SPDR Gold MiniShares Trust $GLDM Position Lifted by Austin Wealth Management LLC

Austin Wealth Management LLC lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 276,759 shares of the company’s stock after purchasing an additional 7,765 shares during the quarter. SPDR Gold MiniShares Trust comprises 3.5% of Austin Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. Austin Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $22,473,000 as of its most recent SEC filing.

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

Key SPDR Gold MiniShares Trust News

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

• Positive Sentiment: World Gold Council data show ETF investors didn’t flee after the recent price plunge, indicating resilient demand for gold-backed funds that supports GLDM flows and prices. Gold’s precipitous price drop didn’t spook ETF investors – World Gold Council
• Positive Sentiment: Lower Treasury yields and renewed safe‑haven demand have caught bids in gold, supporting upside on dips and helping GLDM recover after volatile moves. Gold News: Gold Catches a Bid on Lower Yields While Dollar Pressure Stalls Rally
• Positive Sentiment: Macro strategists and banks are still bullish on gold’s longer‑term case (e.g., CIBC’s view of much higher average prices), which lends structural support to gold ETFs like GLDM. CIBC sees gold averaging $6,000 an ounce as safe-haven demand persists
• Neutral Sentiment: Analysts note historic intraday swings but many say the broader bull case for gold remains intact — this explains why GLDM can rebound quickly after sharp drops. Historic swings batter gold and silver, but analysts say the bull case is intact
• Neutral Sentiment: Spot gold updates and consumer‑sentiment reads are moving price levels intraday (spot near $4,900s in recent reports), creating short‑term trading opportunities but not decisive trend shifts on their own. Spot gold at $4,955/oz after preliminary Consumer Sentiment rises to 57.3, but long-term inflation expectations rise again
• Neutral Sentiment: Color/market‑structure stories (e.g., very high local gold prices prompting unusual demand anecdotes) highlight the elevated price environment but have limited direct impact on GLDM flows. Gold prices are so high, a Macau hotel is literally tearing up its floor
• Negative Sentiment: A sharp sell‑off in silver and deleveraging in base/precious metals has spilled into gold at times, creating downside pressure that can weigh on GLDM during risk‑off episodes. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 13% On Deleveraging
• Negative Sentiment: Risk‑off moves tied to crypto and equity selloffs have previously pulled gold down in Asia sessions — these spillovers add to short‑term volatility and can pressure GLDM. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff
• Negative Sentiment: Some strategists warn the parabolic rally could peak and gold could correct substantially — a downside scenario that would be negative for GLDM if realized. Gold could slide to $4,000 as parabolic rally signals peak – BI’s McGlone

SPDR Gold MiniShares Trust Stock Up 3.0%

NYSEARCA GLDM opened at $98.06 on Friday. The firm’s fifty day simple moving average is $90.08 and its two-hundred day simple moving average is $79.93. SPDR Gold MiniShares Trust has a 12-month low of $56.10 and a 12-month high of $109.74.

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.