Leo Wealth LLC purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 21,461 shares of the company’s stock, valued at approximately $1,764,000.
A number of other institutional investors and hedge funds have also modified their holdings of GLDM. Fort Washington Investment Advisors Inc. OH boosted its stake in SPDR Gold MiniShares Trust by 1.2% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 13,601 shares of the company’s stock valued at $1,261,000 after acquiring an additional 157 shares during the last quarter. Beacon Financial Advisory LLC raised its position in shares of SPDR Gold MiniShares Trust by 3.6% during the 2nd quarter. Beacon Financial Advisory LLC now owns 4,658 shares of the company’s stock valued at $370,000 after acquiring an additional 163 shares during the last quarter. Cassilly Financial Group LLC raised its position in shares of SPDR Gold MiniShares Trust by 2.7% during the 3rd quarter. Cassilly Financial Group LLC now owns 6,782 shares of the company’s stock valued at $557,000 after acquiring an additional 180 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of SPDR Gold MiniShares Trust by 288.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock valued at $25,000 after acquiring an additional 199 shares during the last quarter. Finally, Carnegie Investment Counsel lifted its stake in shares of SPDR Gold MiniShares Trust by 6.0% in the 1st quarter. Carnegie Investment Counsel now owns 3,550 shares of the company’s stock valued at $329,000 after purchasing an additional 200 shares during the period.
SPDR Gold MiniShares Trust News Summary
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Lower crude oil prices have eased inflation concerns and reduced expectations for aggressive Federal Reserve tightening, encouraging renewed buying in precious metals ahead of the Fed’s policy meeting. Gold briefly rebounded above $4,000 an ounce. Gold rebounds above $4,000 as lower oil prices ease Fed tightening concerns
- Positive Sentiment: Gold and silver recovered some of their recent losses as softer oil prices improved the inflation outlook and supported demand for precious metals. Gold holds above $4,000 as Hormuz diplomacy cools crude ahead Fed decision
- Neutral Sentiment: Investors are focused on the Fed decision. Although markets generally expect rates to remain unchanged this month, the possibility of another rate increase later in 2026 remains a risk for gold. Gold Edges Lower as Investors Mull Potential Fed Rate Hike This Year
- Negative Sentiment: Analysts describe gold’s technical and fundamental backdrop as fragile. The metal is struggling to hold $4,000, with support near $3,946, while an unresolved Iran conflict and cautious investor sentiment could limit a near-term rally. Gold prices are oversold below $4,000, but a potential rally could still be out of reach
- Negative Sentiment: Gold and Bitcoin were reported as the worst-performing major assets of 2026, highlighting the broader deterioration in gold’s momentum. Gold and Bitcoin become 2026’s worst major assets
SPDR Gold MiniShares Trust Price Performance
GLDM stock opened at $79.38 on Tuesday. The business’s fifty day moving average is $84.97 and its 200-day moving average is $89.22. SPDR Gold MiniShares Trust has a twelve month low of $77.50 and a twelve month high of $109.74.
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.
Further Reading
- Five stocks we like better than SPDR Gold MiniShares Trust
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.
