Cassilly Financial Group LLC purchased a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 12,965 shares of the company’s stock, valued at approximately $1,107,000. SPDR Gold MiniShares Trust makes up about 1.0% of Cassilly Financial Group LLC’s portfolio, making the stock its 28th biggest holding.
A number of other hedge funds have also recently bought and sold shares of GLDM. AQR Capital Management LLC raised its holdings in SPDR Gold MiniShares Trust by 90.6% in the first quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock valued at $1,488,000 after acquiring an additional 11,428 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in SPDR Gold MiniShares Trust by 2.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 352,788 shares of the company’s stock worth $23,115,000 after acquiring an additional 9,417 shares in the last quarter. Hsbc Holdings PLC acquired a new position in SPDR Gold MiniShares Trust during the 2nd quarter worth $1,448,000. Lido Advisors LLC increased its position in shares of SPDR Gold MiniShares Trust by 686.1% in the 2nd quarter. Lido Advisors LLC now owns 52,772 shares of the company’s stock worth $3,458,000 after purchasing an additional 46,059 shares during the last quarter. Finally, Fisher Asset Management LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth about $236,000.
SPDR Gold MiniShares Trust Stock Performance
Shares of SPDR Gold MiniShares Trust stock opened at $89.32 on Tuesday. SPDR Gold MiniShares Trust has a 1 year low of $58.56 and a 1 year high of $109.74. The firm’s 50-day simple moving average is $98.13 and its 200-day simple moving average is $87.73.
Key Stories Impacting SPDR Gold MiniShares Trust
- Positive Sentiment: Modest safe‑haven buying lifted gold and silver in recent trade, providing direct support for GLDM as investors seek reserves amid uncertainty. Gold, silver see gains on modest safe-haven bidding
- Positive Sentiment: Reports of central-bank purchases and large official buying continue to underpin gold’s long-term bid, a tailwind for GLDM if buying persists. Gold (XAUUSD) & Silver Price Forecast: Gold Eyes $4,600 – Breakout or Trap?
- Positive Sentiment: HSBC says a de‑dollarization trend could drive further gains for gold despite it behaving like a risk asset this year — a bullish thematic for GLDM over months. ‘Gold is behaving like a risk asset in 2026′ but de-dollarization trend will drive further gains – HSBC
- Neutral Sentiment: U.S.–Iran talks are sending mixed signals; divergent diplomatic developments can both dampen and raise safe‑haven flows, creating short‑term price ambiguity for GLDM. Gold Edges Lower Amid Divergent Signals on U.S.-Iran Talks
- Neutral Sentiment: Intraday technical and trading guides highlight key entry/exit levels — useful for traders but unlikely to change GLDM’s trend without macro catalysts. Gold market analysis for March 30 – key intra-day price entry levels for active traders
- Negative Sentiment: Rising oil and renewed inflation fears lifted expectations for higher yields, which historically reduce gold’s appeal and pressured prices — a headwind for GLDM. Gold Falls Amid Rising Inflation Fears
- Negative Sentiment: Analysts warn elevated volatility may keep retail investors sidelined, lowering marginal demand and increasing downside risk for ETF flows like GLDM. Gold’s volatility could keep retail investors on the sidelines, raising the risk of further downside – DeCarley’s Garner
- Negative Sentiment: Technical commentaries note oil-driven inflation and higher-rate expectations are pressuring gold’s near-term technical setup; failure to hold key supports could extend weakness for GLDM. Gold and Silver Technical Analysis: Oil Spike Hits Gold as Silver Builds Breakout Setup
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.
Further Reading
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