CFS Investment Advisory Services LLC lessened its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 64.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,520 shares of the company’s stock after selling 104,170 shares during the period. CFS Investment Advisory Services LLC’s holdings in SPDR Gold MiniShares Trust were worth $5,428,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in GLDM. AQR Capital Management LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 90.6% in the 1st quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock worth $1,488,000 after buying an additional 11,428 shares during the last quarter. Walleye Capital LLC bought a new position in SPDR Gold MiniShares Trust in the second quarter valued at about $210,000. Jump Financial LLC lifted its holdings 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 acquiring an additional 530 shares during the period. State Street Corp lifted its holdings in SPDR Gold MiniShares Trust by 0.3% in the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after acquiring an additional 8,380 shares during the period. Finally, NewEdge Advisors LLC boosted its position in SPDR Gold MiniShares Trust by 82.1% in the second quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock worth $9,999,000 after purchasing an additional 68,786 shares during the last quarter.
SPDR Gold MiniShares Trust News Roundup
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Neutral Sentiment: Invesco said central bank demand could help gold prices recover later in 2026, suggesting a supportive long-term backdrop for GLDM. Gold had a rough Q2, but central bank demand will push prices higher through 2026 – Invesco
- Neutral Sentiment: China’s central bank added 15 tonnes of gold in June, reinforcing official-sector demand that can support gold prices over time. China’s central bank buys the dip, increasing gold reserves by 15 tonnes in June
- Neutral Sentiment: Several analysts said geopolitical risk and long-term safe-haven demand remain constructive, even after the recent pullback in gold prices. Gold and Silver Price Forecast: Oil Spike and Strong Dollar Pressure Metals
- Negative Sentiment: Gold prices fell as hawkish Fed minutes, higher Treasury yields, and a stronger U.S. dollar reduced demand for bullion, which is weighing on GLDM. Gold slides as Fed minutes, Hormuz oil spike lift yields – Kitco PM Report
- Negative Sentiment: Fund flows were also weak, with investors reportedly leaving gold ETFs in June as rising rates increased the opportunity cost of holding gold-backed products. Investors flee gold ETFs in June as hawkish Fed expectations drive liquidation
- Negative Sentiment: Technical commentary across multiple updates said gold is struggling at resistance and may retest lower support, another near-term headwind for GLDM. Gold (XAU/USD) Price Forecast: Resistance Keeps Bears in Control
SPDR Gold MiniShares Trust Stock Performance
SPDR Gold MiniShares Trust Company 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.
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