SPDR Gold MiniShares Trust $GLDM Stock Holdings Lowered by NewEdge Advisors LLC

NewEdge Advisors LLC cut its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 96.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,690 shares of the company’s stock after selling 191,266 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $713,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of GLDM. AQR Capital Management LLC increased its stake in shares of SPDR Gold MiniShares Trust by 90.6% in the first quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock valued at $1,488,000 after purchasing an additional 11,428 shares during the period. Walleye Capital LLC acquired a new position in shares of SPDR Gold MiniShares Trust during the second quarter worth approximately $210,000. Jump Financial LLC grew its holdings in SPDR Gold MiniShares Trust by 1.3% in the 2nd quarter. Jump Financial LLC now owns 42,431 shares of the company’s stock worth $2,780,000 after buying an additional 530 shares in the last quarter. State Street Corp grew its holdings in SPDR Gold MiniShares Trust by 0.3% in the 2nd quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after buying an additional 8,380 shares in the last quarter. Finally, Sei Investments Co. increased its position in SPDR Gold MiniShares Trust by 14.9% in the 2nd quarter. Sei Investments Co. now owns 1,181,448 shares of the company’s stock valued at $77,409,000 after acquiring an additional 152,976 shares during the period.

SPDR Gold MiniShares Trust News Roundup

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

• Positive Sentiment: Gold broke above major technical resistance and is approaching its 200-day moving average, strengthening bullish momentum and raising the possibility of additional gains. Gold (XAU/USD) Price Forecast: Breakout Puts 200-Day Moving Average in Focus
• Positive Sentiment: Gold jumped above $4,500 as the U.S. Treasury announced increased buybacks of long-term debt. The resulting decline in long-dated Treasury yields, combined with a three-month low in the dollar, improved the appeal of non-yielding gold. Gold price jumps 4% past $4,500 as Treasury buys back its own long-term debt
• Positive Sentiment: Falling bond yields and a weaker dollar helped lift precious metals, while easing expectations for further Federal Reserve rate hikes reduced pressure on gold. Wells Fargo also maintained a bullish outlook and expects gold to reach $4,900 in 2026. Gold, Silver, Platinum Forecasts – Gold Soars As U.S. Bond Markets Rally
• Neutral Sentiment: Federal Reserve minutes showed officials debating a potentially tighter policy direction, while higher oil prices and short-term rate increases could revive yield and inflation concerns. These risks may limit gold’s upside if they push Treasury yields or the dollar higher. Gold News: Gold Prices Recover as Yields and Dollar Plunge Before Fed Minutes

SPDR Gold MiniShares Trust Stock Up 3.8%

Shares of SPDR Gold MiniShares Trust stock opened at $89.29 on Thursday. The business’s fifty day moving average price is $82.28 and its two-hundred day moving average price is $90.01. SPDR Gold MiniShares Trust has a 1-year low of $65.90 and a 1-year high of $109.74.

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.