Gould Asset Management LLC CA lowered its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 46.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 90,390 shares of the company’s stock after selling 79,939 shares during the period. SPDR Gold MiniShares Trust comprises approximately 1.5% of Gould Asset Management LLC CA’s holdings, making the stock its 16th largest position. Gould Asset Management LLC CA’s holdings in SPDR Gold MiniShares Trust were worth $8,378,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. China Universal Asset Management Co. Ltd. lifted its position in shares of SPDR Gold MiniShares Trust by 9.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 206,200 shares of the company’s stock worth $17,603,000 after buying an additional 17,000 shares in the last quarter. Farther Finance Advisors LLC lifted its position in SPDR Gold MiniShares Trust by 17.4% during the fourth quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock valued at $54,270,000 after purchasing an additional 94,239 shares during the last quarter. AE Wealth Management LLC lifted its position in SPDR Gold MiniShares Trust by 37.0% during the fourth quarter. AE Wealth Management LLC now owns 330,650 shares of the company’s stock valued at $28,228,000 after purchasing an additional 89,313 shares during the last quarter. Financial Planning Hawaii Inc. purchased a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter worth $2,816,000. Finally, Kraft Davis & Associates LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter worth $8,594,000.
More SPDR Gold MiniShares Trust News
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Negative Sentiment: Gold fell as resilient U.S. data, rising Treasury yields, and a firmer dollar outweighed support from softer inflation reports and geopolitical tensions. Gold breaks $4,000 as yields rise, Fed-rate relief fades – Kitco PM Report
- Negative Sentiment: Technical analysts warned that gold’s rejection from moving average resistance could lead to a deeper pullback if support levels fail. Gold (XAU/USD) Price Forecast: Will Gold Break Below Major Support Levels?
- Negative Sentiment: Better-than-expected U.S. labor and manufacturing data added to pressure on gold by reinforcing the case for higher yields and less immediate Fed support. Spot gold trades near session lows after U.S. weekly jobless claims drop to 208k
- Neutral Sentiment: Some strategists said the pullback does not necessarily end the broader gold bull market, suggesting the decline may be a consolidation rather than a trend reversal. Gold’s Pullback Doesn’t Mean the Bull Market Is Over
- Neutral Sentiment: Fidelity’s Samson said gold could return to an overweight position in portfolios later, reinforcing longer-term support even as near-term prices weaken. ‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027
SPDR Gold MiniShares Trust Stock Performance
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.
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