Inspirion Wealth Advisors LLC lifted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 15.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 113,109 shares of the company’s stock after buying an additional 14,734 shares during the period. SPDR Gold MiniShares Trust comprises about 1.2% of Inspirion Wealth Advisors LLC’s holdings, making the stock its 20th largest position. Inspirion Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $9,656,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its position in SPDR Gold MiniShares Trust by 34.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $43,000 after acquiring an additional 145 shares in the last quarter. Legacy Capital Wealth Partners LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 0.5% during the 2nd quarter. Legacy Capital Wealth Partners LLC now owns 32,922 shares of the company’s stock worth $2,157,000 after acquiring an additional 153 shares during the period. LongView Wealth Management raised its position in shares of SPDR Gold MiniShares Trust by 5.3% in the 3rd quarter. LongView Wealth Management now owns 3,439 shares of the company’s stock worth $263,000 after acquiring an additional 172 shares in the last quarter. Evolution Wealth Management Inc. raised its position in shares of SPDR Gold MiniShares Trust by 55.1% in the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after acquiring an additional 174 shares in the last quarter. Finally, Caitlin John LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 0.9% in the 3rd quarter. Caitlin John LLC now owns 19,579 shares of the company’s stock valued at $1,497,000 after purchasing an additional 177 shares during the period.
SPDR Gold MiniShares Trust Stock Performance
NYSEARCA GLDM opened at $89.07 on Monday. SPDR Gold MiniShares Trust has a twelve month low of $58.56 and a twelve month high of $109.74. The stock’s 50 day moving average is $98.47 and its 200 day moving average is $87.03.
SPDR Gold MiniShares Trust News Roundup
- Positive Sentiment: Middle East tensions have intermittently supported safe‑haven flows into gold, creating short dips that attract buyers and can limit further losses. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Longer‑run structural demand signals — including ETF interest and industry coverage of GLDM — could support future inflows when gold stabilizes. ETF of the Week: SPDR Gold MiniShares Trust (GLDM)
- Positive Sentiment: Initiatives like the World Gold Council’s push for shared infrastructure and tokenized gold markets point to potential demand and new custody/market structures over time. World Gold Council building shared infrastructure
- Neutral Sentiment: Proposed U.S. federal legislation to diversify precious‑metals vault networks could shift custody dynamics for physical gold ETFs, with uncertain near‑term impact on flows. Proposed U.S. federal legislation looks to diversify precious metals vault network
- Neutral Sentiment: Swiss gold exports have fallen to post‑tariff shock lows, a supply datapoint that is interesting for structural balances but not an immediate price driver. Swiss gold exports fall
- Negative Sentiment: Broad selloff in gold this week — described as the largest weekly drop in years — is pressuring GLDM because the ETF tracks spot gold. Momentum and positioning changes are amplifying outflows. Gold sees biggest weekly loss in six years
- Negative Sentiment: Rising US Treasury yields and firmer inflation expectations have reduced the appeal of non‑yielding gold, pressuring prices and GLDM. Analysts link the move to diminished odds of near‑term Fed cuts. Gold Edges Lower on Inflation Concerns
- Negative Sentiment: Technical analysts warn of a support breakdown that could trigger a deeper correction toward lower targets, which would likely keep pressure on GLDM until price stabilizes. Gold (XAU/USD) Price Forecast: Support Breakdown
- Negative Sentiment: Recent oil‑driven moves that pushed yields and the dollar higher are cited as a near‑term catalyst for the gold selloff rather than a fundamental loss of safe‑haven appeal. Frank Talk: Oil shock sends yields higher and gold lower
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.
See Also
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