Ashton Thomas Private Wealth LLC Boosts Holdings in SPDR Gold MiniShares Trust $GLDM

Ashton Thomas Private Wealth LLC grew its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 29.1% in the third quarter, Holdings Channel reports. The firm owned 36,703 shares of the company’s stock after purchasing an additional 8,284 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,806,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Deane Retirement Strategies Inc. increased its stake in SPDR Gold MiniShares Trust by 126.4% in the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock worth $26,000 after acquiring an additional 187 shares during the last quarter. Financial Consulate Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth about $34,000. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Gold MiniShares Trust in the second quarter worth approximately $31,000. Family Legacy Financial Solutions LLC purchased a new stake in SPDR Gold MiniShares Trust in the third quarter valued at approximately $36,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new stake in SPDR Gold MiniShares Trust in the second quarter valued at approximately $31,000.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Ongoing central-bank purchases and upgraded analyst forecasts underpin medium‑to‑longer-term gold demand, providing structural support for GLDM. Analysts ramp up gold forecasts
• Positive Sentiment: CIBC published a bullish scenario projecting much higher average gold prices, which can steady investor sentiment in ETFs like GLDM if the outlook persists. CIBC sees gold averaging $6,000/oz
• Positive Sentiment: Geopolitical risk (U.S.–Iran tensions) has earlier supported dip-buying in gold, a tailwind that can limit downside for GLDM during sudden risk events. Gold Rises on Possible Dip-Buying
• Neutral Sentiment: Barrick’s plan to spin off North American assets via IPO is important for miners but has limited direct impact on GLDM, which tracks bullion rather than mining equities. Barrick Aims for IPO
• Neutral Sentiment: Growing interest in tokenized gold could broaden investor access over time, a structural positive but not an immediate driver of GLDM intraday moves. MKS PAMP Capitalizing on Tokenized Gold
• Negative Sentiment: WSJ reports that a selloff in cryptocurrencies triggered spillover selling into gold in Asian trade, pressuring prices and hurting GLDM flows. Gold Falls on Spillover From Crypto Selloff
• Negative Sentiment: Silver’s sharp deleveraging and large intramarket liquidations have dragged precious‑metals sentiment lower, amplifying outflows from gold ETFs including GLDM. Silver Dives on Deleveraging
• Negative Sentiment: Technical signs — a recent bearish reversal and failure to sustain a breakout around key resistance — plus dollar strength and Fed‑rate signals have prompted profit‑taking, increasing near‑term volatility for GLDM. Uncertainty After Bearish Reversal

SPDR Gold MiniShares Trust Price Performance

GLDM stock opened at $95.21 on Friday. The firm has a 50 day simple moving average of $89.79 and a two-hundred day simple moving average of $79.63. SPDR Gold MiniShares Trust has a one year low of $56.10 and a one year high of $109.74.

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.