Kraft Davis & Associates LLC Invests $8.59 Million in SPDR Gold MiniShares Trust $GLDM

Kraft Davis & Associates LLC acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 94,685 shares of the company’s stock, valued at approximately $8,594,000. SPDR Gold MiniShares Trust makes up 1.9% of Kraft Davis & Associates LLC’s holdings, making the stock its 19th largest holding.

Other large investors also recently added to or reduced their stakes in the company. Wealthcare Capital Partners LLC increased its stake in SPDR Gold MiniShares Trust by 35.3% in the 4th quarter. Wealthcare Capital Partners LLC now owns 16,601 shares of the company’s stock worth $1,417,000 after acquiring an additional 4,332 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its position in shares of SPDR Gold MiniShares Trust by 8.9% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 172,716 shares of the company’s stock valued at $14,745,000 after acquiring an additional 14,088 shares during the last quarter. Emergent Wealth Advisors LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 15.6% during the fourth quarter. Emergent Wealth Advisors LLC now owns 5,439 shares of the company’s stock worth $464,000 after purchasing an additional 736 shares in the last quarter. Net Worth Advisory Group grew its holdings in shares of SPDR Gold MiniShares Trust by 61.6% during the fourth quarter. Net Worth Advisory Group now owns 4,357 shares of the company’s stock worth $372,000 after purchasing an additional 1,661 shares in the last quarter. Finally, CoreCap Advisors LLC increased its position in shares of SPDR Gold MiniShares Trust by 1.8% in the fourth quarter. CoreCap Advisors LLC now owns 212,595 shares of the company’s stock worth $18,149,000 after purchasing an additional 3,707 shares during the last quarter.

Key Stories Impacting SPDR Gold MiniShares Trust

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

  • Positive Sentiment: Consumer sentiment fell and one‑year inflation expectations rose, helping push spot gold above $4,450–$4,550/oz and lifting demand for gold exposures. Spot gold shoots above $4,450/oz
  • Positive Sentiment: Gold snapped a three‑week losing streak as buyers stepped in, which supports GLDM’s price recovery when bullion rallies. Gold snaps three-week losing streak
  • Positive Sentiment: Industry commentary says advisors are broadening allocations to gold ETFs as a long‑term diversifier, which may support inflows into GLDM. Gold ETFs Gain as Advisors Seek New Diversifiers
  • Positive Sentiment: Technical reports note a rebound after a test of the 200‑day moving average, suggesting dip buyers are active and could fuel further upside. Gold Rally Builds After 200-Day Test
  • Neutral Sentiment: Roundups of top gold ETFs highlight the sector for recession hedging; inclusion or mention can raise visibility for GLDM but is not a direct catalyst. Top 5 Gold ETFs to Hedge Against Recession
  • Negative Sentiment: Technical analysis across timeframes also shows growing bearish signals and resistance, increasing the risk of renewed selling that could cap GLDM gains. Bearish Signals Grow Across Timeframes
  • Negative Sentiment: Macro risks remain — coordinated hawkish central bank positioning and a stronger dollar / higher bond yields are persistent headwinds for gold and ETF flows. The Fed Meeting Changed Everything
  • Negative Sentiment: Physical supply moves (Turkey selling reserves) and intermittent oil/geo headlines create mixed price pressure that can hurt momentum. Turkey taps its gold reserves

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM opened at $89.34 on Monday. The firm’s 50 day simple moving average is $98.16 and its 200 day simple moving average is $87.60. SPDR Gold MiniShares Trust has a 1-year low of $58.56 and a 1-year high of $109.74.

SPDR Gold MiniShares Trust Company Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

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