Horst & Graben Wealth Management LLC lessened its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 65.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,757 shares of the company’s stock after selling 76,129 shares during the quarter. Horst & Graben Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,683,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Godfrey Financial Associates Inc. purchased a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at about $26,000. HHM Wealth Advisors LLC lifted its stake in SPDR Gold MiniShares Trust by 236.7% during the first quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock worth $28,000 after purchasing an additional 213 shares during the last quarter. Root Financial Partners LLC boosted its holdings in SPDR Gold MiniShares Trust by 548.2% in the fourth quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock valued at $31,000 after purchasing an additional 307 shares in the last quarter. Networth Advisors LLC purchased a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $33,000. Finally, Gould Capital LLC increased its stake in SPDR Gold MiniShares Trust by 377.8% in the third quarter. Gould Capital LLC now owns 516 shares of the company’s stock valued at $39,000 after purchasing an additional 408 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Performance
Shares of NYSEARCA:GLDM opened at $81.41 on Wednesday. SPDR Gold MiniShares Trust has a twelve month low of $64.71 and a twelve month high of $109.74. The firm has a 50 day simple moving average of $86.74 and a 200-day simple moving average of $91.97.
SPDR Gold MiniShares Trust News Summary
- Positive Sentiment: China’s central bank added 15 tonnes of gold reserves in June, reinforcing the view that official-sector buying is helping absorb dips and support the long-term gold market. China’s central bank buys the dip, increasing gold reserves 15 tonnes in June
- Positive Sentiment: Several analysts said the recent correction may have reset sentiment rather than ended the bull case, with some still projecting materially higher gold prices if central-bank demand and macro uncertainty persist. Gold correction has reset the market, but MKS’ Shiels still sees $4,500 average price in 2026
- Positive Sentiment: Gold is holding above key support levels and some technical forecasts now suggest the metal may be forming a bottom, which could help GLDM stabilize if buyers continue to defend recent lows. Gold Price Forecast: Why the Next Major Move Could Target $7,000+
- Neutral Sentiment: Gold is attempting a recovery, but the move remains capped by major resistance levels, so the near-term direction for GLDM is still uncertain. Gold (XAU/USD) Price Forecast: Recovery Attempt Tests Major Trend Barriers
- Neutral Sentiment: Gold prices have been oscillating around key technical floors, with traders waiting for confirmation that the recent selloff has fully run its course. Gold Price Analysis – Gold Clings to $4,000 Floor Facing Heavy Moving Average Resistance
- Negative Sentiment: Short-term trading remains challenged by rising Treasury yields, a firmer dollar, and reports that gold fell as investors awaited Fed minutes, all of which can weigh on GLDM in the near term. Gold Falls as Investors Await Fed Minutes
- Negative Sentiment: Gold also slipped in some sessions as stronger yields and oil-market strength pressured precious metals, reinforcing the recent downside bias in GLDM. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Lower As Treasury Yields Rise
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.
Featured Stories
- Five stocks we like better than SPDR Gold MiniShares Trust
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
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.
