6,994 Shares in SPDR Gold MiniShares Trust $GLDM Acquired by Miller Global Investments LLC

Miller Global Investments LLC bought a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the fourth quarter, HoldingsChannel.com reports. The fund bought 6,994 shares of the company’s stock, valued at approximately $597,000.

A number of other hedge funds have also added to or reduced their stakes in GLDM. Foguth Wealth Management LLC. bought a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at $248,000. Bush Investment Group LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 42.9% in the third quarter. Bush Investment Group LLC now owns 73,182 shares of the company’s stock worth $5,595,000 after acquiring an additional 21,983 shares during the period. IFP Advisors Inc increased its position in SPDR Gold MiniShares Trust by 11.1% during the third quarter. IFP Advisors Inc now owns 34,155 shares of the company’s stock valued at $2,611,000 after acquiring an additional 3,425 shares during the last quarter. TD Capital Management LLC increased its position in SPDR Gold MiniShares Trust by 635.4% during the third quarter. TD Capital Management LLC now owns 1,993 shares of the company’s stock valued at $152,000 after acquiring an additional 1,722 shares during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in SPDR Gold MiniShares Trust by 2.0% in the third quarter. CIBC Private Wealth Group LLC now owns 22,225 shares of the company’s stock valued at $1,699,000 after acquiring an additional 445 shares during the period.

SPDR Gold MiniShares Trust News Roundup

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

• Positive Sentiment: World Gold Council is building shared infrastructure to support a $5 billion tokenized-gold market — a structural development that could expand institutional/retail access and demand for gold over time. World Gold Council building shared infrastructure to support $5 billion tokenized gold market
• Positive Sentiment: Middle East tensions continue to provide intermittent safe‑haven bids for gold, which can cushion ETF outflows during risk spikes. Gold (XAUUSD) & Silver Price Forecast: Middle East Tensions vs. Fed – Who Wins Gold?
• Positive Sentiment: Rising gold-loan activity in India and large private‑sector interest (e.g., Bain/Manappuram) point to robust physical demand in key retail markets. Inside India newsletter: Gold loans are thriving in India — and attracting global investors
• Neutral Sentiment: GLDM received ETF-of-the-week coverage (increases visibility/liquidity) — useful for medium-term flows but not an immediate price driver. ETF of the Week: SPDR Gold MiniShares Trust (GLDM)
• Neutral Sentiment: Mixed macro reads: some U.S. housing data (shock drop in new-home sales) briefly supported spot gold intraday, creating choppy price action rather than a clear directional signal. Spot gold back above $4,630/oz after U.S. new home sales post shock -17.9% drop
• Negative Sentiment: Hot inflation prints and higher inflation expectations have dimmed hopes for Fed rate cuts — a key reason for the broad selloff in gold and pressure on GLDM. Gold Edges Lower on Inflation Concerns, Dimmed Fed Rate-Cut Hopes
• Negative Sentiment: Broader market coverage documents a multi‑day selloff in gold/silver as investors reprice rate expectations and rotate out of safe havens. That macro narrative is directly weighing on GLDM flows. Gold and silver sell off as inflation fears grip global markets
• Negative Sentiment: Technical weakness — gold has dropped below the 50‑day moving average and is testing near‑term supports; several market technicians warn further downside unless buyers reassert control. Gold (XAU/USD) Price Forecast: Bearish Momentum Pushes Below 50-Day Average
• Negative Sentiment: Multiple regional central-bank decisions (ECB unchanged) and stronger regional surveys (Philly Fed) contributed to risk‑on/less dovish rate expectations, pressuring gold. Spot gold at session low $4,550/oz after Philly Fed survey rises 18.1 in March

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA:GLDM opened at $91.86 on Friday. The stock’s 50-day simple moving average is $98.48 and its two-hundred day simple moving average is $86.65. SPDR Gold MiniShares Trust has a 52-week low of $58.56 and a 52-week 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.