SPDR Gold MiniShares Trust $GLDM Stock: LTS Liquid Investments LLC Raises Holdings

LTS Liquid Investments LLC boosted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 24.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 283,425 shares of the company’s stock after buying an additional 55,863 shares during the quarter. SPDR Gold MiniShares Trust makes up about 7.0% of LTS Liquid Investments LLC’s holdings, making the stock its 5th largest position. LTS Liquid Investments LLC owned 0.07% of SPDR Gold MiniShares Trust worth $23,292,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Kingswood Wealth Advisors LLC lifted its holdings in SPDR Gold MiniShares Trust by 13.8% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 3,332 shares of the company’s stock worth $274,000 after buying an additional 403 shares during the last quarter. Paladin Wealth LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 3.5% in the 3rd quarter. Paladin Wealth LLC now owns 20,851 shares of the company’s stock valued at $1,713,000 after acquiring an additional 713 shares during the last quarter. Beacon Capital Management LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 112.9% in the 3rd quarter. Beacon Capital Management LLC now owns 11,402 shares of the company’s stock valued at $937,000 after acquiring an additional 6,046 shares during the last quarter. Brandywine Oak Private Wealth LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 2.0% in the 3rd quarter. Brandywine Oak Private Wealth LLC now owns 243,206 shares of the company’s stock valued at $19,987,000 after acquiring an additional 4,749 shares during the last quarter. Finally, Lederer & Associates Investment Counsel CA raised its position in shares of SPDR Gold MiniShares Trust by 3.0% during the 3rd quarter. Lederer & Associates Investment Counsel CA now owns 9,151 shares of the company’s stock worth $752,000 after acquiring an additional 270 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $79.13 on Monday. The stock’s 50-day simple moving average is $85.14 and its 200-day simple moving average is $85.96. SPDR Gold MiniShares Trust has a fifty-two week low of $77.50 and a fifty-two week high of $109.74.

Key Headlines Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Some analysts view the selloff as potentially temporary. Peter Schiff argued that stock-market turmoil could ultimately benefit gold, while fund manager Gabelli said geopolitical conflict and strong mining-sector cash flows support gold’s longer-term recovery prospects. U.S. economist says stock market crash will be bullish for Gold
• Neutral Sentiment: Falling U.S. Treasury yields briefly offered support, but investors are focused on the Federal Reserve’s October 28 decision. Future policy guidance could determine whether gold stabilizes near $4,000 or resumes its decline. Gold Defends $4,000 After Bounce as Fed Signals Take Center Stage
• Negative Sentiment: Renewed Middle East and Strait of Hormuz tensions have pushed crude oil prices higher, reviving inflation concerns and reducing expectations for easier monetary policy. The resulting “higher-for-longer” rate outlook is weighing on non-yielding gold. Gold heads for steep weekly loss as Hormuz tensions lift crude toward five-month highs
• Negative Sentiment: U.S. economic data has also been unfavorable: jobless claims fell to a three-month low, while manufacturing and services activity remained relatively healthy. Stronger economic conditions reduce safe-haven demand and can support restrictive Fed policy. Gold prices under pressure as US weekly jobless claims fall to three-month low
• Negative Sentiment: Technical momentum has deteriorated after gold broke below $4,000. Analysts identify possible support near $3,950 and $3,942; a sustained move below those levels could expose deeper Fibonacci and longer-term downside targets, increasing pressure on GLDM. Gold price forecast: Bearish momentum puts major support at risk

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.