Synovus Financial Corp Has $10.69 Million Stake in SPDR Gold MiniShares Trust $GLDM

Synovus Financial Corp boosted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 139,845 shares of the company’s stock after buying an additional 5,148 shares during the period. Synovus Financial Corp’s holdings in SPDR Gold MiniShares Trust were worth $10,691,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Deane Retirement Strategies Inc. raised its position in shares of SPDR Gold MiniShares Trust by 126.4% during the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after acquiring an additional 187 shares during the last quarter. Financial Consulate Inc. bought a new position in shares of SPDR Gold MiniShares Trust in the 3rd quarter worth $34,000. Atlantic Union Bankshares Corp acquired a new stake in shares of SPDR Gold MiniShares Trust during the second quarter worth $31,000. Family Legacy Financial Solutions LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the third quarter worth $36,000. Finally, Evolution Wealth Management Inc. increased its holdings in SPDR Gold MiniShares Trust by 55.1% in the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after purchasing an additional 174 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: Geopolitical risk boosted safe‑haven demand for gold, helping prices recover amid concerns about a potential U.S.–Iran conflict. Gold Edges Higher Amid Growing Risks of U.S.-Iran Conflict
• Positive Sentiment: Technical/price‑action reports say key support levels and the 50‑day average are holding, suggesting a path for a rebound if supports remain intact — a bullish technical backdrop for GLDM. Gold (XAU/USD) Price Forecast: Key Support Holds Amid Short-Term Weakness
• Positive Sentiment: Spot gold spiked following U.S. housing‑starts data, drawing buyers and momentum traders back into the market — a direct positive for GLDM flows. Spot gold spikes to $4,969/oz after U.S. housing starts rise 3.9% in November, 6.2% in December
• Positive Sentiment: Mixed U.S. macro prints (durable goods weakness) and FOMC‑minutes positioning keep rate‑cut expectations on traders’ radar, underpinning bullion and supporting gold ETF demand. Gold near session highs after U.S. durable goods post -1.4% loss in December
• Positive Sentiment: Analysts and technical writeups highlight a bullish structure ahead of FOMC minutes and argue buyers are stepping in on dips — another supportive note for GLDM. Gold and Silver Technical Analysis: Bullish Structure Builds Ahead of FOMC Minutes
• Neutral Sentiment: Quarterly results from major miners (Newmont, NEM) are coming, which can influence miner stocks and sector flows but have an indirect effect on GLDM, which tracks bullion. Gold Mining Stock Rallying Into This Week’s Earnings
• Negative Sentiment: Some headlines note falls tied to position adjustments and U.S.–Iran talks (signs of a potential diplomatic thaw), which reduce immediate safe‑haven demand and can pressure gold/GLDM. Gold Falls on Possible Position Adjustments Before U.S.-Iran Talks
• Negative Sentiment: Coverage pointing to U.S.–Iran talks and commentary that the talks could reduce geopolitical premium briefly pushed prices lower in earlier sessions. Gold and Silver Prices Fall as U.S.-Iran Talks Begin. Trump Says Tehran Wants a Deal.
• Negative Sentiment: Institutional caution: at least one large bank argued against the durability of the rally, introducing analyst skepticism that can sap momentum. JP Morgan says there’s a case against the gold rally continuing – and it’s wrong

SPDR Gold MiniShares Trust Price Performance

NYSEARCA:GLDM opened at $98.66 on Thursday. SPDR Gold MiniShares Trust has a 1-year low of $56.10 and a 1-year high of $109.74. The business’s 50-day moving average price is $92.59 and its two-hundred day moving average price is $81.78.

About SPDR Gold MiniShares Trust

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.