Larson Financial Group LLC lifted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 435.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,623 shares of the company’s stock after buying an additional 21,647 shares during the period. Larson Financial Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,273,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. China Universal Asset Management Co. Ltd. raised its holdings in shares of SPDR Gold MiniShares Trust by 9.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 206,200 shares of the company’s stock worth $17,603,000 after purchasing an additional 17,000 shares during the last quarter. Detalus Advisors LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 34.0% during the third quarter. Detalus Advisors LLC now owns 91,003 shares of the company’s stock worth $6,957,000 after purchasing an additional 23,109 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 29.1% during the third quarter. Ashton Thomas Private Wealth LLC now owns 36,703 shares of the company’s stock worth $2,806,000 after purchasing an additional 8,284 shares during the last quarter. Belpointe Asset Management LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 102.7% during the third quarter. Belpointe Asset Management LLC now owns 12,249 shares of the company’s stock worth $936,000 after purchasing an additional 6,207 shares during the last quarter. Finally, CFS Investment Advisory Services LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 39.3% during the third quarter. CFS Investment Advisory Services LLC now owns 167,678 shares of the company’s stock worth $13,620,000 after purchasing an additional 47,344 shares during the last quarter.
SPDR Gold MiniShares Trust Price Performance
Shares of SPDR Gold MiniShares Trust stock opened at $88.70 on Wednesday. The firm has a fifty day moving average price of $93.37 and a 200 day moving average price of $91.32. SPDR Gold MiniShares Trust has a 1 year low of $64.11 and a 1 year high of $109.74.
Key Headlines Impacting SPDR Gold MiniShares Trust
- Positive Sentiment: Gold could find support from stronger-than-expected central bank buying, which Goldman Sachs said has been running ahead of prior estimates and is likely to increase further through 2026. Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs
- Positive Sentiment: Some reports noted a possible technical recovery in gold after recent losses, which could help stabilize GLDM if buyers step in around support levels. Gold Edges Higher on Possible Technical Recovery
- Neutral Sentiment: Gold remained sensitive to macro signals, including bond-market selling and inflation concerns, while safe-haven demand from Middle East tensions partially offset the pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Treasury Yields Test New Highs
- Neutral Sentiment: Several updates said gold was holding key technical support even as prices stayed below recent highs, suggesting the ETF may be range-bound until yields or the dollar reverse. Gold (XAUUSD) & Silver Price Forecast: Gold Cracks $4,540 Channel as Silver Holds $76 Floor — Next Move?
- Negative Sentiment: Spot gold fell below the $4,500 level in later trading as Treasury yields rose and the U.S. dollar strengthened, a bearish setup for GLDM. Gold drops below $4,500, silver breaks $74 support as Iran talks stall – Kitco PM Report
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.
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