Chatterton & Associates Inc. acquired a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 95,051 shares of the company’s stock, valued at approximately $8,115,000. SPDR Gold MiniShares Trust accounts for approximately 6.9% of Chatterton & Associates Inc.’s investment portfolio, making the stock its biggest position.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Savvy Advisors Inc. grew its holdings in SPDR Gold MiniShares Trust by 1,376.0% during the fourth quarter. Savvy Advisors Inc. now owns 71,234 shares of the company’s stock worth $6,081,000 after acquiring an additional 66,408 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in SPDR Gold MiniShares Trust by 19.4% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 11,297 shares of the company’s stock valued at $964,000 after acquiring an additional 1,834 shares during the period. Relyea Zuckerberg Hanson LLC lifted its holdings in SPDR Gold MiniShares Trust by 34.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 55,428 shares of the company’s stock valued at $4,732,000 after acquiring an additional 14,340 shares during the period. FLP Wealth Management LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth $517,000. Finally, Wealthcare Capital Management LLC grew its stake in shares of SPDR Gold MiniShares Trust by 17.8% during the 4th quarter. Wealthcare Capital Management LLC now owns 9,545 shares of the company’s stock worth $815,000 after purchasing an additional 1,441 shares during the period.
SPDR Gold MiniShares Trust News Summary
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Technical rebound — gold has staged a short-term recovery and is “fighting back,” helping gold ETFs like GLDM regain footing and curb recent losses. Gold Weekly Price Analysis – Gold Continues to Fight Back
- Positive Sentiment: Reclaimed 50‑day MA — XAUUSD has reclaimed the ~$4,675 50‑day moving average, a bullish technical sign that could support GLDM inflows if sustained. Gold (XAUUSD) & Silver Price Forecast: Gold Reclaims $4,675 Pre-NFP; Is $5,000 Next?
- Positive Sentiment: Support from buyers at key averages — analysts note buyers are defending support at shorter-term MAs (10‑/100‑day), which can limit downside for GLDM and offer tactical entry points. Gold (XAU/USD) Price Forecast: Buyers Eye Recovery Above Key Moving Averages
- Positive Sentiment: Structural demand — central banks remain net buyers of gold, a long‑term supportive flow for bullion ETFs including GLDM. Central banks remain net gold buyers in February despite rising geopolitical
- Neutral Sentiment: Mixed headlines — gold held weekly gains but upside is capped by rising oil and rate fears; this produces choppy trading for GLDM rather than a clear trend. Gold holds weekly gains, rising oil and rate fears cap upside
- Neutral Sentiment: Event-driven moves — short-term spikes or dips tied to Iran headlines and NFP data are producing volatile, short-lived moves rather than sustained trends for GLDM. Gold Rises on Hopes for Early End to U.S.-Iran Conflict
- Negative Sentiment: Dollar and rising yields pressure gold — several reports highlight USD strength and higher Treasury yields weighing on bullion, which can push GLDM lower if rates continue to climb. Gold and Silver Technical Analysis: Prices Under Pressure Ahead of NFP as Dollar Strengthens
- Negative Sentiment: Bearish technical risk — some technical analysis shows gold slipping below key trendlines/50‑day MA in other scenarios, which would likely trigger further outflows from gold ETFs like GLDM. Gold (XAUUSD) & Silver Price Forecast: Bears Take Control as Gold Trends Below 50-Day MA – Major Crash or Buy Dip?
- Negative Sentiment: Macro risk: 5% yield threshold — commentary warns Treasury yields approaching 5% could tighten conditions broadly and be a headwind to bullion and GLDM if realized. The 5% Yield Level Could Change Everything
SPDR Gold MiniShares Trust Stock Performance
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.
Further Reading
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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