Financial Life Advisors Sells 22,528 Shares of SPDR Gold MiniShares Trust $GLDM

Posted by Francis Steltz on Sep 1st, 2026

Financial Life Advisors reduced its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 34.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,332 shares of the company’s stock after selling 22,528 shares during the quarter. SPDR Gold MiniShares Trust makes up about 1.0% of Financial Life Advisors’ investment portfolio, making the stock its 22nd largest holding. Financial Life Advisors’ holdings in SPDR Gold MiniShares Trust were worth $3,441,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of GLDM. KPP Advisory Services LLC increased its position in SPDR Gold MiniShares Trust by 121.8% in the fourth quarter. KPP Advisory Services LLC now owns 94,388 shares of the company’s stock worth $8,058,000 after purchasing an additional 51,840 shares during the last quarter. WCG Wealth Advisors LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 59.4% in the 4th quarter. WCG Wealth Advisors LLC now owns 27,437 shares of the company’s stock valued at $2,342,000 after purchasing an additional 10,220 shares during the last quarter. Verde Servicos Internacionais S.A. increased its position in SPDR Gold MiniShares Trust by 62.5% during the first quarter. Verde Servicos Internacionais S.A. now owns 595,207 shares of the company’s stock valued at $55,170,000 after acquiring an additional 228,870 shares during the last quarter. Continuum Wealth Advisors LLC boosted its position in shares of SPDR Gold MiniShares Trust by 13.1% during the fourth quarter. Continuum Wealth Advisors LLC now owns 277,224 shares of the company’s stock valued at $23,667,000 after buying an additional 32,009 shares during the period. Finally, Money Concepts Capital Corp bought a new position in SPDR Gold MiniShares Trust in the 4th quarter valued at $6,825,000.

SPDR Gold MiniShares Trust Stock Down 0.1%

SPDR Gold MiniShares Trust stock opened at $88.11 on Tuesday. The company has a 50 day moving average price of $83.32 and a 200-day moving average price of $89.63. SPDR Gold MiniShares Trust has a fifty-two week low of $67.65 and a fifty-two week high of $109.74.

SPDR Gold MiniShares Trust News Roundup

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

Positive Sentiment: Julius Baer said the Treasury Department’s decision to double planned bond buybacks is renewing concerns about U.S. fiscal sustainability and potential dollar debasement. Those concerns could support gold and GLDM over the longer term. Treasury’s ramped-up bond buybacks soften the U.S. dollar and boost the gold price – Julius Baer
Positive Sentiment: Fund manager Kevin Smith argued that expanding global money supply and unsustainable government debt could sustain gold’s secular bull market, with substantially higher prices possible over time. This supports the long-term investment case for GLDM despite near-term volatility. Gold price is going to $20,000 as the Fed is ‘powerless’ to fight inflation, miners offer greatest upside
Neutral Sentiment: Renewed U.S.-Iran and Gulf-region tensions boosted oil prices and created safe-haven demand for gold, but the resulting inflation risk also lifted interest-rate expectations and Treasury yields. The competing forces produced a mixed outlook for GLDM. Gold price slips as oil spike, Fed-hike odds hit risk appetite – Kitco PM Report
Negative Sentiment: Comments from Fed Chair Kevin Warsh were viewed as hawkish, increasing the probability of a September rate hike. Higher rates and yields raise the opportunity cost of holding gold and have driven a sharp pullback in gold ETFs, including GLDM. Gold ETF Inflows Reverse Course as Warsh’s Hawkish Speech Crushes GLDM’s Summer Rally
Negative Sentiment: Analysts said gold is testing important technical support after the Jackson Hole-driven selloff. A sustained break below support could encourage further profit-taking and add pressure to GLDM. Gold Price Forecast: $4,510 Support Faces a Critical Test

SPDR Gold MiniShares Trust Company Profile

(Free Report)

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.