SNS Financial Group LLC Has $33.48 Million Stock Position in SPDR Gold MiniShares Trust $GLDM

SNS Financial Group LLC cut its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 437,944 shares of the company’s stock after selling 10,812 shares during the period. SPDR Gold MiniShares Trust accounts for 2.9% of SNS Financial Group LLC’s investment portfolio, making the stock its 11th largest holding. SNS Financial Group LLC’s holdings in SPDR Gold MiniShares Trust were worth $33,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. New England Private Wealth Advisors LLC lifted its position in shares of SPDR Gold MiniShares Trust by 60.4% in the 3rd quarter. New England Private Wealth Advisors LLC now owns 36,683 shares of the company’s stock worth $2,804,000 after purchasing an additional 13,820 shares during the period. Diversify Advisory Services LLC raised its stake in SPDR Gold MiniShares Trust by 3.1% during the third quarter. Diversify Advisory Services LLC now owns 484,161 shares of the company’s stock worth $38,428,000 after buying an additional 14,409 shares during the last quarter. Parallel Advisors LLC raised its stake in SPDR Gold MiniShares Trust by 28.9% during the third quarter. Parallel Advisors LLC now owns 14,097 shares of the company’s stock worth $1,078,000 after buying an additional 3,164 shares during the last quarter. CreativeOne Wealth LLC lifted its holdings in SPDR Gold MiniShares Trust by 9.4% in the third quarter. CreativeOne Wealth LLC now owns 91,498 shares of the company’s stock valued at $6,995,000 after buying an additional 7,885 shares during the period. Finally, Mizuho Bank Ltd. acquired a new position in SPDR Gold MiniShares Trust in the third quarter valued at $137,763,000.

SPDR Gold MiniShares Trust Stock Up 1.6%

Shares of GLDM opened at $101.97 on Monday. The firm’s fifty day simple moving average is $96.26 and its two-hundred day simple moving average is $84.89. SPDR Gold MiniShares Trust has a 12 month low of $57.05 and a 12 month high of $109.74.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Weak U.S. payrolls and other economic misses are pushing investors into gold as a hedge, supporting GLDM inflows and price gains. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Non Farm Payrolls Miss Estimates
• Positive Sentiment: Kitco reports a notable jump in gold after the U.S. economy lost 92K jobs, a direct catalyst for safe‑haven buying that benefits GLDM. Gold prices jump as the U.S. economy loses 92k jobs
• Positive Sentiment: Slowing U.S. retail sales reinforced recession/weakness concerns, helping gold rally intraday—another supportive input for GLDM demand. Gold rallies near session highs after U.S. retail sales drop -0.2% in January
• Positive Sentiment: ETF-focused commentary highlights rising inflation fears (driven by oil) and fading rate‑cut expectations, encouraging investors to use ETFs like GLDM as inflation/defensive exposure. Inflation Pressure Intensifying? ETFs May Help Stay Prepared
• Neutral Sentiment: Geopolitical volatility (U.S.–Iran) continues to keep gold volatile — it can lift GLDM on risk spikes but hasn’t produced consistent, sustained safe‑haven flows. Dollar, bonds, or gold – which is the safest haven to hold?
• Negative Sentiment: Technical analysts warn of bearish wedge breakouts and measured downside targets for gold—signals that could pressure GLDM if momentum confirms. Gold (XAU/USD) Price Forecast: Wedge Breakout Suggests Further Downside
• Negative Sentiment: Additional technical pieces note a bearish breakdown and key support tests ahead; sustained technical weakness would be a headwind for GLDM flows. Gold (XAU/USD) Price Forecast: Bearish Wedge Breakdown Signals Key Support Tests
• Negative Sentiment: Reports that a major sovereign buyer may start selling gold to fund defense spending create a potential structural supply/demand risk that could weigh on GLDM if realized. The world’s biggest sovereign gold buyer might start selling to double defense budget

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.