Avior Wealth Management LLC cut its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 10.8% during the 4th quarter, Holdings Channel reports. The fund owned 93,354 shares of the company’s stock after selling 11,348 shares during the period. Avior Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $7,970,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Deane Retirement Strategies Inc. raised its holdings 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 purchasing an additional 187 shares during the period. Accredited Wealth Management LLC grew its holdings in SPDR Gold MiniShares Trust by 174.4% during the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares during the period. Financial Consulate Inc. purchased a new stake in SPDR Gold MiniShares Trust in the third quarter worth about $34,000. Family Legacy Financial Solutions LLC purchased a new stake in SPDR Gold MiniShares Trust in the third quarter worth about $36,000. Finally, Evolution Wealth Management Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 55.1% in the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after buying an additional 174 shares during the period.
SPDR Gold MiniShares Trust Stock Down 4.1%
GLDM stock opened at $91.86 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $58.56 and a twelve month high of $109.74. The business’s 50-day moving average price is $98.48 and its 200-day moving average price is $86.65.
More SPDR Gold MiniShares Trust News
- Positive Sentiment: World Gold Council is building shared infrastructure to support a $5 billion tokenized-gold market — a structural development that could expand institutional/retail access and demand for gold over time. World Gold Council building shared infrastructure to support $5 billion tokenized gold market
- Positive Sentiment: Middle East tensions continue to provide intermittent safe‑haven bids for gold, which can cushion ETF outflows during risk spikes. Gold (XAUUSD) & Silver Price Forecast: Middle East Tensions vs. Fed – Who Wins Gold?
- Positive Sentiment: Rising gold-loan activity in India and large private‑sector interest (e.g., Bain/Manappuram) point to robust physical demand in key retail markets. Inside India newsletter: Gold loans are thriving in India — and attracting global investors
- Neutral Sentiment: GLDM received ETF-of-the-week coverage (increases visibility/liquidity) — useful for medium-term flows but not an immediate price driver. ETF of the Week: SPDR Gold MiniShares Trust (GLDM)
- Neutral Sentiment: Mixed macro reads: some U.S. housing data (shock drop in new-home sales) briefly supported spot gold intraday, creating choppy price action rather than a clear directional signal. Spot gold back above $4,630/oz after U.S. new home sales post shock -17.9% drop
- Negative Sentiment: Hot inflation prints and higher inflation expectations have dimmed hopes for Fed rate cuts — a key reason for the broad selloff in gold and pressure on GLDM. Gold Edges Lower on Inflation Concerns, Dimmed Fed Rate-Cut Hopes
- Negative Sentiment: Broader market coverage documents a multi‑day selloff in gold/silver as investors reprice rate expectations and rotate out of safe havens. That macro narrative is directly weighing on GLDM flows. Gold and silver sell off as inflation fears grip global markets
- Negative Sentiment: Technical weakness — gold has dropped below the 50‑day moving average and is testing near‑term supports; several market technicians warn further downside unless buyers reassert control. Gold (XAU/USD) Price Forecast: Bearish Momentum Pushes Below 50-Day Average
- Negative Sentiment: Multiple regional central-bank decisions (ECB unchanged) and stronger regional surveys (Philly Fed) contributed to risk‑on/less dovish rate expectations, pressuring gold. Spot gold at session low $4,550/oz after Philly Fed survey rises 18.1 in March
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.
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