Integrated Advisors Network LLC Raises Holdings in SPDR Gold MiniShares Trust $GLDM

Integrated Advisors Network LLC boosted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 21.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 90,138 shares of the company’s stock after buying an additional 15,976 shares during the quarter. Integrated Advisors Network LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,355,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. AQR Capital Management LLC boosted its position in SPDR Gold MiniShares Trust by 90.6% in the first quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock worth $1,488,000 after purchasing an additional 11,428 shares during the last quarter. Walleye Capital LLC purchased a new stake in SPDR Gold MiniShares Trust during the second quarter valued at approximately $210,000. Jump Financial LLC raised its position 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 worth $2,780,000 after acquiring an additional 530 shares during the period. State Street Corp raised its position 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 worth $176,594,000 after acquiring an additional 8,380 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 82.1% during the 2nd quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock worth $9,999,000 after acquiring an additional 68,786 shares during the last quarter.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold is holding above the $4,100 level, with analysts citing official-sector demand, constrained mine supply, and a potential floor forming after recent liquidation. Gold holds above $4,100 as Fed minutes, Hormuz risk lift yields – Kitco AM Report
• Positive Sentiment: Weak U.S. payrolls data has boosted gold by increasing expectations that the Federal Reserve may not need to hike as much, which tends to help non-yielding assets like gold-backed funds. Gold Gains as Investors Scale Back on Fed Hike Bets
• Neutral Sentiment: Gold is still facing technical resistance near $4,200, and traders are watching upcoming Fed minutes and economic data for confirmation of the next move. Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Trendline at $4,127 as Silver Holds $60.69 Ahead of FOMC — Next Move?
• Neutral Sentiment: Some reports say gold slipped or struggled as traders took profits and the dollar firmed, showing the metal remains volatile and prone to consolidation. Gold Falls as Investors Await Fed Minutes
• Negative Sentiment: The stronger U.S. dollar, rising Treasury yields, and easing oil-risk premium have recently offset some safe-haven buying, which can weigh on gold prices and cap upside for GLDM. Gold slips as Fed minutes loom, Hormuz risk eases oil shock – Kitco AM Report

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $82.68 on Tuesday. SPDR Gold MiniShares Trust has a 1 year low of $64.71 and a 1 year high of $109.74. The firm has a fifty day moving average price of $86.98 and a 200-day moving average price of $92.00.

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.