BCM Advisors LLC Boosts Stock Position in SPDR Gold MiniShares Trust $GLDM

BCM Advisors LLC lifted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 139.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,793 shares of the company’s stock after acquiring an additional 10,939 shares during the period. BCM Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,680,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. boosted its stake in SPDR Gold MiniShares Trust by 1.1% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,594,406 shares of the company’s stock worth $1,723,515,000 after purchasing an additional 206,914 shares during the period. Morgan Stanley increased its position in shares of SPDR Gold MiniShares Trust by 22.6% during the fourth quarter. Morgan Stanley now owns 10,562,081 shares of the company’s stock valued at $901,685,000 after buying an additional 1,943,672 shares during the period. Wells Fargo & Company MN increased its position in shares of SPDR Gold MiniShares Trust by 54.3% during the fourth quarter. Wells Fargo & Company MN now owns 7,913,715 shares of the company’s stock valued at $675,594,000 after buying an additional 2,785,608 shares during the period. Evoke Wealth LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 1.7% in the fourth quarter. Evoke Wealth LLC now owns 7,374,785 shares of the company’s stock worth $629,586,000 after buying an additional 123,123 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of SPDR Gold MiniShares Trust by 28.6% in the third quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock worth $563,230,000 after buying an additional 1,636,398 shares in the last quarter.

SPDR Gold MiniShares Trust News Summary

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

• Negative Sentiment: Gold fell as resilient U.S. data, rising Treasury yields, and a firmer dollar outweighed support from softer inflation reports and geopolitical tensions. Gold breaks $4,000 as yields rise, Fed-rate relief fades – Kitco PM Report
• Negative Sentiment: Technical analysts warned that gold’s rejection from moving average resistance could lead to a deeper pullback if support levels fail. Gold (XAU/USD) Price Forecast: Will Gold Break Below Major Support Levels?
• Negative Sentiment: Better-than-expected U.S. labor and manufacturing data added to pressure on gold by reinforcing the case for higher yields and less immediate Fed support. Spot gold trades near session lows after U.S. weekly jobless claims drop to 208k
• Neutral Sentiment: Some strategists said the pullback does not necessarily end the broader gold bull market, suggesting the decline may be a consolidation rather than a trend reversal. Gold’s Pullback Doesn’t Mean the Bull Market Is Over
• Neutral Sentiment: Fidelity’s Samson said gold could return to an overweight position in portfolios later, reinforcing longer-term support even as near-term prices weaken. ‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $78.72 on Friday. The firm has a 50 day moving average of $85.16 and a 200-day moving average of $91.59. SPDR Gold MiniShares Trust has a 12 month low of $64.71 and a 12 month high of $109.74.

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.