Compass Wealth Management LLC GA boosted its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 9.1% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 84,168 shares of the company’s stock after purchasing an additional 7,017 shares during the period. SPDR Gold MiniShares Trust comprises approximately 2.7% of Compass Wealth Management LLC GA’s holdings, making the stock its 13th largest position. Compass Wealth Management LLC GA’s holdings in SPDR Gold MiniShares Trust were worth $6,917,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Family CFO Inc lifted its position in SPDR Gold MiniShares Trust by 70.8% in the 3rd quarter. Family CFO Inc now owns 9,470 shares of the company’s stock worth $778,000 after buying an additional 3,927 shares in the last quarter. Integrity Alliance LLC. grew its holdings in shares of SPDR Gold MiniShares Trust by 6.8% during the 3rd quarter. Integrity Alliance LLC. now owns 51,309 shares of the company’s stock valued at $4,217,000 after acquiring an additional 3,248 shares in the last quarter. Integrity Advisory Solutions LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 54.2% during the 3rd quarter. Integrity Advisory Solutions LLC now owns 9,108 shares of the company’s stock valued at $749,000 after acquiring an additional 3,203 shares in the last quarter. Garde Capital Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 7.6% during the 3rd quarter. Garde Capital Inc. now owns 7,339 shares of the company’s stock valued at $603,000 after acquiring an additional 516 shares in the last quarter. Finally, BOCHK Asset Management Ltd purchased a new position in shares of SPDR Gold MiniShares Trust during the 3rd quarter valued at $58,000.
Key Headlines Impacting SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Central banks bought gold at their fastest pace since late 2024 in the third quarter, and the World Gold Council said purchases rose 42%. Near-record demand could help support gold prices and GLDM. Central Banks Accelerated Gold Buying in Third Quarter
- Positive Sentiment: Commerzbank views gold’s steep October selloff as overdone, arguing that the factors underpinning higher prices remain in place. That outlook suggests potential support for GLDM if investors return to gold. Gold’s October correction was overdone – Commerzbank
- Neutral Sentiment: Lower real yields have offered some support, but gold’s recovery remains fragile ahead of U.S. employment data. The mixed signals leave GLDM sensitive to changes in rate expectations. Gold: Lower Real Yields Offer Support Before the Employment Test
- Negative Sentiment: Gold pulled back as selling resumed, with rising Treasury yields adding pressure. Technical forecasts also cite bearish signals and downside risk, while inflation concerns and expectations of higher rates are limiting gold’s ability to reclaim key resistance. These headwinds could weigh on GLDM. Gold Pulls Back As Selling Resumes Critical Support Holds Amid Growing Downside Risk
SPDR Gold MiniShares Trust Stock Down 0.6%
NYSEARCA GLDM opened at $77.53 on Wednesday. SPDR Gold MiniShares Trust has a 1-year low of $76.54 and a 1-year high of $109.74. The firm’s fifty day simple moving average is $83.72 and its 200-day simple moving average is $88.89.
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.
Further Reading
- Five stocks we like better than SPDR Gold MiniShares Trust
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
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.
