RMR Wealth Builders purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 6,616 shares of the company’s stock, valued at approximately $506,000.
Other hedge funds have also modified their holdings of the company. Empower Advisory Group LLC purchased a new stake in SPDR Gold MiniShares Trust in the 2nd quarter valued at about $336,022,000. Sumitomo Mitsui Trust Group Inc. increased its position in shares of SPDR Gold MiniShares Trust by 26.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock valued at $1,412,638,000 after acquiring an additional 3,881,643 shares during the last quarter. 3EDGE Asset Management LP increased its holdings in SPDR Gold MiniShares Trust by 43.0% in the 2nd quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock valued at $144,905,000 after purchasing an additional 664,523 shares during the last quarter. CWM LLC raised its position in SPDR Gold MiniShares Trust by 508.4% in the third quarter. CWM LLC now owns 781,531 shares of the company’s stock valued at $59,748,000 after purchasing an additional 653,080 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in SPDR Gold MiniShares Trust by 3,304.3% during the second quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after purchasing an additional 618,690 shares in the last quarter.
SPDR Gold MiniShares Trust Stock Down 2.6%
Shares of NYSEARCA GLDM opened at $95.21 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $56.10 and a twelve month high of $109.74. The stock has a fifty day simple moving average of $89.79 and a 200-day simple moving average of $79.63.
SPDR Gold MiniShares Trust News Roundup
- Positive Sentiment: High‑profile bullish views and increased analyst targets support longer‑term gold demand — Ray Dalio and other commentators point to dollar weakness and rising doubts about fiat money value, which can drive safe‑haven flows into gold-backed ETFs. Bridgewater’s Ray Dalio Foresees a Capital War. The Worst Asset, and How Much Gold to Own.
- Positive Sentiment: Analysts are raising 2026 gold forecasts amid mounting geopolitical and macro uncertainty, supporting the case for continued ETF inflows over the medium term. Analysts ramp up gold forecasts as global uncertainties mount
- Positive Sentiment: Central‑bank buying remains robust (World Gold Council data), underpinning structural demand that benefits GLDM as a gold proxy. Central banks buy 19t of gold in December to total 328t in 2025, averaging 27t/m – World Gold Council
- Positive Sentiment: Major banks (CIBC) project materially higher average gold prices into 2026, a bullish fundamental thesis that supports longer‑term GLDM holdings. CIBC sees gold averaging $6,000 an ounce as safe-haven demand persists
- Neutral Sentiment: Technical analysts note key support zones holding but also warn of a failed breakout and consolidation; this creates potential for choppy trading that can amplify ETF flows without changing the medium‑term trend. Gold (XAU/USD) Price Forecast: Consolidation Possible After Failed Breakout
- Neutral Sentiment: Intraday technical/price‑level analysis shows traders watching $4,800–$5,000 ranges — continued volatility likely means GLDM could move sharply intraday with limited directional conviction. Gold News: Price Prediction Hinges on $5002.31–$5143.89 — Traders Brace for Next Move
- Negative Sentiment: Short‑term selling pressures: profit‑taking, a bearish reversal and a stronger dollar have pulled gold back from recent highs, driving outflows from GLDM in the near term. Gold (XAUUSD) Price Forecast: Profit-Taking Pulls Gold Price Back From Resistance Zone
- Negative Sentiment: Market spillovers and liquidity shocks (cryptocurrency selloff, silver deleveraging and margin calls) have pressured precious metals and sparked volatility that can accelerate near‑term declines in GLDM. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 13% On Deleveraging
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.
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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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