Portside Wealth Group LLC boosted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 33.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 97,867 shares of the company’s stock after buying an additional 24,397 shares during the quarter. SPDR Gold MiniShares Trust accounts for approximately 1.0% of Portside Wealth Group LLC’s holdings, making the stock its 19th biggest position. Portside Wealth Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $7,482,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in GLDM. Deane Retirement Strategies Inc. lifted its position in SPDR Gold MiniShares Trust by 126.4% during the third quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after purchasing an additional 187 shares during the period. Financial Consulate Inc. purchased a new stake in SPDR Gold MiniShares Trust during the 3rd quarter valued at $34,000. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at $31,000. Family Legacy Financial Solutions LLC bought a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at $36,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new position in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth $31,000.
SPDR Gold MiniShares Trust News Summary
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Central banks continued net buying in December and lifted total 2025 purchases, sustaining structural demand for bullion that supports GLDM’s holdings. Central banks buy 19t of gold in December to total 328t in 2025, averaging 27t/m – World Gold Council
- Positive Sentiment: Lingering U.S.–Iran tensions have prompted dip-buying in bullion, providing episodic support to gold prices and to GLDM. Gold Rises on Possible Dip-Buying Amid Lingering U.S.-Iran Tensions
- Positive Sentiment: Analysts have generally lifted 2026 gold forecasts amid persistent geopolitical risk and central-bank demand, underpinning medium-term outlook for gold exposure like GLDM. Analysts ramp up gold forecasts as global uncertainties mount
- Neutral Sentiment: Barrick Gold’s plan to spin and IPO its North American gold assets affects miner equity structure and investor flows into mining stocks more than physical gold; impact on GLDM is indirect. Barrick Aims for IPO of North American Gold Assets This Year
- Neutral Sentiment: Growing interest in tokenized gold could broaden investor access to bullion over time; it’s a structural development but not an immediate price driver for the physical-backed ETF. MKS PAMP Capitalizing on Tokenized Gold as investor interest grows
- Negative Sentiment: Near-term profit-taking after recent rallies and a stronger U.S. dollar have pulled gold back from resistance levels, pressuring GLDM. Gold (XAUUSD) Price Forecast: Profit-Taking Pulls Gold Price Back From Resistance Zone
- Negative Sentiment: A dollar surge and easing tensions at times have weighed on bullion; technical studies point to consolidation and possible further pullbacks unless gold reclaims resistance. Gold (XAUUSD) & Silver Price Forecast: Dollar Surge Hits Gold, Is $4,850 the Line?
- Negative Sentiment: Market technicians flagged a possible short-term technical correction after a large prior advance, increasing the chance of range-bound gold and downside pressure on GLDM until momentum resumes. Gold Edges Lower on Possible Technical Correction
SPDR Gold MiniShares Trust Stock Down 0.2%
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.
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