Tidemark LLC lifted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 31.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,927 shares of the company’s stock after buying an additional 23,151 shares during the quarter. SPDR Gold MiniShares Trust comprises about 2.1% of Tidemark LLC’s holdings, making the stock its 13th largest position. Tidemark LLC’s holdings in SPDR Gold MiniShares Trust were worth $7,334,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of GLDM. AQR Capital Management LLC boosted its position in SPDR Gold MiniShares Trust by 90.6% during the first quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock valued at $1,488,000 after acquiring an additional 11,428 shares during the last quarter. ORG Partners LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at about $28,000. LexAurum Advisors LLC boosted its position in shares of SPDR Gold MiniShares Trust by 4.6% during the 2nd quarter. LexAurum Advisors LLC now owns 4,996 shares of the company’s stock valued at $327,000 after purchasing an additional 219 shares in the last quarter. Greenleaf Trust acquired a new stake in SPDR Gold MiniShares Trust during the second quarter worth approximately $275,000. Finally, Magnolia Private Wealth LLC increased its holdings in SPDR Gold MiniShares Trust by 51.2% in the second quarter. Magnolia Private Wealth LLC now owns 26,462 shares of the company’s stock worth $1,734,000 after purchasing an additional 8,961 shares in the last quarter.
SPDR Gold MiniShares Trust Price Performance
Shares of GLDM opened at $106.44 on Thursday. SPDR Gold MiniShares Trust has a 52-week low of $54.38 and a 52-week high of $106.72. The business’s 50 day moving average price is $87.87 and its two-hundred day moving average price is $78.41.
Key SPDR Gold MiniShares Trust News
- Positive Sentiment: Spot gold has pushed to fresh records above $5,500/oz as the dollar weakens and markets price greater odds of Fed easing — a direct tailwind for GLDM’s NAV and flows. Gold’s Glittering Run Pushes Prices Above $5,500
- Positive Sentiment: The World Gold Council says lower rates, bond-market uncertainty and geopolitical risks should keep investor demand strong this year — supportive for bullion ETFs like GLDM. Gold Demand to Remain Strong as Investors Reassess Risk, WGC Says
- Positive Sentiment: Large private/institutional flows are increasing — Tether’s CEO said the firm may allocate up to 10–15% of its portfolio to physical gold, adding permanent demand that benefits GLDM. Tether CEO aims to allocate up to 15% of its portfolio to gold
- Positive Sentiment: Major banks and strategists are lifting multi?year gold targets (some to $6,000+), reinforcing bullish investor narratives and flow momentum into gold ETFs. Gold rally has legs – banks lift upside targets to $6,000 and $7,000
- Neutral Sentiment: Technical and chart-based analysts say the rally remains intact but flagged potential short pauses or pullbacks — that implies volatility for GLDM but not necessarily a trend reversal. Gold (XAUUSD) & Silver Price Forecast: Pullback or Pause? Charts Point to the Next Big Move
- Neutral Sentiment: Stronger results and dividends from gold miners (e.g., Endeavour) support the broader gold complex and investor interest, but mining equities move differently than GLDM’s physical?gold exposure. Endeavour confirms bumper dividend as gold miner’s full year comes in at upper end of expectations
- Negative Sentiment: Some commentators warn the move looks like a 1980?style “blow?off” with extreme RSI and parabolic momentum — raising the risk of a sharp snapback that could pressure GLDM in a swift correction. This Looks Like 1980: Gold and Silver Enter Blow-Off Madness
- Negative Sentiment: Fed Chair Powell has publicly downplayed the gold rally and expressed confidence in Fed policy credibility — if the Fed maintains a firmer stance, that could remove some upward pressure on gold and damp flows into GLDM. Powell dismisses gold’s rally above $5,300, says Fed is not losing credibility
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.
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