WealthPLAN Partners LLC trimmed its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 68.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,860 shares of the company’s stock after selling 10,552 shares during the period. WealthPLAN Partners LLC’s holdings in SPDR Gold MiniShares Trust were worth $450,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 90.6% during the first quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock valued at $1,488,000 after buying an additional 11,428 shares in the last quarter. Walleye Capital LLC purchased a new stake in SPDR Gold MiniShares Trust in the 2nd quarter worth about $210,000. Jump Financial LLC lifted its stake in SPDR Gold MiniShares Trust by 1.3% in the 2nd quarter. Jump Financial LLC now owns 42,431 shares of the company’s stock worth $2,780,000 after acquiring an additional 530 shares in the last quarter. State Street Corp boosted its position in SPDR Gold MiniShares Trust by 0.3% during the 2nd quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after acquiring an additional 8,380 shares during the period. Finally, NewEdge Advisors LLC boosted its position in SPDR Gold MiniShares Trust by 82.1% during the 2nd quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock worth $9,999,000 after acquiring an additional 68,786 shares during the period.
SPDR Gold MiniShares Trust Stock Down 0.9%
NYSEARCA:GLDM opened at $80.70 on Thursday. SPDR Gold MiniShares Trust has a fifty-two week low of $64.71 and a fifty-two week high of $109.74. The stock’s 50-day moving average is $86.51 and its two-hundred day moving average is $91.93.
SPDR Gold MiniShares Trust News Roundup
- Neutral Sentiment: Invesco said central bank demand could help gold prices recover later in 2026, suggesting a supportive long-term backdrop for GLDM. Gold had a rough Q2, but central bank demand will push prices higher through 2026 – Invesco
- Neutral Sentiment: China’s central bank added 15 tonnes of gold in June, reinforcing official-sector demand that can support gold prices over time. China’s central bank buys the dip, increasing gold reserves by 15 tonnes in June
- Neutral Sentiment: Several analysts said geopolitical risk and long-term safe-haven demand remain constructive, even after the recent pullback in gold prices. Gold and Silver Price Forecast: Oil Spike and Strong Dollar Pressure Metals
- Negative Sentiment: Gold prices fell as hawkish Fed minutes, higher Treasury yields, and a stronger U.S. dollar reduced demand for bullion, which is weighing on GLDM. Gold slides as Fed minutes, Hormuz oil spike lift yields – Kitco PM Report
- Negative Sentiment: Fund flows were also weak, with investors reportedly leaving gold ETFs in June as rising rates increased the opportunity cost of holding gold-backed products. Investors flee gold ETFs in June as hawkish Fed expectations drive liquidation
- Negative Sentiment: Technical commentary across multiple updates said gold is struggling at resistance and may retest lower support, another near-term headwind for GLDM. Gold (XAU/USD) Price Forecast: Resistance Keeps Bears in Control
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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