JBR Co Financial Management Inc purchased a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 11,190 shares of the company’s stock, valued at approximately $955,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of GLDM. AQR Capital Management LLC grew its stake in shares of SPDR Gold MiniShares Trust by 90.6% in the 1st quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock valued at $1,488,000 after buying an additional 11,428 shares during the period. Bank of Montreal Can acquired a new position in SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $205,000. Kingsview Wealth Management LLC raised its stake in SPDR Gold MiniShares Trust by 105.3% during the 2nd quarter. Kingsview Wealth Management LLC now owns 26,506 shares of the company’s stock worth $1,737,000 after buying an additional 13,596 shares during the period. Wealthspire Advisors LLC bought a new position in SPDR Gold MiniShares Trust in the second quarter worth approximately $542,000. Finally, Stonebrook Private Inc. acquired a new stake in SPDR Gold MiniShares Trust in the second quarter valued at approximately $201,000.
SPDR Gold MiniShares Trust Stock Down 4.1%
Shares of NYSEARCA:GLDM opened at $91.86 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $58.56 and a twelve month high of $109.74. The stock’s 50 day moving average is $98.48 and its 200-day moving average is $86.65.
SPDR Gold MiniShares Trust News Summary
- Positive Sentiment: World Gold Council is building shared infrastructure to support a $5 billion tokenized-gold market — a structural development that could expand institutional/retail access and demand for gold over time. World Gold Council building shared infrastructure to support $5 billion tokenized gold market
- Positive Sentiment: Middle East tensions continue to provide intermittent safe‑haven bids for gold, which can cushion ETF outflows during risk spikes. Gold (XAUUSD) & Silver Price Forecast: Middle East Tensions vs. Fed – Who Wins Gold?
- Positive Sentiment: Rising gold-loan activity in India and large private‑sector interest (e.g., Bain/Manappuram) point to robust physical demand in key retail markets. Inside India newsletter: Gold loans are thriving in India — and attracting global investors
- Neutral Sentiment: GLDM received ETF-of-the-week coverage (increases visibility/liquidity) — useful for medium-term flows but not an immediate price driver. ETF of the Week: SPDR Gold MiniShares Trust (GLDM)
- Neutral Sentiment: Mixed macro reads: some U.S. housing data (shock drop in new-home sales) briefly supported spot gold intraday, creating choppy price action rather than a clear directional signal. Spot gold back above $4,630/oz after U.S. new home sales post shock -17.9% drop
- Negative Sentiment: Hot inflation prints and higher inflation expectations have dimmed hopes for Fed rate cuts — a key reason for the broad selloff in gold and pressure on GLDM. Gold Edges Lower on Inflation Concerns, Dimmed Fed Rate-Cut Hopes
- Negative Sentiment: Broader market coverage documents a multi‑day selloff in gold/silver as investors reprice rate expectations and rotate out of safe havens. That macro narrative is directly weighing on GLDM flows. Gold and silver sell off as inflation fears grip global markets
- Negative Sentiment: Technical weakness — gold has dropped below the 50‑day moving average and is testing near‑term supports; several market technicians warn further downside unless buyers reassert control. Gold (XAU/USD) Price Forecast: Bearish Momentum Pushes Below 50-Day Average
- Negative Sentiment: Multiple regional central-bank decisions (ECB unchanged) and stronger regional surveys (Philly Fed) contributed to risk‑on/less dovish rate expectations, pressuring gold. Spot gold at session low $4,550/oz after Philly Fed survey rises 18.1 in March
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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