Horst & Graben Wealth Management LLC Trims Stock Position in SPDR Gold MiniShares Trust $GLDM

Horst & Graben Wealth Management LLC cut its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 65.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,757 shares of the company’s stock after selling 76,129 shares during the period. Horst & Graben Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,683,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. China Universal Asset Management Co. Ltd. increased its position in shares of SPDR Gold MiniShares Trust by 9.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 206,200 shares of the company’s stock worth $17,603,000 after acquiring an additional 17,000 shares during the period. Farther Finance Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 17.4% in the fourth quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock valued at $54,270,000 after purchasing an additional 94,239 shares during the period. Financial Planning Hawaii Inc. purchased a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at $2,816,000. AE Wealth Management LLC grew its stake in SPDR Gold MiniShares Trust by 37.0% during the 4th quarter. AE Wealth Management LLC now owns 330,650 shares of the company’s stock worth $28,228,000 after purchasing an additional 89,313 shares in the last quarter. Finally, Kraft Davis & Associates LLC purchased a new stake in SPDR Gold MiniShares Trust during the 4th quarter worth about $8,594,000.

SPDR Gold MiniShares Trust Stock Down 1.2%

GLDM stock opened at $81.41 on Wednesday. The business’s 50-day moving average is $86.74 and its two-hundred day moving average is $91.97. SPDR Gold MiniShares Trust has a 1 year low of $64.71 and a 1 year high of $109.74.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: China’s central bank added 15 tonnes of gold reserves in June, reinforcing the view that official-sector buying is helping absorb dips and support the long-term gold market. China’s central bank buys the dip, increasing gold reserves 15 tonnes in June
• Positive Sentiment: Several analysts said the recent correction may have reset sentiment rather than ended the bull case, with some still projecting materially higher gold prices if central-bank demand and macro uncertainty persist. Gold correction has reset the market, but MKS’ Shiels still sees $4,500 average price in 2026
• Positive Sentiment: Gold is holding above key support levels and some technical forecasts now suggest the metal may be forming a bottom, which could help GLDM stabilize if buyers continue to defend recent lows. Gold Price Forecast: Why the Next Major Move Could Target $7,000+
• Neutral Sentiment: Gold is attempting a recovery, but the move remains capped by major resistance levels, so the near-term direction for GLDM is still uncertain. Gold (XAU/USD) Price Forecast: Recovery Attempt Tests Major Trend Barriers
• Neutral Sentiment: Gold prices have been oscillating around key technical floors, with traders waiting for confirmation that the recent selloff has fully run its course. Gold Price Analysis – Gold Clings to $4,000 Floor Facing Heavy Moving Average Resistance
• Negative Sentiment: Short-term trading remains challenged by rising Treasury yields, a firmer dollar, and reports that gold fell as investors awaited Fed minutes, all of which can weigh on GLDM in the near term. Gold Falls as Investors Await Fed Minutes
• Negative Sentiment: Gold also slipped in some sessions as stronger yields and oil-market strength pressured precious metals, reinforcing the recent downside bias in GLDM. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Lower As Treasury Yields Rise

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.