Farther Finance Advisors LLC lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 5.5% during the third quarter, Holdings Channel reports. The institutional investor owned 541,467 shares of the company’s stock after acquiring an additional 28,037 shares during the quarter. SPDR Gold MiniShares Trust makes up approximately 0.6% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 26th largest position. Farther Finance Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $41,395,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. ORG Partners LLC acquired a new position in SPDR Gold MiniShares Trust in the second quarter valued at approximately $28,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $31,000. Atlantic Union Bankshares Corp purchased a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at approximately $31,000. Family Legacy Financial Solutions LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at $36,000. Finally, Beacon Capital Management LLC purchased a new stake in SPDR Gold MiniShares Trust during the second quarter worth $38,000.
Key Stores Impacting SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Gold hit fresh record highs on rising geopolitical risk, which boosts safe‑haven demand for GLDM and other gold ETFs. Gold Hits Record High Amid Rising Geopolitical Risks
- Positive Sentiment: Large bilateral bullion flows — China reportedly bought nearly $1bn of Russian gold in November — point to sustained physical demand outside Western markets, supporting prices and ETF holdings like GLDM. Largest bilateral gold trade in history? China buys nearly $1 billion in bullion from Russia in November alone
- Positive Sentiment: Major bank forecasts are extremely bullish — JP Morgan and Goldman Sachs projections point to multi‑year upside for gold, reinforcing investor allocation to gold ETFs. JP Morgan sees gold at $5,055 by Q4 2026 as China and the cryptosphere add new demand What to Expect After Gold’s Surge Above $4,400
- Positive Sentiment: Technical breakouts and momentum trading are accelerating flows into gold and silver — a self-reinforcing price move that benefits gold ETFs including GLDM. Gold (XAUUSD) Price Forecast: Gold Rally Accelerates After $4381.44 Breakout
- Neutral Sentiment: Coverage pieces explaining how to invest in gold can increase retail interest and ETF inflows over time, but they don’t guarantee near‑term moves in GLDM. How to Invest in Gold
- Neutral Sentiment: Fintech developments (tokenized gold wallets) signal longer-term demand diversification for gold exposure but are only indirectly relevant to GLDM’s flows today. Trust Stamp and Blue Gold announce letter of intent for biometric wallet
SPDR Gold MiniShares Trust Stock Performance
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.
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Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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