Kestra Advisory Services LLC lifted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 4.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 167,586 shares of the company’s stock after acquiring an additional 6,467 shares during the period. Kestra Advisory Services LLC’s holdings in SPDR Gold MiniShares Trust were worth $15,534,000 as of its most recent filing with the SEC.
Several other institutional investors have also made changes to their positions in GLDM. Godfrey Financial Associates Inc. bought a new stake in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $26,000. HHM Wealth Advisors LLC grew its position in SPDR Gold MiniShares Trust by 236.7% in the first quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock valued at $28,000 after acquiring an additional 213 shares during the period. Root Financial Partners LLC raised its stake in SPDR Gold MiniShares Trust by 548.2% during the fourth 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 acquired a new position in SPDR Gold MiniShares Trust during the fourth quarter worth $33,000. Finally, Gould Capital LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 377.8% during the third quarter. Gould Capital LLC now owns 516 shares of the company’s stock valued at $39,000 after acquiring an additional 408 shares during the period.
More SPDR Gold MiniShares Trust News
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Gold is still getting support from central bank buying, with Poland’s central bank and other official buyers continuing to add on dips, which helps limit downside for bullion-backed funds like GLDM. Poland’s central bank is buying the dip as gold’s biggest buyers aren’t backing down
- Positive Sentiment: Some analysts say gold may be carving out a bottom after last month’s sharp losses, and price action above key support levels suggests a rebound is possible if buyers regain momentum. Gold (XAU/USD) Price Forecast: Can Bulls Reclaim Critical Trend Resistance?
- Neutral Sentiment: Gold is hovering around major technical levels, with traders watching whether it can hold support near $4,000-$4,100 and whether a breakout or further consolidation comes next. Gold Defends $4,000 Level as Strong Dollar Caps Gains
- Neutral Sentiment: Markets are waiting for U.S. CPI and other macro data, which could either reinforce the case for tighter policy or revive demand for gold if inflation cools. Gold struggles around $4,100 as markets await CPI and Warsh’s Capitol Hill debut
- Negative Sentiment: Rising Treasury yields and a strong dollar have been weighing on gold, creating headwinds for GLDM and limiting the metal’s rebound attempts. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Focus on Rising Treasury Yields
- Negative Sentiment: Several reports suggest gold’s rally may stay rangebound or face limited upside in the near term as hawkish Fed expectations and macro uncertainty keep traders cautious. Gold prices will be rangebound through the summer – Metals Focus
SPDR Gold MiniShares Trust Trading Down 0.3%
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.
Recommended Stories
- Five stocks we like better than SPDR Gold MiniShares Trust
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
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).
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.
