New England Private Wealth Advisors LLC grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 60.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,683 shares of the company’s stock after acquiring an additional 13,820 shares during the period. New England Private Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,804,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of the stock. Farther Finance Advisors LLC raised its position in SPDR Gold MiniShares Trust by 5.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 541,467 shares of the company’s stock valued at $41,395,000 after purchasing an additional 28,037 shares in the last quarter. Orion Porfolio Solutions LLC grew its position in shares of SPDR Gold MiniShares Trust by 34.2% during the second quarter. Orion Porfolio Solutions LLC now owns 38,148 shares of the company’s stock worth $2,499,000 after buying an additional 9,732 shares in the last quarter. Detalus Advisors LLC grew its position in shares of SPDR Gold MiniShares Trust by 34.0% during the third quarter. Detalus Advisors LLC now owns 91,003 shares of the company’s stock worth $6,957,000 after buying an additional 23,109 shares in the last quarter. Bangor Savings Bank increased its stake in shares of SPDR Gold MiniShares Trust by 2.7% during the third quarter. Bangor Savings Bank now owns 436,528 shares of the company’s stock worth $33,373,000 after buying an additional 11,657 shares during the period. Finally, Ashton Thomas Private Wealth LLC increased its stake in shares of SPDR Gold MiniShares Trust by 29.1% during the third quarter. Ashton Thomas Private Wealth LLC now owns 36,703 shares of the company’s stock worth $2,806,000 after buying an additional 8,284 shares during the period.
Key SPDR Gold MiniShares Trust News
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Weak U.S. payrolls and other economic misses are pushing investors into gold as a hedge, supporting GLDM inflows and price gains. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Non Farm Payrolls Miss Estimates
- Positive Sentiment: Kitco reports a notable jump in gold after the U.S. economy lost 92K jobs, a direct catalyst for safe?haven buying that benefits GLDM. Gold prices jump as the U.S. economy loses 92k jobs
- Positive Sentiment: Slowing U.S. retail sales reinforced recession/weakness concerns, helping gold rally intraday—another supportive input for GLDM demand. Gold rallies near session highs after U.S. retail sales drop -0.2% in January
- Positive Sentiment: ETF-focused commentary highlights rising inflation fears (driven by oil) and fading rate?cut expectations, encouraging investors to use ETFs like GLDM as inflation/defensive exposure. Inflation Pressure Intensifying? ETFs May Help Stay Prepared
- Neutral Sentiment: Geopolitical volatility (U.S.–Iran) continues to keep gold volatile — it can lift GLDM on risk spikes but hasn’t produced consistent, sustained safe?haven flows. Dollar, bonds, or gold – which is the safest haven to hold?
- Negative Sentiment: Technical analysts warn of bearish wedge breakouts and measured downside targets for gold—signals that could pressure GLDM if momentum confirms. Gold (XAU/USD) Price Forecast: Wedge Breakout Suggests Further Downside
- Negative Sentiment: Additional technical pieces note a bearish breakdown and key support tests ahead; sustained technical weakness would be a headwind for GLDM flows. Gold (XAU/USD) Price Forecast: Bearish Wedge Breakdown Signals Key Support Tests
- Negative Sentiment: Reports that a major sovereign buyer may start selling gold to fund defense spending create a potential structural supply/demand risk that could weigh on GLDM if realized. The world’s biggest sovereign gold buyer might start selling to double defense budget
SPDR Gold MiniShares Trust Stock Up 1.6%
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.
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