AA Financial Advisors LLC Acquires 56,529 Shares of SPDR Gold MiniShares Trust $GLDM

AA Financial Advisors LLC lifted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 213.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 83,030 shares of the company’s stock after acquiring an additional 56,529 shares during the quarter. AA Financial Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $7,696,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of GLDM. AQR Capital Management LLC boosted its stake 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 during the last quarter. Walleye Capital LLC purchased a new position in SPDR Gold MiniShares Trust in the second quarter valued at approximately $210,000. Jump Financial LLC lifted its stake in SPDR Gold MiniShares Trust by 1.3% in the second quarter. Jump Financial LLC now owns 42,431 shares of the company’s stock valued at $2,780,000 after purchasing an additional 530 shares during the last quarter. State Street Corp grew its holdings in SPDR Gold MiniShares Trust by 0.3% during the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after purchasing an additional 8,380 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in SPDR Gold MiniShares Trust by 82.1% during the second quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock valued at $9,999,000 after purchasing an additional 68,786 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: Gold prices rebounded at points during Thursday’s session as lower Treasury yields, a softer dollar, and bargain hunting helped metals recover from the prior day’s selloff, supporting GLDM. Gold holds $4,000 as Fed hawkishness offsets renewed Gulf risk – Kitco PM Report
• Positive Sentiment: Disappointing economic data, including weaker durable goods orders and softer jobless claims, briefly pushed gold back above the key $4,000 level as investors looked for safety. Gold clings to $4,000/oz after U.S. durable goods drop -4.5% in May Spot gold shoots back above $4,000/oz after U.S. weekly jobless claims dip to 215k
• Neutral Sentiment: Some analysts say gold remains supported by ongoing geopolitical risk and strong central-bank demand, which could help limit further downside even after the recent correction. Gold (XAUUSD) & Silver Price Forecast: Gold Breaks $3,980 as Silver Dives to $57 Amid Ceasefire — Bearish Turn? Gold’s 28% correction is painful, but history suggests the bull market isn’t over
• Negative Sentiment: Multiple market reports warned that gold is struggling below key support and may face deeper downside if the U.S. dollar stays strong and yields remain elevated, which is weighing on GLDM. Gold is going lower, but DeCarley Trading’s Garner sees one potential trade to play this summer Gold (XAU/USD) Price Forecast: Trendline Failure Signals Deeper Downside Risk Gold price could struggle through 2026 as it loses safe-haven status to US bonds – BI’s McGlone

SPDR Gold MiniShares Trust Price Performance

NYSEARCA:GLDM opened at $79.66 on Friday. The business has a fifty day simple moving average of $88.89 and a two-hundred day simple moving average of $92.18. SPDR Gold MiniShares Trust has a 1 year low of $64.46 and a 1 year high of $109.74.

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.