Magnolia Private Wealth LLC Acquires 22,203 Shares of SPDR Gold MiniShares Trust $GLDM

Magnolia Private Wealth LLC raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 83.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,665 shares of the company’s stock after buying an additional 22,203 shares during the quarter. SPDR Gold MiniShares Trust comprises 2.3% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 9th largest holding. Magnolia Private Wealth LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,720,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Legacy Capital Wealth Partners LLC raised its holdings in SPDR Gold MiniShares Trust by 0.5% in the 2nd quarter. Legacy Capital Wealth Partners LLC now owns 32,922 shares of the company’s stock valued at $2,157,000 after acquiring an additional 153 shares in the last quarter. Private Trust Co. NA raised its stake in shares of SPDR Gold MiniShares Trust by 3.9% in the second quarter. Private Trust Co. NA now owns 4,112 shares of the company’s stock valued at $269,000 after purchasing an additional 155 shares in the last quarter. LongView Wealth Management raised its stake in shares of SPDR Gold MiniShares Trust by 5.3% in the third quarter. LongView Wealth Management now owns 3,439 shares of the company’s stock valued at $263,000 after purchasing an additional 172 shares in the last quarter. Evolution Wealth Management Inc. boosted its stake in SPDR Gold MiniShares Trust by 55.1% during the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after buying an additional 174 shares in the last quarter. Finally, Deane Retirement Strategies Inc. increased its holdings in SPDR Gold MiniShares Trust by 126.4% in 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 period.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Analysts warn a weak U.S. jobs (NFP) report could spark a strong gold breakout above key levels, boosting demand for gold ETFs like GLDM. Gold (XAUUSD) Price Forecast: Weak NFP Could Spark Gold Breakout Over $5143.89
• Positive Sentiment: FXEmpire also notes NFP and weaker U.S. data could trigger tests of the $5,150 area for gold — a near-term upside catalyst for GLDM exposure to bullion. Gold (XAUUSD) & Silver Price Forecast: NFP Could Trigger $5,150 Test
• Positive Sentiment: The Wall Street Journal reports gold rose on growing Fed rate-cut expectations — monetary easing is a structural tailwind for non-yielding gold and GLDM. Gold Rises Amid Fed Rate-Cut Prospects
• Positive Sentiment: UBS projects materially higher year‑end gold (around $5,900/oz), which, if realized, would support strong long-term upside for GLDM. Gold will hit $5,900/oz by year end on Fed easing, sovereign buying – UBS
• Positive Sentiment: After gold’s rebound, some outlets still list top gold ETFs as buys — flow interest into ETFs like GLDM can support its price. After Gold’s Rebound, These 3 Gold ETFs Remain Buys
• Neutral Sentiment: Technical pieces show gold holding key support above $5,000; this stabilizes GLDM but leaves room for either continuation or a pullback depending on upcoming data. Gold and Silver Technical Analysis: Prices Hold Key Support Ahead of US Jobs Data
• Neutral Sentiment: Market structure shifts (tokenized gold, heightened volatility) are changing liquidity and access to bullion — longer-term impact on ETF flows is uncertain. Tokenized gold is having a major impact on the broader bullion market – SocGen
• Negative Sentiment: Reports note routine profit‑taking and a possible technical correction after recent strong closes — short-term selling pressure can push GLDM lower. Gold Falls on Possible Technical Correction
• Negative Sentiment: The Treasury and some commentators have called gold a “bubble,” a narrative that can dampen investor appetite and weigh on ETF flows like GLDM during rallies. Treasury calls gold a ‘bubble’ while banks target $6,000: Feneck warns of ‘commodity war’

SPDR Gold MiniShares Trust Price Performance

NYSEARCA:GLDM opened at $99.58 on Wednesday. SPDR Gold MiniShares Trust has a 12-month low of $56.10 and a 12-month high of $109.74. The firm has a 50-day moving average price of $90.74 and a 200 day moving average price of $80.49.

SPDR Gold MiniShares Trust 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.