SPDR Gold MiniShares Trust $GLDM Holdings Boosted by Bangor Savings Bank

Bangor Savings Bank raised its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 436,528 shares of the company’s stock after buying an additional 11,657 shares during the quarter. SPDR Gold MiniShares Trust comprises about 2.8% of Bangor Savings Bank’s holdings, making the stock its 10th largest position. Bangor Savings Bank’s holdings in SPDR Gold MiniShares Trust were worth $33,373,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Legacy Capital Wealth Partners LLC increased its stake in shares of SPDR Gold MiniShares Trust by 0.5% during the second quarter. Legacy Capital Wealth Partners LLC now owns 32,922 shares of the company’s stock worth $2,157,000 after acquiring an additional 153 shares during the period. Private Trust Co. NA lifted its position in SPDR Gold MiniShares Trust by 3.9% in the second quarter. Private Trust Co. NA now owns 4,112 shares of the company’s stock valued at $269,000 after purchasing an additional 155 shares during the period. LongView Wealth Management boosted its holdings in 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. Evolution Wealth Management Inc. boosted its holdings in SPDR Gold MiniShares Trust by 55.1% in the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after purchasing an additional 174 shares in the last quarter. Finally, Financial Management Professionals Inc. increased its position in SPDR Gold MiniShares Trust by 41.7% during the 2nd quarter. Financial Management Professionals Inc. now owns 595 shares of the company’s stock worth $39,000 after purchasing an additional 175 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 Price Performance

GLDM opened at $90.90 on Tuesday. SPDR Gold MiniShares Trust has a 12 month low of $52.63 and a 12 month high of $91.65. The business has a 50 day simple moving average of $84.19 and a 200-day simple moving average of $75.96.

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.