SPDR Gold MiniShares Trust $GLDM Shares Sold by Chatterton & Associates Inc.

Chatterton & Associates Inc. decreased its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 38.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,151 shares of the company’s stock after selling 36,900 shares during the period. SPDR Gold MiniShares Trust accounts for approximately 3.9% of Chatterton & Associates Inc.’s portfolio, making the stock its 3rd biggest position. Chatterton & Associates Inc.’s holdings in SPDR Gold MiniShares Trust were worth $5,488,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GLDM. AQR Capital Management LLC grew its position in SPDR Gold MiniShares Trust by 90.6% in the first quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock worth $1,488,000 after acquiring an additional 11,428 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth $210,000. Jump Financial LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 1.3% during the 2nd quarter. Jump Financial LLC now owns 42,431 shares of the company’s stock valued at $2,780,000 after purchasing an additional 530 shares in the last quarter. State Street Corp raised its holdings in shares of SPDR Gold MiniShares Trust by 0.3% during the 2nd quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after purchasing an additional 8,380 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 82.1% in the 2nd quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock valued at $9,999,000 after purchasing an additional 68,786 shares during the last quarter.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Some analysts say the pullback may be creating a more attractive long-term entry point, arguing that gold’s broader bull market could still be intact despite the correction. Article Title
• Positive Sentiment: China’s gold imports hit a 26-month high in May, showing strong physical demand from the world’s largest bullion market. Article Title
• Neutral Sentiment: Several market commentators note that gold has fallen below the $4,000 level and is testing major technical support, with traders watching for either a rebound or a deeper correction. Article Title
• Neutral Sentiment: Some analysts say the current selloff is painful but may still fit within a larger secular bull market rather than signaling a long-term top. Article Title
• Negative Sentiment: Gold has broken below long-term trendline support and key Fibonacci levels, increasing the risk of further downside for bullion-backed funds. Article Title
• Negative Sentiment: Rising U.S. bond yields, dollar strength, and Fed rate-hike expectations have prompted multiple banks to cut gold forecasts, reinforcing bearish sentiment in the near term. Article Title

SPDR Gold MiniShares Trust Stock Down 3.0%

Shares of NYSEARCA:GLDM opened at $78.89 on Thursday. The business has a 50-day moving average of $89.22 and a two-hundred day moving average of $92.20. SPDR Gold MiniShares Trust has a fifty-two week low of $64.46 and a fifty-two week high of $109.74.

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.