Evergreen Quality Fund GP Ltd. Buys 374,500 Shares of SPDR Gold MiniShares Trust $GLDM

Evergreen Quality Fund GP Ltd. boosted its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 16.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,587,215 shares of the company’s stock after buying an additional 374,500 shares during the period. SPDR Gold MiniShares Trust makes up about 4.4% of Evergreen Quality Fund GP Ltd.’s holdings, making the stock its 6th biggest position. Evergreen Quality Fund GP Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $220,871,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Accredited Wealth Management LLC grew its holdings in SPDR Gold MiniShares Trust by 174.4% during the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock worth $26,000 after acquiring an additional 218 shares during the period. Godfrey Financial Associates Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth approximately $26,000. Root Financial Partners LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 548.2% during the 4th quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock worth $31,000 after acquiring an additional 307 shares in the last quarter. Networth Advisors LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth approximately $33,000. Finally, Gould Capital LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 377.8% during the 3rd quarter. Gould Capital LLC now owns 516 shares of the company’s stock worth $39,000 after acquiring an additional 408 shares in the last quarter.

Key SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Wells Fargo said gold still has room to run, citing inflation risks and large fiscal deficits as reasons prices could remain attractive for investors. Gold’s bull market has room to run as inflation risks, fiscal deficits support prices – Wells Fargo
• Positive Sentiment: Central banks are expected to keep increasing gold holdings, and a World Gold Council survey showed a record share plan to add to reserves, supporting long-term demand. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Positive Sentiment: Some analysts remain bullish on gold’s structural outlook, with Barclays projecting much higher prices in 2026 and 2027 as inflation, policy uncertainty, and official-sector demand persist. Barclays sees gold hitting $4,791 in 2026, $4,900 in 2027 as Iran correction fades, structural drivers reemerge

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM opened at $83.78 on Thursday. SPDR Gold MiniShares Trust has a 1-year low of $64.46 and a 1-year high of $109.74. The firm has a 50 day simple moving average of $90.40 and a 200-day simple moving average of $92.25.

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.