SPDR Gold MiniShares Trust $GLDM Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC lessened its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 488,393 shares of the company’s stock after selling 37,213 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $37,338,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. LongView Wealth Management raised its position 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 during the last quarter. Hutchinson Financial Advisors INC increased its stake in SPDR Gold MiniShares Trust by 134.4% during the 3rd quarter. Hutchinson Financial Advisors INC now owns 48,768 shares of the company’s stock valued at $3,725,000 after purchasing an additional 27,959 shares in the last quarter. Brighton Jones LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the third quarter worth $652,000. Sound Income Strategies LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth $50,000. Finally, Myecfo LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 11.8% during the third quarter. Myecfo LLC now owns 22,758 shares of the company’s stock valued at $1,740,000 after buying an additional 2,400 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: 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 Price Performance

NYSEARCA GLDM opened at $87.87 on Tuesday. The stock’s fifty day moving average price is $82.23 and its 200 day moving average price is $73.71. SPDR Gold MiniShares Trust has a 1 year low of $51.43 and a 1 year high of $87.94.

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.