Fortis Advisors LLC Has $5.17 Million Position in SPDR Gold MiniShares Trust $GLDM

Fortis Advisors LLC lowered its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 16.4% during the 3rd quarter, Holdings Channel reports. The fund owned 67,611 shares of the company’s stock after selling 13,270 shares during the period. SPDR Gold MiniShares Trust makes up 2.9% of Fortis Advisors LLC’s portfolio, making the stock its 10th largest holding. Fortis Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $5,169,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Deane Retirement Strategies Inc. lifted its stake in shares of SPDR Gold MiniShares Trust by 126.4% in the third quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after buying an additional 187 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in SPDR Gold MiniShares Trust in the 2nd quarter valued at about $31,000. Financial Consulate Inc. acquired a new position in SPDR Gold MiniShares Trust during the 3rd quarter valued at about $34,000. Family Legacy Financial Solutions LLC acquired a new position in SPDR Gold MiniShares Trust during the 3rd quarter valued at about $36,000. Finally, Evolution Wealth Management Inc. increased its holdings in SPDR Gold MiniShares Trust by 55.1% during the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after purchasing an additional 174 shares in the last quarter.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Geopolitical risk: rising U.S.–Iran tensions have pushed investors toward safe‑haven assets, supporting higher bullion prices and likely contributing to inflows into GLDM. Gold and Silver Analysis: US-Iran Tensions and Gold-to-Silver Ratio Signal Upside
• Positive Sentiment: Bullish analyst outlooks: institutional commentary (BMO, AuAg Funds) is projecting materially higher gold targets for 2026, which can drive longer‑term investor interest in gold ETFs like GLDM. Gold to rise near $6,500/oz in 2026 as bull case strengthens, silver’s market balance suggests caution for investors – BMO’s Amos
• Positive Sentiment: Precious‑metal momentum: silver’s recent breakout above the $80 level (targets near $85) signals broader strength in the metals complex, often correlated with higher gold ETF demand. Gold (XAUUSD) & Silver Price Forecast: $5,000 Holds as Silver Eyes $85 Breakout?
• Neutral Sentiment: Key macro events pending: U.S. GDP and PCE releases are front‑and‑center; these data points could swing rate expectations and gold flows in either direction, creating event risk for GLDM. Gold (XAUUSD) & Silver Price Forecast: $5,000 Holds as Silver Eyes $85 Breakout?
• Neutral Sentiment: Technical setup mixed: analysts note consolidation around major averages — the 50‑day is cited as critical support while the 20‑day is capping gains; that technical tug‑of‑war can produce choppy ETF flows. Gold (XAU/USD) Price Forecast: Bearish Bias Persists Below Key Average
• Neutral Sentiment: Sector note: gold‑mining stocks rallying into earnings can reflect positive sentiment for the metals complex, but mining results are an indirect influence on GLDM flows. Mining Stock Rallying Into This Week’s Earnings
• Negative Sentiment: Fed/yield pressure: hawkish Fed minutes and a firmer dollar have pushed yields up recently, which typically weighs on non‑yielding gold and can cap ETF gains if the trend continues. Gold (XAUUSD) & Silver Price Forecast: Fed Pressure Builds – Will Gold Smash $5,020 or Stall?
• Negative Sentiment: Short‑term technical risk: several analysts flag a bearish bias while price remains below short‑term averages — that could trigger profit‑taking and reduce near‑term ETF inflows. Gold (XAU/USD) Price Forecast: Bearish Bias Persists Below Key Average

SPDR Gold MiniShares Trust Stock Performance

GLDM stock opened at $98.97 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $56.10 and a twelve month high of $109.74. The stock’s 50 day moving average is $92.88 and its 200-day moving average is $81.90.

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.