KWB Wealth raised its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 51.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 127,227 shares of the company’s stock after purchasing an additional 43,349 shares during the period. SPDR Gold MiniShares Trust accounts for approximately 1.0% of KWB Wealth’s portfolio, making the stock its 27th largest holding. KWB Wealth’s holdings in SPDR Gold MiniShares Trust were worth $10,861,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of GLDM. Deane Retirement Strategies Inc. lifted its position in shares of SPDR Gold MiniShares Trust by 126.4% during the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after buying an additional 187 shares during the last quarter. Accredited Wealth Management LLC increased its holdings in SPDR Gold MiniShares Trust by 174.4% in the 3rd quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock worth $26,000 after acquiring an additional 218 shares during the last quarter. Financial Consulate Inc. purchased a new stake in SPDR Gold MiniShares Trust in the 3rd quarter worth about $34,000. Family Legacy Financial Solutions LLC bought a new stake in SPDR Gold MiniShares Trust in the 3rd quarter valued at about $36,000. Finally, Evolution Wealth Management Inc. raised its stake in SPDR Gold MiniShares Trust by 55.1% in the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 174 shares during the period.
SPDR Gold MiniShares Trust Stock Down 2.3%
NYSEARCA GLDM opened at $87.04 on Tuesday. SPDR Gold MiniShares Trust has a 52 week low of $58.56 and a 52 week high of $109.74. The firm’s 50-day simple moving average is $98.40 and its two-hundred day simple moving average is $87.14.
Key SPDR Gold MiniShares Trust News
- Positive Sentiment: ETF-focused coverage and a featured discussion on GLDM should boost visibility and could support inflows over time. VIDEO: ETF of the Week: GLDM
- Positive Sentiment: Some strategists frame the rout as a buying opportunity and still see very long‑term bullish targets for gold, which may attract value hunters into GLDM. $10,000 gold still in play? Market watchers hold firm despite bullion bear market slide
- Neutral Sentiment: Technical and intraday analyses note intermittent dip-buying and that bears may be pausing—useful for traders but mixed for longer‑term flows. Gold rebounds from multi-month lows as traders buy the dip
- Neutral Sentiment: Market commentary points to technical support levels and intraday entry points—relevant for active traders in GLDM but not a clear directional catalyst. Gold market analysis for March 23 – key intra-day price entry levels for active traders
- Negative Sentiment: Broad selloff: multiple outlets report gold has entered bear market territory after a sharp multi‑week decline, pressuring GLDM redemptions and outflows. Gold sinks deeper into bear market territory as sell-off extends
- Negative Sentiment: Macro headwinds — a firmer US dollar and rising Treasury yields tied to a hawkish Fed outlook — are repeatedly cited as the core reason for falling gold prices and weaker GLDM demand. Gold News: Market Faces Further Losses with No Catalyst to Spark Rally
- Negative Sentiment: Liquidity-driven selling and signs that central‑bank reserve accumulation has cooled are amplifying the drop — a structural negative for gold-backed ETFs like GLDM. Gold’s sharp declines ‘echo risk-off episodes seen in 2008 and 2020′ as liquidity dynamics dominate fundamentals – World Gold Council
- Negative Sentiment: Sector spillover: plunging bullion has already hit miners and related ETFs, signaling broader risk aversion that can reduce GLDM appetite in the near term. Newmont, Freeport Stocks Drop. Diving Gold Prices Will Continue to Smash Miners.
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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