Daymark Wealth Partners LLC Buys Shares of 9,820 SPDR Gold MiniShares Trust $GLDM

Daymark Wealth Partners LLC bought a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, HoldingsChannel reports. The fund bought 9,820 shares of the company’s stock, valued at approximately $838,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. lifted its stake in SPDR Gold MiniShares Trust by 26.6% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock worth $1,412,638,000 after acquiring an additional 3,881,643 shares in the last quarter. Mizuho Bank Ltd. acquired a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at about $137,763,000. Bank of America Corp DE increased its holdings in shares of SPDR Gold MiniShares Trust by 28.6% in the 3rd quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock valued at $563,230,000 after purchasing an additional 1,636,398 shares during the period. CWM LLC lifted its position in shares of SPDR Gold MiniShares Trust by 508.4% in the third quarter. CWM LLC now owns 781,531 shares of the company’s stock worth $59,748,000 after purchasing an additional 653,080 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 3,304.3% during the second quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after purchasing an additional 618,690 shares during the period.

SPDR Gold MiniShares Trust Stock Down 3.7%

Shares of GLDM opened at $86.33 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $58.56 and a 52 week high of $109.74. The company’s 50 day moving average price is $98.19 and its 200 day moving average price is $87.27.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Advisors are increasing allocations to gold ETFs, reframing gold as a permanent portfolio diversifier amid record global debt — a demand tailwind for GLDM. Gold ETFs Gain as Advisors Seek New Diversifiers
• Positive Sentiment: Swiss Bankers Association says gold’s role as a store of value is increasing despite volatility, supporting longer‑term investor demand for GLDM. Swiss Bankers Association: gold’s importance increasing
• Positive Sentiment: Major bank outlooks remain bullish for gold over the medium term (Wells Fargo sees a strong year‑end target), which underpins ETF inflows when risk factors re‑assert. Wells Fargo still sees $6,200/oz by year-end
• Neutral Sentiment: Commentary argues physical gold’s role vs. “paper” markets is complex — useful context but not an immediate price driver for GLDM. Physical gold neutralized by ‘paper trap’
• Neutral Sentiment: Technical and intra‑day trading analyses note potential bounce/resistance levels — useful for traders but ambiguous for GLDM’s direction until macro drivers settle. Gold price rebound testing key resistance
• Negative Sentiment: Gold has plunged in the latest sessions as a stronger USD and rising bond yields reduce its safe‑haven appeal — the main immediate reason GLDM fell today. Gold dives 2.5% as oil markets rally
• Negative Sentiment: Market moves tied to a coordinated hawkish shift from the Fed and other central banks (and oil topping $100) have revived “higher‑for‑longer” rate fears, pressuring gold and GLDM. The Fed Meeting Changed Everything
• Negative Sentiment: Turkey sold roughly 58.4 tonnes of gold over two weeks — extra official sales can add supply pressure to the market. Turkey taps its gold reserves
• Negative Sentiment: Reports note fading ceasefire hopes and mixed geopolitical signals; when safe‑haven demand falls, gold and GLDM suffer near term. Gold, Silver Tumble Again

SPDR Gold MiniShares Trust Company 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.