Geneos Wealth Management Inc. Has $100,000 Holdings in SPDR Gold MiniShares Trust $GLDM

Geneos Wealth Management Inc. trimmed its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 83.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,311 shares of the company’s stock after selling 6,675 shares during the period. Geneos Wealth Management Inc.’s holdings in SPDR Gold MiniShares Trust were worth $100,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of GLDM. Empower Advisory Group LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at $336,022,000. 3EDGE Asset Management LP increased its stake in SPDR Gold MiniShares Trust by 43.0% in the second quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock valued at $144,905,000 after purchasing an additional 664,523 shares in the last quarter. CWM LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 508.4% during the third quarter. CWM LLC now owns 781,531 shares of the company’s stock valued at $59,748,000 after purchasing an additional 653,080 shares during the period. Corient Private Wealth LLC boosted its position in shares of SPDR Gold MiniShares Trust by 3,304.3% during the 2nd quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after purchasing an additional 618,690 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its stake in shares of SPDR Gold MiniShares Trust by 4,571.8% in the 2nd quarter. Diversify Advisory Services LLC now owns 469,752 shares of the company’s stock valued at $31,130,000 after buying an additional 459,697 shares during the period.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: DOJ probe into Fed Chair Jerome Powell amplified investor concern about Fed independence and spurred a dollar selloff and rush into gold as a safe haven. ‘Sell America’ trade: Dollar drops, gold surges…
• Positive Sentiment: Gold broke through $4,600/oz on Fed concerns and safe‑haven demand, a direct catalyst for higher flows into GLDM. Gold Breaks Through $4,600…
• Positive Sentiment: Multiple Kitco and market commentaries report record highs and strong risk‑off demand, reinforcing momentum for gold ETFs. Powerful rallies send gold, silver to record highs…
• Positive Sentiment: Geopolitical headlines — including coverage that investors are searching for shelters beyond gold and defence stocks — added to demand for bullion and related ETFs. Trump Greenland threat triggers search for shelter beyond gold…
• Positive Sentiment: Longer‑term performance write‑ups highlight strong multi‑year returns for GLDM, which can attract buy‑and‑hold flows. If You Invested $1000 In SPDR Gold MiniShares Trust…
• Neutral Sentiment: Market strategists are watching dollar moves, CPI, and DOJ headlines for the next leg of the rally; these macro variables could reinforce or reverse flows into GLDM. What I am Watching Today: The US Dollar and the Department of Justice
• Negative Sentiment: Some technical commentary warns of a near‑term correction after a fast move to records, which could cause short‑term profit taking in GLDM. Gold Edges Lower on Likely Technical Correction
• Negative Sentiment: Analysts point to resistance near $4,770/oz, which could cap upside and slow inflows if gold stalls around that level. Gold prices ride geopolitical shockwaves above $4,600, but real resistance lies at $4,770/oz

SPDR Gold MiniShares Trust Stock Up 1.9%

Shares of SPDR Gold MiniShares Trust stock opened at $90.90 on Tuesday. The business has a 50-day simple moving average of $84.19 and a 200 day simple moving average of $75.96. SPDR Gold MiniShares Trust has a one year low of $52.63 and a one year high of $91.65.

SPDR Gold MiniShares Trust 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.