Capitolis Liquid Global Markets LLC increased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 1.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 720,600 shares of the company’s stock after acquiring an additional 13,600 shares during the period. Capitolis Liquid Global Markets LLC’s holdings in SPDR Gold MiniShares Trust were worth $55,090,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Deane Retirement Strategies Inc. lifted its position in SPDR Gold MiniShares Trust by 126.4% during the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock worth $26,000 after acquiring an additional 187 shares during the period. Accredited Wealth Management LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 174.4% in the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares during the period. Financial Consulate Inc. acquired a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at approximately $34,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth approximately $36,000. Finally, Evolution Wealth Management Inc. raised its stake in shares of 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 purchasing an additional 174 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Down 1.3%
Shares of NYSEARCA GLDM opened at $99.28 on Friday. The stock has a fifty day moving average price of $97.83 and a 200 day moving average price of $85.98. SPDR Gold MiniShares Trust has a 1-year low of $58.56 and a 1-year high of $109.74.
Trending Headlines about SPDR Gold MiniShares Trust
- Positive Sentiment: Ongoing Middle East tensions keep intermittent safe‑haven demand for gold, providing underlying support for GLDM when risk spikes. Gold Edges Higher Amid Ongoing Middle East Conflict
- Positive Sentiment: Market commentators note buyers stepping in on dips and central‑bank and geopolitical flows that could support gold prices if volatility increases. Gold Price Analysis – Gold Continues to See Support on Dips
- Neutral Sentiment: Macro reports are mixed (durable goods, JOLTS, consumer sentiment); some readings push inflation expectations higher (which can buoy gold) while others reinforce rate‑tightening bets — this creates near‑term volatility rather than a clear trend. Spot gold at $5,100/oz after preliminary Consumer Sentiment falls
- Neutral Sentiment: Analysts expect more headline‑driven swings in coming weeks (rates, central bank activity, war), meaning GLDM could see quick rebounds and pullbacks depending on the next data/fed headlines. Gold Weekly Price Analysis
- Negative Sentiment: A liquidity crunch and stronger U.S. dollar ahead of the Fed meeting are pressuring gold, which weighs on GLDM since a firmer dollar reduces dollar‑priced commodity demand. Gold under pressure as liquidity crunch boosts dollar ahead of Fed meeting
- Negative Sentiment: Technical studies point to bearish patterns (bear flag, wedge breakdown) and analysts highlight downside support zones; if technical selling continues, GLDM could extend losses. Gold Price Forecast: Bear Flag Signals Potential Downside Targets
- Negative Sentiment: Rising Treasury yields and concerns about renewed inflation from higher oil can make real yields less favorable for gold, capping upside and pressuring GLDM. Gold Falls as Rising Oil Prices Spur Inflation Worries
About SPDR Gold MiniShares Trust
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.
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