SNS Financial Group LLC Has $33.48 Million Stock Holdings in SPDR Gold MiniShares Trust $GLDM

SNS Financial Group LLC reduced its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 437,944 shares of the company’s stock after selling 10,812 shares during the period. SPDR Gold MiniShares Trust comprises 2.9% of SNS Financial Group LLC’s investment portfolio, making the stock its 11th largest holding. SNS Financial Group LLC owned approximately 0.15% of SPDR Gold MiniShares Trust worth $33,481,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Deane Retirement Strategies Inc. grew its holdings in SPDR Gold MiniShares Trust by 126.4% during the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock worth $26,000 after acquiring an additional 187 shares during the last quarter. Accredited Wealth Management LLC raised its stake in shares of SPDR Gold MiniShares Trust by 174.4% during the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after acquiring an additional 218 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at $31,000. Financial Consulate Inc. acquired a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth $34,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth $36,000.

More 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 Price Performance

Shares of SPDR Gold MiniShares Trust stock opened at $101.97 on Monday. SPDR Gold MiniShares Trust has a twelve month low of $57.05 and a twelve month high of $109.74. The company’s fifty day moving average is $96.26 and its 200 day moving average is $84.89.

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.