SPDR Gold MiniShares Trust $GLDM Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 5.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 488,913 shares of the company’s stock after purchasing an additional 23,077 shares during the period. Cetera Investment Advisers owned approximately 0.14% of SPDR Gold MiniShares Trust worth $45,317,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLDM. PNC Financial Services Group Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 288.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock worth $25,000 after purchasing an additional 199 shares during the period. Godfrey Financial Associates Inc. purchased a new stake in SPDR Gold MiniShares Trust in the 4th quarter valued at about $26,000. HHM Wealth Advisors LLC raised its holdings in SPDR Gold MiniShares Trust by 236.7% in the 1st quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock valued at $28,000 after buying an additional 213 shares during the period. Root Financial Partners LLC lifted its position in SPDR Gold MiniShares Trust by 548.2% in the fourth quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock valued at $31,000 after buying an additional 307 shares during the last quarter. Finally, Networth Advisors LLC acquired a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at about $33,000.

Key SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Gold prices are holding above critical support near $4,000/oz, which some analysts say could mark an inflection point for a renewed bullish move. Gold continues to hold $4,000, which could signal inflection point, analysts say
• Positive Sentiment: China’s June gold imports hit a two-year high as lower prices boosted demand, suggesting strong physical buying support in a key market. China’s June gold imports hit fresh two-year high of 173 tonnes as lower prices boost demand
• Positive Sentiment: Gold is rebounding as Treasury yields ease, which typically supports non-yielding assets like bullion. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Oil Prices Pull Back
• Positive Sentiment: Gold briefly spiked to around $4,070/oz after U.S. housing data missed expectations, reinforcing demand for safe-haven assets. Spot gold spikes to $4,070/oz high as U.S. new home sales rise 1.6% in June
• Neutral Sentiment: Despite the support, gold remains capped by firm Treasury yields, a resilient U.S. economy, and a stronger dollar, limiting the near-term upside for GLDM. Gold stuck in neutral as S&P Global highlights healthy US PMI activity
• Negative Sentiment: Several reports warn that gold has struggled to hold gains above $4,100/oz, leaving the metal vulnerable to further consolidation or downside if rates stay elevated. Investors should still hold a modest amount of gold – BlackRock’s Koesterich
• Negative Sentiment: Late-session selling on Thursday was driven by higher yields and a firmer U.S. dollar, both of which pressured gold prices and can weigh on the ETF. Gold falls as oil spike, higher yields pressure metals – Kitco PM Report

SPDR Gold MiniShares Trust Stock Up 0.1%

Shares of GLDM stock opened at $80.19 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 of $83.69 and a two-hundred day moving average of $91.32.

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.