Tableaux LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,060 shares of the company’s stock, valued at approximately $616,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Bright Financial Advisors Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 19.6% in the 3rd quarter. Bright Financial Advisors Inc. now owns 82,834 shares of the company’s stock worth $6,333,000 after purchasing an additional 13,558 shares during the last quarter. Patten Group Inc. lifted its stake in SPDR Gold MiniShares Trust by 46.6% in the third quarter. Patten Group Inc. now owns 49,386 shares of the company’s stock valued at $3,776,000 after buying an additional 15,695 shares during the period. Stonebrook Private Inc. lifted its stake in SPDR Gold MiniShares Trust by 8.0% in the third quarter. Stonebrook Private Inc. now owns 3,319 shares of the company’s stock valued at $254,000 after buying an additional 245 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 34.6% during the third quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $43,000 after buying an additional 145 shares during the last quarter. Finally, Verus Capital Partners LLC boosted its holdings in SPDR Gold MiniShares Trust by 70.4% during the third quarter. Verus Capital Partners LLC now owns 9,935 shares of the company’s stock worth $760,000 after buying an additional 4,104 shares during the last quarter.
Key Headlines Impacting SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Analysts warn that an escalation in the U.S.–Iran situation could send gold sharply higher (Natixis sees a move toward $5,800/oz), supporting GLDM as a safe‑haven play. Gold could hit $5,800 if U.S.-Iran conflict escalates – Natixis’ Dahdah
- Positive Sentiment: UBS and other banks continue to forecast much higher prices (UBS sees ~$6,200/oz by mid‑year), which underpins demand expectations for GLDM. Fed easing, geopolitical turmoil, rising demand will combine to push gold to $6,200/oz by mid-year – UBS
- Positive Sentiment: China signals it will expand its influence in the international gold market—policy actions or increased official buying would support bullion and GLDM. China to ‘expand the country’s market share and influence on prices in the international gold market’ – Hong Kong official
- Positive Sentiment: Reports of large central‑bank buying (1,000 tonnes) and continued demand narratives are cited as a structural support for prices, which benefits GLDM. Gold (XAUUSD) & Silver Price Forecast: 1,000 Tonnes Bought, Demand Surges – Rally Sustainable?
- Neutral Sentiment: Market positioning and technical adjustments are keeping price action choppy; some session‑to‑session position rebalancing can cause short‑term moves without changing the medium‑term outlook. Gold Edges Higher Amid Possible Position Adjustments
- Neutral Sentiment: Technical analysts show bulls defending key support and oscillating between $5,250 and higher targets — this keeps trading range risk elevated for GLDM. Gold (XAU/USD) Price Forecast: Bulls Defend Support, Eye $5,345 Target
- Negative Sentiment: Short‑term profit‑taking after recent rallies has pushed prices down and pressured GLDM intraday. Gold sees profit taking; silver up in choppy trade
- Negative Sentiment: Hawkish Fed signals and higher US data (which lift real yields) have trimmed safe‑haven demand, a headwind for GLDM. Gold (XAUUSD) & Silver Price Forecast: $5,250 Rejected – Will Bulls Regain Control?
- Negative Sentiment: Rising US consumer confidence and calls from some strategists to rotate into Treasuries or reduce gold exposure create downward pressure on near‑term prices. Gold prices remain under pressure as U.S. Consumer Confidence rises to 91.2
SPDR Gold MiniShares Trust Stock Down 1.4%
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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