SPDR Gold MiniShares Trust $GLDM Shares Sold by Detalus Advisors LLC

Detalus Advisors LLC decreased its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 45.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,466 shares of the company’s stock after selling 41,423 shares during the quarter. SPDR Gold MiniShares Trust makes up 1.1% of Detalus Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Detalus Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. raised its holdings in shares of SPDR Gold MiniShares Trust by 9.0% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 206,200 shares of the company’s stock valued at $17,603,000 after purchasing an additional 17,000 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of SPDR Gold MiniShares Trust by 17.4% during the 4th quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock worth $54,270,000 after purchasing an additional 94,239 shares during the last quarter. Financial Planning Hawaii Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter worth $2,816,000. Arete Wealth Advisors LLC grew its stake in shares of SPDR Gold MiniShares Trust by 23.9% during the third quarter. Arete Wealth Advisors LLC now owns 57,034 shares of the company’s stock worth $4,365,000 after purchasing an additional 10,994 shares in the last quarter. Finally, AE Wealth Management LLC increased its holdings in SPDR Gold MiniShares Trust by 37.0% in the fourth quarter. AE Wealth Management LLC now owns 330,650 shares of the company’s stock valued at $28,228,000 after buying an additional 89,313 shares during the last quarter.

SPDR Gold MiniShares Trust Price Performance

NYSEARCA:GLDM opened at $80.61 on Monday. SPDR Gold MiniShares Trust has a 12 month low of $64.46 and a 12 month high of $109.74. The business’s fifty day moving average price is $88.61 and its 200 day moving average price is $92.16.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold and other precious metals are getting support from lower Treasury yields and a dollar that has moved away from recent highs, helping gold regain some ground. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Ground As Dollar Moves Away From Yearly Highs
• Positive Sentiment: Gold found buyers near the $4,000 area, with rebound attempts and session highs showing that investors are still treating that level as important support. Gold Price Analysis – Gold Attempting to Bounce from $4000 Region
• Positive Sentiment: Recent U.S. data, including softer inflation expectations and a weaker consumer sentiment reading, has reinforced demand for gold as a hedge and helped the metal trade firmer. Spot gold hits session high near 4080/oz after final Consumer Sentiment rises to 49.5, one-year and long-term inflation expectations ease
• Neutral Sentiment: Some commentary says gold’s longer-term structure remains vulnerable, with technical breakdowns signaling possible further weakness unless gold reclaims key resistance levels. Gold (XAU/USD) Price Forecast: Trendline Break Signals Bearish Extension
• Negative Sentiment: Several reports say gold remains under pressure from a hawkish Fed, resilient U.S. economic data, and a strong dollar, which could keep GLDM weighed down if those conditions persist. Gold (XAUUSD) Price Forecast: Can China Buying Offset Hawkish Fed Pressure?
• Negative Sentiment: Market analysis from late Thursday and Friday argues gold may still have further downside ahead, with bearish forecasts calling for additional declines after the recent selloff. Gold Declines; Prices Could Have Further to Fall

SPDR Gold MiniShares Trust 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.