Lido Advisors LLC Trims Stock Position in SPDR Gold MiniShares Trust $GLDM

Lido Advisors LLC cut its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 11.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 94,510 shares of the company’s stock after selling 12,685 shares during the period. Lido Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $7,821,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of GLDM. Mizuho Bank Ltd. acquired a new stake in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at about $137,763,000. Bank of America Corp DE grew its position in shares of SPDR Gold MiniShares Trust by 28.6% during the 3rd quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock valued at $563,230,000 after acquiring an additional 1,636,398 shares during the period. Payden & Rygel acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $110,981,000. Argos Wealth Advisors LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $67,468,000. Finally, Goldman Sachs Group Inc. grew its position in shares of SPDR Gold MiniShares Trust by 1,874.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 789,755 shares of the company’s stock valued at $67,421,000 after acquiring an additional 749,763 shares during the period.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA:GLDM opened at $85.42 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $64.46 and a 52 week high of $109.74. The stock’s 50-day moving average price is $91.54 and its 200-day moving average price is $92.02.

Key SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Some analysts still see the recent pullback as a buying opportunity, arguing that inflation concerns, strategic resource competition, and long-term demand trends could support gold later this year. Gold breaks below key technical support, but analysts see a buying opportunity
• Positive Sentiment: Geopolitical uncertainty in the Middle East continues to support gold’s safe-haven appeal, even as price action remains volatile. Gold Pressured by Rate-Hike Fears as Middle East Uncertainty Persists
• Neutral Sentiment: Several reports note technical support breaks and a bearish short-term chart setup, signaling continued volatility rather than a clear trend reversal. The gold chart looks precarious. Here’s how to profit
• Neutral Sentiment: Some longer-term forecasts remain bullish, with one industry outlook projecting much higher average gold prices in 2026 despite softer demand from jewelry and central banks. Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus
• Negative Sentiment: Stronger-than-expected U.S. payrolls and job growth have lifted rates and the dollar, triggering broad selling in gold and other precious metals. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
• Negative Sentiment: Gold falling below key levels such as $4,500 and $4,450 suggests short-term technical weakness and may keep pressure on GLDM until macro data or Fed expectations improve. Gold slips below $4,500 as strong jobs report hits rate-cut trade – Kitco AM Report

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.