SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Reaches New 1-Year High – Here’s Why

SPDR Gold MiniShares Trust (NYSEARCA:GLDM)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $100.76 and last traded at $100.7840, with a volume of 2172642 shares changing hands. The stock had previously closed at $98.61.

SPDR Gold MiniShares Trust News Roundup

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

• Positive Sentiment: Record gold rally and safe‑haven flows lifted bullion prices, directly supporting GLDM which tracks physical gold exposure. Gold races to $5,100 record peak on safe‑haven demand
• Positive Sentiment: Tether added ~27 metric tons of gold to its fund exposure in Q4 — another source of demand from large institutional/crypto players that can underpin bullion and GLDM flows. Tether says it bought 27 tons of gold in fourth quarter
• Positive Sentiment: Analysts and strategists project further upside (SocGen and others see multi‑thousand dollar targets), reinforcing momentum narratives that attract ETF inflows into products like GLDM. Gold is headed to $6,000 this year and that is a ‘conservative estimate’ – SocGen
• Positive Sentiment: Weakening US dollar and heightened geopolitical risks are cited repeatedly as drivers of the rally — a macro backdrop favorable for gold ETFs such as GLDM. Gold News: XAU Breakout Above $5000 Driven by Geopolitical Chaos & Weak Dollar
• Positive Sentiment: Broad precious‑metals strength and miner rallies underscore flows into the sector, often correlated with ETF demand that can boost GLDM liquidity and price. Newmont, Freeport, and Other Mining Stocks Jump as Gold Surges
• Neutral Sentiment: Economic datapoints (eg, stronger US durable‑goods) so far have not dented the gold uptrend; watch incoming US data and earnings for near‑term volatility cues. Gold Rises Over 2%; US Durable Goods Orders Jump In November
• Negative Sentiment: Analysts warn the rally is parabolic and a Fed meeting/earnings season could trigger sharp pullbacks — elevated prices and strong momentum increase correction risk for GLDM. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Gains 10% As Historic Rally Continues

SPDR Gold MiniShares Trust Stock Performance

The business has a 50 day moving average price of $86.52 and a 200-day moving average price of $77.71.

Institutional Investors Weigh In On SPDR Gold MiniShares Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of GLDM. PDS Planning Inc boosted its position in shares of SPDR Gold MiniShares Trust by 0.8% during the 4th quarter. PDS Planning Inc now owns 28,495 shares of the company’s stock worth $2,433,000 after purchasing an additional 235 shares in the last quarter. BCM Advisors LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at about $670,000. CWM LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 19.2% in the fourth quarter. CWM LLC now owns 931,521 shares of the company’s stock valued at $79,524,000 after purchasing an additional 149,990 shares during the period. Financial Guidance Group Inc. boosted its holdings in SPDR Gold MiniShares Trust by 6.6% during the fourth quarter. Financial Guidance Group Inc. now owns 81,256 shares of the company’s stock worth $6,937,000 after buying an additional 5,034 shares in the last quarter. Finally, Austin Wealth Management LLC grew its position in SPDR Gold MiniShares Trust by 3.5% during the fourth quarter. Austin Wealth Management LLC now owns 286,479 shares of the company’s stock worth $25,376,000 after buying an additional 9,720 shares during the period.

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.