Fisher Asset Management LLC Buys 7,725 Shares of SPDR Gold MiniShares Trust $GLDM

Fisher Asset Management LLC increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 294.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,351 shares of the company’s stock after purchasing an additional 7,725 shares during the quarter. Fisher Asset Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $884,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. U.S. Capital Wealth Advisors LLC increased its position in shares of SPDR Gold MiniShares Trust by 0.8% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock valued at $1,208,000 after buying an additional 112 shares during the period. One Charles Private Wealth Services LLC boosted its position in shares of SPDR Gold MiniShares Trust by 0.5% in the fourth quarter. One Charles Private Wealth Services LLC now owns 25,976 shares of the company’s stock valued at $2,218,000 after acquiring an additional 120 shares during the period. EverSource Wealth Advisors LLC grew its stake in SPDR Gold MiniShares Trust by 34.6% during the third quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $43,000 after acquiring an additional 145 shares in the last quarter. Meredith Wealth Planning grew its stake in SPDR Gold MiniShares Trust by 3.8% during the fourth quarter. Meredith Wealth Planning now owns 4,197 shares of the company’s stock valued at $358,000 after acquiring an additional 152 shares in the last quarter. Finally, Crews Bank & Trust increased its holdings in SPDR Gold MiniShares Trust by 2.1% during the 4th quarter. Crews Bank & Trust now owns 8,450 shares of the company’s stock worth $721,000 after acquiring an additional 175 shares during the period.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold rebounded after weak U.S. growth data and softer labor signals, including higher jobless claims and disappointing housing data, which improved the case for future Fed rate cuts and supported bullion prices. Gold rebounds as weak GDP offsets Hormuz risk – Kitco PM Report
• Positive Sentiment: Several technical-analysis pieces suggest gold is trying to build a bullish reversal after finding support near major moving averages, which can encourage dip-buying in GLDM. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Bullish Reversal
• Positive Sentiment: Traders also bought gold on hopes that a U.S.-Iran deal could reduce geopolitical risk in a way that keeps markets focused on safe-haven demand and broader macro uncertainty. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Prices Jump Amid Iran Deal Hopes
• Neutral Sentiment: Gold is now in a data-dependent phase, with investors watching manufacturing and jobs reports closely because they could change expectations for Fed policy and move gold-related funds like GLDM. Gold braces for labor market week as investors eye manufacturing, jobs data
• Negative Sentiment: Gold also faced pressure when the dollar firmed and Treasury yields rose, reminding investors that higher rates can weigh on non-yielding assets like gold and limit GLDM upside. Gold Price Analysis – Gold Continues to Move with Bond Yields

SPDR Gold MiniShares Trust Trading Up 1.1%

NYSEARCA GLDM opened at $89.93 on Friday. SPDR Gold MiniShares Trust has a 1 year low of $64.46 and a 1 year high of $109.74. The company’s 50 day simple moving average is $91.64 and its two-hundred day simple moving average is $91.81.

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.