SPDR Gold MiniShares Trust $GLDM Shares Sold by B.O.S.S. Retirement Advisors LLC

B.O.S.S. Retirement Advisors LLC cut its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 77.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 5,130 shares of the company’s stock after selling 17,259 shares during the quarter. B.O.S.S. Retirement Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $476,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Silver Oak Securities Incorporated boosted its position in shares of SPDR Gold MiniShares Trust by 0.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 14,763 shares of the company’s stock valued at $1,368,000 after purchasing an additional 108 shares in the last quarter. Verus Capital Partners LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 1.1% in the 4th quarter. Verus Capital Partners LLC now owns 10,046 shares of the company’s stock worth $858,000 after purchasing an additional 111 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 0.8% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock worth $1,208,000 after purchasing an additional 112 shares in the last quarter. Absolute Capital Management LLC lifted its stake in SPDR Gold MiniShares Trust by 2.3% during the fourth quarter. Absolute Capital Management LLC now owns 4,956 shares of the company’s stock valued at $423,000 after purchasing an additional 112 shares during the last quarter. Finally, One Charles Private Wealth Services LLC lifted its stake in SPDR Gold MiniShares Trust by 0.5% during 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 purchasing an additional 120 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA:GLDM opened at $81.54 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $64.71 and a 1-year high of $109.74. The company has a 50 day moving average price of $87.19 and a 200 day moving average price of $91.97.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Gold prices jumped after the weak U.S. employment report, which pressured the dollar and lifted expectations that the Fed may not hike rates soon. Gold and silver hold post-NFP gains as hike bets move out – Kitco PM Report
• Positive Sentiment: Gold regained technical support levels and is showing signs of recovery, suggesting momentum may be stabilizing after the recent pullback. Gold (XAU/USD) Price Forecast: Above Trendline Signals Recovery
• Positive Sentiment: Central banks bought a net 41 tonnes of gold in May, reinforcing the longer-term demand backdrop for the metal. Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council
• Positive Sentiment: HSBC and State Street both pointed to continued upside for gold, citing central bank buying, ETF inflows, and diversification demand as structural supports. ‘We anticipate further upside for gold by year-end’ – HSBC’s Sels and Ku
• Positive Sentiment: Analysts say gold is near fair value and could be setting up for another leg higher, while State Street’s base case sees gold reaching as high as $5,500/oz by early 2027. State Street’s baseline scenario sees gold price as high as $5,500/oz by Q1 2027

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.