ZEGA Investments LLC purchased a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 21,609 shares of the company’s stock, valued at approximately $1,652,000.
Other hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC increased its stake in SPDR Gold MiniShares Trust by 5.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 541,467 shares of the company’s stock worth $41,395,000 after purchasing an additional 28,037 shares during the period. Orion Porfolio Solutions LLC boosted its position in SPDR Gold MiniShares Trust by 34.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 38,148 shares of the company’s stock valued at $2,499,000 after buying an additional 9,732 shares during the period. Clear Harbor Asset Management LLC purchased a new position in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $2,863,000. Rosenberg Matthew Hamilton boosted its holdings in shares of SPDR Gold MiniShares Trust by 13.0% during the second quarter. Rosenberg Matthew Hamilton now owns 2,162 shares of the company’s stock worth $142,000 after purchasing an additional 249 shares during the period. Finally, American National Bank of Texas bought a new stake in shares of SPDR Gold MiniShares Trust in the third quarter worth about $3,493,000.
SPDR Gold MiniShares Trust News Summary
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Criminal probe into Fed Chair Jerome Powell revived fears about Fed independence and boosted safe‑haven demand for gold, supporting GLDM. ‘Sell America’ trade: Dollar drops, gold surges as Trump’s Fed pressure campaign raises fears about U.S. system
- Positive Sentiment: Gold hit record highs above $4,600 on Powell probe and geopolitical flashpoints, a direct tailwind for GLDM’s NAV. Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush
- Positive Sentiment: Multiple reports cite geopolitical chaos (Iran, Venezuela, Greenland tensions) driving safe‑haven flows into gold and defence stocks — supportive for GLDM if tensions persist. Trump Greenland threat triggers search for shelter beyond gold, defence
- Positive Sentiment: Analysts and market commentary report powerful rallies and record highs for both gold and silver amid risk aversion, adding momentum to gold ETFs including GLDM. Powerful rallies send gold, silver to record highs amid risk aversion
- Neutral Sentiment: Market commentators flag that Fed‑cut odds and safe‑haven flows are key drivers; these are supportive but sensitive to incoming U.S. data and DOJ headlines. Gold and Silver Analysis: Geopolitical Risks and Fed Cut Bets Drive Bullish Breakouts
- Neutral Sentiment: Technical analyses identify key resistance around $4,770/oz and highlight intra‑day entry levels — useful for traders in GLDM but not an immediate directional catalyst. Gold prices ride geopolitical shockwaves above $4,600, but real resistance lies at $4,770/oz – World Gold Council
- Neutral Sentiment: Longer‑term performance pieces show multi‑year gains for GLDM investors — relevant for buy‑and‑hold holders but less useful for intraday moves. If You Invested $1000 In SPDR Gold MiniShares Trust Stock 5 Years Ago, You Would Have This Much Today
- Negative Sentiment: Some analysts warn of a near‑term technical correction after rapid gains; profit‑taking could pressure GLDM short term. Gold Edges Lower on Likely Technical Correction
- Negative Sentiment: Gold pulled back ahead of U.S. CPI as a stronger dollar and data risk prompted caution — CPI prints and dollar moves could reverse recent gains and weigh on GLDM. Gold (XAUUSD) & Silver Price Forecast: Gold Slips Ahead of CPI, Silver Stays Bullish
SPDR Gold MiniShares Trust Stock Up 1.9%
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.
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