Welch Group LLC Acquires Shares of 15,311 SPDR Gold MiniShares Trust $GLDM

Welch Group LLC acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 15,311 shares of the company’s stock, valued at approximately $1,171,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Legacy Capital Wealth Partners LLC grew its position in SPDR Gold MiniShares Trust by 0.5% in the second quarter. Legacy Capital Wealth Partners LLC now owns 32,922 shares of the company’s stock valued at $2,157,000 after acquiring an additional 153 shares during the period. Private Trust Co. NA lifted its holdings in shares of SPDR Gold MiniShares Trust by 3.9% during the second quarter. Private Trust Co. NA now owns 4,112 shares of the company’s stock valued at $269,000 after acquiring an additional 155 shares during the period. LongView Wealth Management boosted its stake in shares of SPDR Gold MiniShares Trust by 5.3% in the 3rd quarter. LongView Wealth Management now owns 3,439 shares of the company’s stock valued at $263,000 after purchasing an additional 172 shares in the last quarter. Financial Management Professionals Inc. boosted its stake in shares of SPDR Gold MiniShares Trust by 41.7% in the 2nd quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock valued at $39,000 after purchasing an additional 175 shares in the last quarter. Finally, Deane Retirement Strategies Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 126.4% in the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock worth $26,000 after purchasing an additional 187 shares during the last quarter.

Key Stores Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Macro and market drivers support higher gold prices—investors are buying gold on expectations of looser U.S. policy and ongoing geopolitical tension, which lifts bullion and GLDM. How investors buy gold and what fuels the market
• Positive Sentiment: Gold reached new record highs in multiple sessions, reinforcing safe‑haven flows that benefit GLDM as an easy ETF proxy for bullion exposure. Gold Hits Record High Amid Rising Geopolitical Risks
• Positive Sentiment: Big demand signals and bullish analyst forecasts (including multi‑year price targets) underpin upside expectations for gold and thus GLDM’s outlook. JP Morgan sees gold at $5,055 by Q4 2026
• Positive Sentiment: Large cross‑border bullion flows—China buying nearly $1bn of Russian bullion in November—add physical demand that supports prices and GLDM. Largest bilateral gold trade in history? China buys nearly $1 billion in bullion from Russia
• Neutral Sentiment: Analyst/technical writeups and retail guidance explain how investors access gold (ETFs, futures, coins), which supports continued inflows into products like GLDM over time. How to Invest in Gold
• Neutral Sentiment: Sector news (exploration and miner financing headlines) highlights broader mining activity but has limited direct impact on GLDM, which tracks bullion. Ariana Resouces unearths latest encouraging drill data at Dokwe gold project
• Negative Sentiment: Risk of a reversal if the Fed pushes back on rate cuts or yields spike—momentum rallies can prompt short‑term profit‑taking and volatility for GLDM. What to Expect After Gold’s Surge Above $4,400

SPDR Gold MiniShares Trust Trading Up 2.3%

Shares of SPDR Gold MiniShares Trust stock opened at $87.87 on Tuesday. SPDR Gold MiniShares Trust has a 12-month low of $51.43 and a 12-month high of $87.94. The company has a 50-day simple moving average of $82.23 and a 200 day simple moving average of $73.71.

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.