Bell Bank Makes New $537,000 Investment in SPDR Gold MiniShares Trust $GLDM

Posted by Francis Steltz on Oct 21st, 2026

Bell Bank bought a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,529 shares of the company’s stock, valued at approximately $537,000.

A number of other hedge funds also recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its position in shares of SPDR Gold MiniShares Trust by 288.4% in the first quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock worth $25,000 after buying an additional 199 shares during the period. HHM Wealth Advisors LLC lifted its stake in SPDR Gold MiniShares Trust by 236.7% in the 1st quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock worth $28,000 after acquiring an additional 213 shares in the last quarter. Evergreen Advisors LLC purchased a new stake in SPDR Gold MiniShares Trust in the 1st quarter worth about $49,000. First Bancorp Inc ME acquired a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth about $51,000. Finally, Basepoint Wealth LLC acquired a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth about $60,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $81.48 on Wednesday. SPDR Gold MiniShares Trust has a one year low of $77.50 and a one year high of $109.74. The business has a 50-day moving average price of $85.53 and a two-hundred day moving average price of $86.22.

SPDR Gold MiniShares Trust News Summary

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

Positive Sentiment: Gold ETF holdings have reached record levels, signaling continued investor demand and providing support for gold and GLDM despite near-term macroeconomic headwinds. Gold (XAUUSD) & Silver Price Forecast: ETF Holdings Hit Record, Can Gold Hold $4,083?
Positive Sentiment: The World Gold Council said tokenized gold could eventually unlock as much as $700 billion in new investment demand, creating a potential long-term catalyst for the gold market. Tokenized gold could unlock $700 billion new demand – World Gold Council
Positive Sentiment: Central-bank buying and longer-term inflation and currency concerns remain supportive of gold. CIBC still expects a significant recovery over the longer term, although it reduced its near-term forecasts. CIBC slashes gold price forecasts but sees recovery to $5,200 in 2027
Neutral Sentiment: Gold is testing important technical levels, with support near $4,000-$4,100 and resistance around $4,217-$4,260. Holding support could stabilize GLDM, while a breakdown would increase downside risk. Gold Tests Major Demand Zone: Can Prices Clear $4,260 After Defending $4,000?
Negative Sentiment: Higher Treasury yields and a stronger dollar are weighing on gold because they raise the opportunity cost of holding a non-yielding asset. Markets are assigning high odds to a December Fed rate increase. Silver Price Forecast: Recovery Stalls as Treasury Yields Rise
Negative Sentiment: Rebounding oil prices are intensifying inflation concerns and keeping expectations for additional Fed tightening elevated, adding near-term pressure to gold and GLDM. Gold and Silver Price Forecast: Breakdown Risk Persists as Oil Rebounds

About SPDR Gold MiniShares Trust

(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.