Tidemark LLC Purchases 25,053 Shares of SPDR Gold MiniShares Trust $GLDM

Tidemark LLC lifted its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 26.1% in the fourth quarter, HoldingsChannel reports. The firm owned 120,980 shares of the company’s stock after buying an additional 25,053 shares during the period. SPDR Gold MiniShares Trust makes up about 2.9% of Tidemark LLC’s portfolio, making the stock its 10th biggest holding. Tidemark LLC’s holdings in SPDR Gold MiniShares Trust were worth $10,328,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Accredited Wealth Management LLC raised its stake in SPDR Gold MiniShares Trust by 174.4% during the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock worth $26,000 after purchasing an additional 218 shares during the period. Godfrey Financial Associates Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $26,000. Root Financial Partners LLC grew its stake in shares of SPDR Gold MiniShares Trust by 548.2% in the 4th quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock valued at $31,000 after buying an additional 307 shares during the period. Networth Advisors LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth approximately $33,000. Finally, Gould Capital LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 377.8% during the 3rd quarter. Gould Capital LLC now owns 516 shares of the company’s stock worth $39,000 after buying an additional 408 shares during 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: Central bank demand continues to reinforce gold’s role as a reserve asset, with an ECB report highlighting the metal’s growing importance in global reserves. Central banks see gold as the reserve asset of choice – ECB report
• Positive Sentiment: Several analysts said gold’s longer-term bull case remains intact, citing debt worries, sticky inflation, de-dollarization, and continued central bank buying as major supports. Gold price is squeezed between 50 and 200 DMA, but 2025 drivers will return stronger once Iran war recedes – Saxo Bank’s Hansen
• Positive Sentiment: Gold could benefit if rates continue to fall and the dollar and yields keep retreating, improving the near-term setup for the metal. Gold Price Analysis – Gold Rallies as Rates Fall
• Neutral Sentiment: Gold is also being described as stuck in a tightening technical range, suggesting a breakout may be near but the direction is still unclear. Gold (XAU/USD) Price Forecast: Tight Range Builds Breakout Pressure
• Negative Sentiment: Stronger U.S. labor and manufacturing data have reduced immediate safe-haven demand, while firmer yields and oil prices have pressured gold lower in recent sessions. Gold price struggling around $4,500 as U.S. JOLTS shows rise in job openings
• Negative Sentiment: Recent reports noted gold slipping as the U.S.-Iran situation lifted oil prices, supported the dollar, and reduced expectations for Federal Reserve rate cuts. Gold News: Rising Oil Prices Darken Gold Price Future Before Payrolls

SPDR Gold MiniShares Trust Stock Up 0.1%

GLDM stock opened at $88.78 on Wednesday. SPDR Gold MiniShares Trust has a one year low of $64.46 and a one year high of $109.74. The firm’s 50 day moving average price is $91.58 and its 200-day moving average price is $91.93.

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.