Vigilare Wealth Management Takes Position in SPDR Gold MiniShares Trust $GLDM

Vigilare Wealth Management bought a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the 2nd quarter, HoldingsChannel reports. The firm bought 8,759 shares of the company’s stock, valued at approximately $696,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its holdings in SPDR Gold MiniShares Trust by 288.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock worth $25,000 after acquiring an additional 199 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $26,000. HHM Wealth Advisors LLC raised its stake in shares of SPDR Gold MiniShares Trust by 236.7% during the first quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock valued at $28,000 after purchasing an additional 213 shares during the period. Root Financial Partners LLC raised its stake in shares of SPDR Gold MiniShares Trust by 548.2% during 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 during the period. Finally, Networth Advisors LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the fourth quarter worth $33,000.

SPDR Gold MiniShares Trust Price Performance

NYSEARCA GLDM opened at $80.14 on Tuesday. The company’s fifty day simple moving average is $82.59 and its 200-day simple moving average is $90.96. SPDR Gold MiniShares Trust has a 52 week low of $65.64 and a 52 week high of $109.74.

Key SPDR Gold MiniShares Trust News

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: A sharp decline in crude oil prices is easing inflation pressure and pulling Treasury yields lower, providing support for gold despite reduced safe-haven demand as U.S.-Iran diplomacy progresses. These conditions are supportive for GLDM. Gold steadies as oil slump cools inflation pressure, equities rally – Kitco PM Report
• Positive Sentiment: abrdn strategist Robert Minter said gold’s ability to hold support near $4,000 indicates that its longer-term structural bull market remains intact, framing the recent correction as a potential entry point for investors. Gold’s $4,000 floor offers compelling value
• Positive Sentiment: Gold has received additional support from a technical rebound, Iran-related diplomacy and falling oil prices, although a sustained move higher depends on clearing key resistance levels. Gold Rises on Technical Rebound
• Neutral Sentiment: Investors are waiting for July nonfarm payrolls after the Federal Reserve held interest rates steady. The report could shift expectations for future policy, Treasury yields and the dollar—key near-term drivers of GLDM. Gold and Silver Forecast: NFP in Focus
• Neutral Sentiment: Kalshi’s expansion of short-term prediction markets to gold and silver may increase trading attention and liquidity, but it does not directly change GLDM’s underlying gold holdings. Kalshi Expands 15-Minute Markets Beyond Crypto
• Negative Sentiment: Gold remains stuck near $4,000 as stronger-than-expected manufacturing data could give the Fed more room to keep inflation-focused policy. A rebounding dollar has also weighed on the metal, while analysts warn that higher yields and a strong payrolls report could revive rate-hike expectations. Gold prices remain stuck near $4,000
• Negative Sentiment: A potential U.S. gold revaluation would primarily benefit Washington through higher reported reserves, rather than directly increasing the value of privately held gold or GLDM shares. Gold revaluation would pay Washington, not private holders

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.