader declining trend to confirm a sustained reversal. Gold bullish reversal challenges downtrend
• Negative Sentiment: Elevated real yields and the upcoming U.S. jobs report could challenge gold’s momentum; a strong labor reading may reinforce expectations for tighter monetary policy and weigh on GLDM. Gold faces $4,200 barrier as real yields challenge the rally

SPDR Gold MiniShares Trust Stock Up 0.8%

Shares of NYSEARCA GLDM opened at $81.06 on Friday. The business has a 50-day moving average of $83.28 and a two-hundred day moving average of $88.78. SPDR Gold MiniShares Trust has a 1 year low of $76.54 and a 1 year 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.