Quantum Financial Advisors LLC grew its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 65.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 166,254 shares of the company’s stock after purchasing an additional 65,929 shares during the quarter. SPDR Gold MiniShares Trust makes up approximately 1.4% of Quantum Financial Advisors LLC’s portfolio, making the stock its 21st biggest position. Quantum Financial Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $14,193,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently made changes to their positions in GLDM. Deane Retirement Strategies Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 126.4% in the third quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock worth $26,000 after buying an additional 187 shares during the period. Accredited Wealth Management LLC increased its position in shares of SPDR Gold MiniShares Trust by 174.4% in the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after acquiring an additional 218 shares during the period. Financial Consulate Inc. purchased a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $34,000. Family Legacy Financial Solutions LLC bought a new position in shares of SPDR Gold MiniShares Trust during the third quarter valued at about $36,000. Finally, Evolution Wealth Management Inc. raised its stake in shares of SPDR Gold MiniShares Trust by 55.1% during the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 174 shares during the last quarter.
Key Stories Impacting SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: ETF-focused coverage and a featured discussion on GLDM should boost visibility and could support inflows over time. VIDEO: ETF of the Week: GLDM
- Positive Sentiment: Some strategists frame the rout as a buying opportunity and still see very long?term bullish targets for gold, which may attract value hunters into GLDM. $10,000 gold still in play? Market watchers hold firm despite bullion bear market slide
- Neutral Sentiment: Technical and intraday analyses note intermittent dip-buying and that bears may be pausing—useful for traders but mixed for longer?term flows. Gold rebounds from multi-month lows as traders buy the dip
- Neutral Sentiment: Market commentary points to technical support levels and intraday entry points—relevant for active traders in GLDM but not a clear directional catalyst. Gold market analysis for March 23 – key intra-day price entry levels for active traders
- Negative Sentiment: Broad selloff: multiple outlets report gold has entered bear market territory after a sharp multi?week decline, pressuring GLDM redemptions and outflows. Gold sinks deeper into bear market territory as sell-off extends
- Negative Sentiment: Macro headwinds — a firmer US dollar and rising Treasury yields tied to a hawkish Fed outlook — are repeatedly cited as the core reason for falling gold prices and weaker GLDM demand. Gold News: Market Faces Further Losses with No Catalyst to Spark Rally
- Negative Sentiment: Liquidity-driven selling and signs that central?bank reserve accumulation has cooled are amplifying the drop — a structural negative for gold-backed ETFs like GLDM. Gold’s sharp declines ‘echo risk-off episodes seen in 2008 and 2020′ as liquidity dynamics dominate fundamentals – World Gold Council
- Negative Sentiment: Sector spillover: plunging bullion has already hit miners and related ETFs, signaling broader risk aversion that can reduce GLDM appetite in the near term. Newmont, Freeport Stocks Drop. Diving Gold Prices Will Continue to Smash Miners.
SPDR Gold MiniShares Trust Trading Down 2.3%
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.
See Also
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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