SPDR Gold MiniShares Trust $GLDM is Strategic Financial Services Inc.’s 7th Largest Position

Strategic Financial Services Inc. lowered its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 34.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 921,392 shares of the company’s stock after selling 476,522 shares during the period. SPDR Gold MiniShares Trust comprises 3.7% of Strategic Financial Services Inc.’s portfolio, making the stock its 7th largest position. Strategic Financial Services Inc. owned 0.29% of SPDR Gold MiniShares Trust worth $78,659,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GLDM. AQR Capital Management LLC boosted its holdings in SPDR Gold MiniShares Trust by 90.6% in the first quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock valued at $1,488,000 after purchasing an additional 11,428 shares during the last quarter. Walleye Capital LLC purchased a new position in SPDR Gold MiniShares Trust in the second quarter valued at about $210,000. Jump Financial LLC boosted its holdings in SPDR Gold MiniShares Trust by 1.3% in the second quarter. Jump Financial LLC now owns 42,431 shares of the company’s stock valued at $2,780,000 after purchasing an additional 530 shares during the last quarter. State Street Corp boosted its holdings in SPDR Gold MiniShares Trust by 0.3% in the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after purchasing an additional 8,380 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 82.1% in the second quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock valued at $9,999,000 after purchasing an additional 68,786 shares during the last quarter.

Key Stories Impacting SPDR Gold MiniShares Trust

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Gold remains above a key support zone near $4,500, and some analysts say tightening price compression could set up a sharp breakout if direction turns bullish. Gold (XAU/USD) Price Forecast: Compression Signals Breakout Setup Ahead
• Positive Sentiment: Gold is still attracting long-term demand support, with the Royal Mint reporting record gold and silver bullion sales earlier this year, showing continued physical buying interest. Royal Mint sees record gold, silver bullion sales between January and March
• Neutral Sentiment: Gold is holding support but trading choppily as investors wait for clearer Middle East news and the next directional catalyst. Gold prices testing support at $4,500 as U.S. consumer confidence falls slight to 93.1
• Negative Sentiment: Spot gold fell as the U.S. dollar strengthened and stocks hit record highs, which can reduce demand for defensive assets like gold-backed funds such as GLDM. Metals dip as S&P, Nasdaq hit records on Iran deal hopes – Kitco PM Report
• Negative Sentiment: Additional reports say gold and silver are under pressure from inflation, shifting rate expectations, and reduced geopolitical risk premium after ceasefire/truce stability. Gold and silver prices under pressure from rising inflation and rate expectations, new Indian import tariffs – Heraeus

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM opened at $89.21 on Wednesday. SPDR Gold MiniShares Trust has a one year low of $64.46 and a one year high of $109.74. The stock has a 50-day moving average price of $92.18 and a 200 day moving average price of $91.69.

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.