Signal Advisors Wealth LLC Grows Stock Position in SPDR Gold MiniShares Trust $GLDM

Signal Advisors Wealth LLC raised its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 76.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,106 shares of the company’s stock after buying an additional 9,983 shares during the quarter. Signal Advisors Wealth LLC’s holdings in SPDR Gold MiniShares Trust were worth $2,142,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in GLDM. China Universal Asset Management Co. Ltd. increased 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 worth $17,603,000 after purchasing an additional 17,000 shares in the last quarter. Bright Financial Advisors Inc. lifted its stake in shares of SPDR Gold MiniShares Trust by 19.6% during the 3rd quarter. Bright Financial Advisors Inc. now owns 82,834 shares of the company’s stock valued at $6,333,000 after buying an additional 13,558 shares in the last quarter. Financial Planning Hawaii Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at approximately $2,816,000. Farther Finance Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 17.4% in the 4th quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock worth $54,270,000 after buying an additional 94,239 shares during the period. Finally, Arete Wealth Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 23.9% in the 3rd quarter. Arete Wealth Advisors LLC now owns 57,034 shares of the company’s stock worth $4,365,000 after buying an additional 10,994 shares during the period.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $82.92 on Tuesday. The company’s fifty day simple moving average is $89.77 and its two-hundred day simple moving average is $92.25. SPDR Gold MiniShares Trust has a 1 year low of $64.46 and a 1 year high of $109.74.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold rebounded in some sessions as traders bought the dip, with analysts and investors noting that the selloff may create an attractive entry point for bullion exposure. Gold Just Dropped $68. Peter Schiff Says That’s Your Buy Signal.
• Positive Sentiment: Gold also found support from geopolitical uncertainty and ceasefire-related headlines, which can revive safe-haven demand for the metal and support GLDM. Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs Policy Signals Amid Iran-Israel Conflict — Upside Ahead?
• Neutral Sentiment: Some reports said gold was attempting to rebound despite rising Treasury yields, highlighting a mixed backdrop rather than a clear bullish or bearish catalyst. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound Despite Rising Treasury Yields
• Neutral Sentiment: Gold briefly moved higher as markets weighed lower oil prices, Fed hike risk, and improving Iran-related developments, suggesting volatility rather than a decisive trend. Gold rebounds above $4,200 as markets weigh Fed hike risk, Iran progress – Kitco AM Report
• Negative Sentiment: Gold fell in Asian trading and opened weaker as macro challenges persisted, including a stronger dollar and firm yields that typically pressure bullion-linked funds like GLDM. Gold Falls; Macro Challenges to Persist in Near Term
• Negative Sentiment: Morgan Stanley said gold may struggle to reach its bullish 2026 target without a meaningful rebound in ETF inflows, which is a concern for gold-backed products. Gold price will struggle to reach $5,200/oz in 2026 without strong ETF inflows – Morgan Stanley
• Negative Sentiment: Bank of America said gold can still reach higher levels eventually, but not anytime soon, after the Fed’s tightening bias created headwinds for the metal. Bank of America says gold can still hit $6,000, just not anytime soon

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.