SPDR Gold MiniShares Trust $GLDM Shares Acquired by Integrated Advisors Network LLC

Integrated Advisors Network LLC lifted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 99,862 shares of the company’s stock after buying an additional 6,405 shares during the period. Integrated Advisors Network LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,207,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC grew its holdings in SPDR Gold MiniShares Trust by 86.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 25,798 shares of the company’s stock valued at $2,049,000 after buying an additional 11,966 shares during the period. Financial Enhancement Group LLC increased its stake in shares of SPDR Gold MiniShares Trust by 117.8% during the 3rd quarter. Financial Enhancement Group LLC now owns 108,686 shares of the company’s stock valued at $8,816,000 after acquiring an additional 58,787 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 64.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,188,672 shares of the company’s stock worth $97,685,000 after acquiring an additional 465,716 shares during the period. Verde Servicos Internacionais S.A. lifted its holdings in shares of SPDR Gold MiniShares Trust by 62.5% during the 1st quarter. Verde Servicos Internacionais S.A. now owns 595,207 shares of the company’s stock worth $55,170,000 after acquiring an additional 228,870 shares during the period. Finally, Noble Wealth Partners LLC purchased a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth about $1,287,000.

SPDR Gold MiniShares Trust Price Performance

GLDM opened at $81.48 on Wednesday. The company’s 50 day simple moving average is $85.53 and its 200 day simple moving average is $86.22. SPDR Gold MiniShares Trust has a 1 year low of $77.50 and a 1 year high of $109.74.

Key SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Investors directed approximately $500 million into a lower-cost SPDR gold fund, highlighting continued demand for inexpensive bullion exposure and potentially supporting GLDM’s assets and liquidity. Forget GLD. Investors Sent $500 Million to the Cheaper SPDR Gold Fund
• Positive Sentiment: The World Gold Council said tokenized gold could eventually unlock as much as $700 billion in new investment demand by making gold easier to own, trade and use as collateral. Tokenized gold could unlock $700 billion new demand
• Positive Sentiment: Longer-term forecasts remain constructive in some areas: CIBC expects central-bank demand to help gold recover toward $5,200 in 2027, while Australian gold export earnings and industry consolidation point to sustained strategic interest in the metal. CIBC gold forecast Gold and copper underpin junior resources outlook
• Neutral Sentiment: Technical analysts view gold as range-bound, with support near $4,000-$4,100 and resistance around $4,217-$4,260. A sustained break above resistance could improve momentum, while a failure to hold support would extend weakness. Gold Tests Major Demand Zone
• Negative Sentiment: Gold struggled to attract safe-haven buying despite weak U.S. housing data. Higher yields, a stronger dollar, firm oil prices and market pricing for a December Fed rate hike are reducing the appeal of non-yielding gold, weighing on GLDM. Gold pressured despite falling yields December hike bets build

About SPDR Gold MiniShares Trust

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.