Graetz Wealth LLC Purchases New Holdings in SPDR Gold MiniShares Trust $GLDM

Graetz Wealth LLC purchased a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 40,922 shares of the company’s stock, valued at approximately $3,493,000. SPDR Gold MiniShares Trust makes up 3.2% of Graetz Wealth LLC’s investment portfolio, making the stock its 9th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. China Universal Asset Management Co. Ltd. increased its holdings 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 purchasing an additional 17,000 shares in the last quarter. Bright Financial Advisors Inc. increased its holdings in shares of SPDR Gold MiniShares Trust by 19.6% in the third quarter. Bright Financial Advisors Inc. now owns 82,834 shares of the company’s stock valued at $6,333,000 after purchasing an additional 13,558 shares in the last quarter. Financial Planning Hawaii Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $2,816,000. Farther Finance Advisors LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 17.4% in the fourth quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock valued at $54,270,000 after purchasing an additional 94,239 shares in the last quarter. Finally, Arete Wealth Advisors LLC grew its holdings in SPDR Gold MiniShares Trust by 23.9% during the 3rd quarter. Arete Wealth Advisors LLC now owns 57,034 shares of the company’s stock worth $4,365,000 after acquiring an additional 10,994 shares during the period.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Some traders see gold nearing major long-term support around $4,000 an ounce, with a possible technical rebound if buyers defend that level. Gold (XAU/USD) Price Forecast: Undercut Setup Signals Potential Bottom
• Positive Sentiment: Analysts said gold’s long-term bull market may still be intact despite the recent selloff, arguing that a drop below $4,000 would not necessarily break the broader trend. Don’t fear a drop below $4,000, gold’s bull market isnt broken
• Positive Sentiment: Gold is showing signs of a rebound attempt after the recent sharp selloff, with dip-buyers also appearing in silver and platinum. Gold, Silver, Platinum Forecasts – Gold Attempts To Rebound After Strong Sell-Off
• Neutral Sentiment: Gold is extremely volatile near critical support, with traders watching whether $4,000 holds or breaks, which could determine the next major move. Precious metals traders prepare to defend $4,000 gold
• Neutral Sentiment: Some market commentary says gold may be forming a short-term bottom after testing major support, though downside risk remains if that level fails. Gold (XAU/USD) Price Forecast: Undercut Setup Signals Potential Bottom
• Negative Sentiment: Hot U.S. CPI and PPI reports reinforced expectations that the Fed may keep rates higher for longer, pushing the dollar and yields up and weighing on gold. Gold slumps to 6-month low even as inflation fears rise
• Negative Sentiment: Technical damage has deepened after gold broke below key moving averages and support levels, raising the risk of further downside if buyers do not step in soon. Gold (XAU/USD) Price Forecast: Bearish Breakdown Signals Trend Shift Risk

SPDR Gold MiniShares Trust Stock Up 3.0%

GLDM opened at $83.23 on Friday. The company has a fifty day moving average price of $91.06 and a two-hundred day moving average price of $92.18. SPDR Gold MiniShares Trust has a 52 week low of $64.46 and a 52 week 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.