SPDR Gold MiniShares Trust $GLDM Shares Purchased by Sigma Planning Corp

Sigma Planning Corp boosted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 96.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,363 shares of the company’s stock after purchasing an additional 9,486 shares during the period. Sigma Planning Corp’s holdings in SPDR Gold MiniShares Trust were worth $1,795,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. China Universal Asset Management Co. Ltd. grew its stake in SPDR Gold MiniShares Trust by 9.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 206,200 shares of the company’s stock worth $17,603,000 after buying an additional 17,000 shares during the period. Farther Finance Advisors LLC raised its stake in shares of SPDR Gold MiniShares Trust by 17.4% in the 4th quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock valued at $54,270,000 after acquiring an additional 94,239 shares during the period. AE Wealth Management LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 37.0% during the 4th quarter. AE Wealth Management LLC now owns 330,650 shares of the company’s stock valued at $28,228,000 after acquiring an additional 89,313 shares in the last quarter. Financial Planning Hawaii Inc. purchased a new stake in SPDR Gold MiniShares Trust during the 4th quarter worth $2,816,000. Finally, Forbes Financial Planning Inc. purchased a new stake in SPDR Gold MiniShares Trust during the 4th quarter worth $4,302,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $78.72 on Friday. The stock’s 50-day moving average is $85.16 and its two-hundred day moving average is $91.59. SPDR Gold MiniShares Trust has a 12 month low of $64.71 and a 12 month high of $109.74.

More SPDR Gold MiniShares Trust News

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

• Negative Sentiment: Gold fell as resilient U.S. data, rising Treasury yields, and a firmer dollar outweighed support from softer inflation reports and geopolitical tensions. Gold breaks $4,000 as yields rise, Fed-rate relief fades – Kitco PM Report
• Negative Sentiment: Technical analysts warned that gold’s rejection from moving average resistance could lead to a deeper pullback if support levels fail. Gold (XAU/USD) Price Forecast: Will Gold Break Below Major Support Levels?
• Negative Sentiment: Better-than-expected U.S. labor and manufacturing data added to pressure on gold by reinforcing the case for higher yields and less immediate Fed support. Spot gold trades near session lows after U.S. weekly jobless claims drop to 208k
• Neutral Sentiment: Some strategists said the pullback does not necessarily end the broader gold bull market, suggesting the decline may be a consolidation rather than a trend reversal. Gold’s Pullback Doesn’t Mean the Bull Market Is Over
• Neutral Sentiment: Fidelity’s Samson said gold could return to an overweight position in portfolios later, reinforcing longer-term support even as near-term prices weaken. ‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027

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.