Fortis Capital Advisors LLC Invests $472,000 in SPDR Gold MiniShares Trust $GLDM

Fortis Capital Advisors LLC purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,178 shares of the company’s stock, valued at approximately $472,000.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its position in SPDR Gold MiniShares Trust by 5.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 541,467 shares of the company’s stock worth $41,395,000 after purchasing an additional 28,037 shares during the period. Orion Porfolio Solutions LLC increased its holdings in SPDR Gold MiniShares Trust by 34.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 38,148 shares of the company’s stock valued at $2,499,000 after purchasing an additional 9,732 shares during the period. Detalus Advisors LLC increased its stake in shares of SPDR Gold MiniShares Trust by 34.0% during the third quarter. Detalus Advisors LLC now owns 91,003 shares of the company’s stock valued at $6,957,000 after buying an additional 23,109 shares during the period. Bangor Savings Bank raised its holdings in SPDR Gold MiniShares Trust by 2.7% in the 3rd quarter. Bangor Savings Bank now owns 436,528 shares of the company’s stock worth $33,373,000 after purchasing an additional 11,657 shares in the last quarter. Finally, Clear Harbor Asset Management LLC purchased a new stake in SPDR Gold MiniShares Trust in the third quarter worth about $2,863,000.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold continues to hit new record highs and technical momentum remains bullish, supporting ETF demand and helping lift GLDM. Gold (XAU/USD) Price Forecast: Buyers Maintain Control Above $5,000
• Positive Sentiment: Safe‑haven flows and geopolitical risk have pushed spot gold past $5,100, a major headline driver for gold ETFs including GLDM. Gold races to $5,100 record peak on safe-haven demand
• Positive Sentiment: Large buyers and institutions are adding to gold exposure (e.g., Tether disclosed substantial fourth‑quarter gold purchases), increasing underlying demand for GLDM. Tether says it bought 27 tons of gold in fourth quarter
• Positive Sentiment: Major banks and analysts are raising multi‑year upside targets (some citing $6,000+), fueling bullish investor sentiment toward gold exposures like GLDM. Gold rally has legs – banks lift upside targets to $6,000 and $7,000
• Neutral Sentiment: Economic and sentiment data (e.g., a drop in U.S. consumer confidence) have supported gold as a risk hedge; this is a mixed, data‑driven reason investors buy GLDM. Spot gold above $5,065/oz after U.S. Consumer Confidence falls
• Neutral Sentiment: Intraday commentary shows gold remains supported around the $5,000 level even amid noisy trading; useful for traders but not a clear directional trigger for longer‑term GLDM holders. Gold Price Analysis – Gold Continues to See Support at $5000 Despite Pullback
• Negative Sentiment: Analysts warn of short‑term technical correction and profit‑taking after the recent parabolic advance — a pullback in spot gold would pressure GLDM. Gold Falls on Likely Technical Correction, Possible Profit-Taking
• Negative Sentiment: Some technical reports flag momentum fatigue and a stalled multi‑session rally, increasing the probability of a pullback that could weigh on GLDM in the near term. Gold (XAUUSD) Price Forecast: Rally at Turning Point After Momentum Shows First Signs of Fatigue

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA GLDM opened at $102.51 on Wednesday. SPDR Gold MiniShares Trust has a twelve month low of $54.38 and a twelve month high of $102.58. The stock’s 50 day moving average is $87.36 and its 200 day moving average is $78.21.

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.