Mayflower Financial Advisors LLC Has $2.12 Million Position in SPDR Gold MiniShares Trust $GLDM

Mayflower Financial Advisors LLC cut its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 48.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,845 shares of the company’s stock after selling 21,573 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,118,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. China Universal Asset Management Co. Ltd. boosted its stake 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 valued at $17,603,000 after buying an additional 17,000 shares during the period. Farther Finance Advisors LLC increased its stake in SPDR Gold MiniShares Trust by 17.4% during the 4th quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock worth $54,270,000 after acquiring an additional 94,239 shares during the period. Financial Planning Hawaii Inc. bought a new position in SPDR Gold MiniShares Trust during the 4th quarter worth $2,816,000. AE Wealth Management LLC raised its holdings in SPDR Gold MiniShares Trust by 37.0% in the 4th quarter. AE Wealth Management LLC now owns 330,650 shares of the company’s stock valued at $28,228,000 after acquiring an additional 89,313 shares in the last quarter. Finally, Kraft Davis & Associates LLC acquired a new position in SPDR Gold MiniShares Trust in the 4th quarter valued at $8,594,000.

SPDR Gold MiniShares Trust News Roundup

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

• Positive Sentiment: Central bank buying continues to support the long-term gold backdrop, with survey data suggesting the official sector is still accumulating bullion, even if at a slower pace. Gold’s biggest buyers aren’t slowing down, but SocGen sees more measured pace ahead
• Positive Sentiment: Some analysts say precious metals could benefit later if oil prices fall, inflation expectations cool, and bond yields ease, which would improve the case for gold and GLDM. Precious metals should benefit from falling oil, as gold market continues shift toward Asia – Heraeus
• Positive Sentiment: China is considering changes to gold import and export rules, which could support broader market activity and reinforce Asia’s importance in gold demand. China considers new import and export regime for gold which limits PBOC oversight
• Neutral Sentiment: Gold is holding important technical support levels, suggesting traders are watching for either a rebound or a deeper breakdown in the near term. Gold (XAUUSD) & Silver Price Forecast: Gold Defends $4,049 as Silver Holds $57.97 — Next Move?
• Neutral Sentiment: Near-term price forecasts remain mixed, with some analysts warning gold could dip below current support before recovering later in 2027. Gold will fall below $3,900 this year before rallying to $5,300 in 2027 – TD’s Bart Melek
• Negative Sentiment: Multiple reports say gold and silver are weakening as higher oil prices and firmer Treasury yields keep markets focused on Fed tightening risk instead of safe-haven demand. Gold, silver weaken as Fed repricing overwhelms haven demand – Kitco PM Report
• Negative Sentiment: Gold prices are also being weighed down by a stronger dollar and renewed concerns that Fed rate expectations may stay elevated longer than previously hoped. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Focus On Rate Outlook
• Negative Sentiment: Technical selling is adding pressure, with articles pointing to a “death cross” and other bearish signals that could push gold lower in the short term. Gold News: Does the Death Cross Still Matter for Gold Prices?

SPDR Gold MiniShares Trust Trading Down 1.4%

NYSEARCA:GLDM opened at $79.45 on Tuesday. The stock has a fifty day moving average price of $88.30 and a 200-day moving average price of $92.13. SPDR Gold MiniShares Trust has a fifty-two week low of $64.71 and a fifty-two week 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.