Catalyst Capital Advisors LLC Cuts Stock Holdings in SPDR Gold MiniShares Trust $GLDM

Catalyst Capital Advisors LLC trimmed its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 11.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 56,300 shares of the company’s stock after selling 7,100 shares during the period. Catalyst Capital Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,806,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Impact Partnership Wealth LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 10.7% during the 4th quarter. Impact Partnership Wealth LLC now owns 2,990 shares of the company’s stock valued at $255,000 after purchasing an additional 289 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of SPDR Gold MiniShares Trust by 23.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 455,037 shares of the company’s stock valued at $38,847,000 after purchasing an additional 85,476 shares in the last quarter. Savant Capital LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 13.9% during the 4th quarter. Savant Capital LLC now owns 7,900 shares of the company’s stock valued at $674,000 after purchasing an additional 966 shares in the last quarter. Newport Capital Group LLC purchased a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at approximately $325,000. Finally, Foundations Investment Advisors LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 1.5% during the 4th quarter. Foundations Investment Advisors LLC now owns 66,109 shares of the company’s stock valued at $5,644,000 after purchasing an additional 999 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Up 1.1%

NYSEARCA:GLDM opened at $89.93 on Friday. The company has a 50 day moving average price of $91.64 and a 200-day moving average price of $91.81. SPDR Gold MiniShares Trust has a 1-year low of $64.46 and a 1-year high of $109.74.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold rebounded after weak U.S. growth data and softer labor signals, including higher jobless claims and disappointing housing data, which improved the case for future Fed rate cuts and supported bullion prices. Gold rebounds as weak GDP offsets Hormuz risk – Kitco PM Report
• Positive Sentiment: Several technical-analysis pieces suggest gold is trying to build a bullish reversal after finding support near major moving averages, which can encourage dip-buying in GLDM. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Bullish Reversal
• Positive Sentiment: Traders also bought gold on hopes that a U.S.-Iran deal could reduce geopolitical risk in a way that keeps markets focused on safe-haven demand and broader macro uncertainty. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Prices Jump Amid Iran Deal Hopes
• Neutral Sentiment: Gold is now in a data-dependent phase, with investors watching manufacturing and jobs reports closely because they could change expectations for Fed policy and move gold-related funds like GLDM. Gold braces for labor market week as investors eye manufacturing, jobs data
• Negative Sentiment: Gold also faced pressure when the dollar firmed and Treasury yields rose, reminding investors that higher rates can weigh on non-yielding assets like gold and limit GLDM upside. Gold Price Analysis – Gold Continues to Move with Bond Yields

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.