OakTrust Wealth Advisors LLC Trims Stake in SPDR Gold MiniShares Trust $GLDM

OakTrust Wealth Advisors LLC lessened its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 11.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 55,862 shares of the company’s stock after selling 7,262 shares during the period. SPDR Gold MiniShares Trust accounts for 4.7% of OakTrust Wealth Advisors LLC’s portfolio, making the stock its 7th largest position. OakTrust Wealth Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $5,178,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in GLDM. Silver Oak Securities Incorporated boosted its position in shares of SPDR Gold MiniShares Trust by 0.7% in the 1st quarter. Silver Oak Securities Incorporated now owns 14,763 shares of the company’s stock worth $1,368,000 after purchasing an additional 108 shares during the last quarter. Verus Capital Partners LLC grew its stake in shares of SPDR Gold MiniShares Trust by 1.1% during the fourth quarter. Verus Capital Partners LLC now owns 10,046 shares of the company’s stock worth $858,000 after purchasing an additional 111 shares during the period. U.S. Capital Wealth Advisors LLC increased its holdings in SPDR Gold MiniShares Trust by 0.8% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock valued at $1,208,000 after purchasing an additional 112 shares during the last quarter. Absolute Capital Management LLC increased its holdings in SPDR Gold MiniShares Trust by 2.3% in the fourth quarter. Absolute Capital Management LLC now owns 4,956 shares of the company’s stock valued at $423,000 after purchasing an additional 112 shares during the last quarter. Finally, One Charles Private Wealth Services LLC lifted its stake in SPDR Gold MiniShares Trust by 0.5% in the fourth quarter. One Charles Private Wealth Services LLC now owns 25,976 shares of the company’s stock valued at $2,218,000 after buying an additional 120 shares during the period.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Central bank buying continues to support the long-term gold backdrop, with survey data suggesting the official sector is still accumulating bullion, even if at a slower pace. Gold’s biggest buyers aren’t slowing down, but SocGen sees more measured pace ahead
• Positive Sentiment: Some analysts say precious metals could benefit later if oil prices fall, inflation expectations cool, and bond yields ease, which would improve the case for gold and GLDM. Precious metals should benefit from falling oil, as gold market continues shift toward Asia – Heraeus
• Positive Sentiment: China is considering changes to gold import and export rules, which could support broader market activity and reinforce Asia’s importance in gold demand. China considers new import and export regime for gold which limits PBOC oversight
• Neutral Sentiment: Gold is holding important technical support levels, suggesting traders are watching for either a rebound or a deeper breakdown in the near term. Gold (XAUUSD) & Silver Price Forecast: Gold Defends $4,049 as Silver Holds $57.97 — Next Move?
• Neutral Sentiment: Near-term price forecasts remain mixed, with some analysts warning gold could dip below current support before recovering later in 2027. Gold will fall below $3,900 this year before rallying to $5,300 in 2027 – TD’s Bart Melek
• Negative Sentiment: Multiple reports say gold and silver are weakening as higher oil prices and firmer Treasury yields keep markets focused on Fed tightening risk instead of safe-haven demand. Gold, silver weaken as Fed repricing overwhelms haven demand – Kitco PM Report
• Negative Sentiment: Gold prices are also being weighed down by a stronger dollar and renewed concerns that Fed rate expectations may stay elevated longer than previously hoped. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Focus On Rate Outlook
• Negative Sentiment: Technical selling is adding pressure, with articles pointing to a “death cross” and other bearish signals that could push gold lower in the short term. Gold News: Does the Death Cross Still Matter for Gold Prices?

SPDR Gold MiniShares Trust Price Performance

NYSEARCA:GLDM opened at $79.45 on Tuesday. SPDR Gold MiniShares Trust has a 1-year low of $64.71 and a 1-year high of $109.74. The business’s 50-day moving average price is $88.30 and its two-hundred day moving average price is $92.13.

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.