Lederer & Associates Investment Counsel CA Takes $705,000 Position in SPDR Gold MiniShares Trust $GLDM

Lederer & Associates Investment Counsel CA acquired a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,881 shares of the company’s stock, valued at approximately $705,000.

A number of other hedge funds have also bought and sold shares of GLDM. PNC Financial Services Group Inc. grew its holdings in SPDR Gold MiniShares Trust by 288.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock worth $25,000 after acquiring an additional 199 shares during the period. HHM Wealth Advisors LLC raised its position in shares of SPDR Gold MiniShares Trust by 236.7% in the 1st quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock worth $28,000 after acquiring an additional 213 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter worth about $26,000. Root Financial Partners LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 548.2% in the 4th quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock valued at $31,000 after purchasing an additional 307 shares during the period. Finally, Gould Capital LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 377.8% in the 3rd quarter. Gould Capital LLC now owns 516 shares of the company’s stock valued at $39,000 after purchasing an additional 408 shares during the period.

SPDR Gold MiniShares Trust News Summary

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

• Positive Sentiment: Safe-haven demand linked to tensions around the Strait of Hormuz, combined with renewed geopolitical risk, is helping support gold despite a firmer dollar and elevated interest rates. Gold holds near two-month high as equities slip, oil rallies
• Positive Sentiment: Chinese gold consumption increased 1.23% year over year in the first half of 2026, with strong investment demand offsetting weak jewelry sales. Continued central-bank and investor buying provides a supportive demand backdrop for gold and GLDM. China’s gold consumption rises 1.23% in H1
• Positive Sentiment: Analysts continue to identify upside potential toward $4,500 an ounce, supported by central-bank purchases, lower real-yield expectations, easing Federal Reserve expectations and persistent investment flows. Gold Price Could Test and Move Beyond Recent Highs
• Neutral Sentiment: Investors are awaiting Wednesday’s U.S. CPI report, which could determine whether gold’s recent breakout continues or loses momentum. A softer inflation reading could revive expectations for easier Fed policy, while a firm reading could pressure bullion. Can CPI Revive Gold After $4,430 Rejection?
• Negative Sentiment: Profit-taking after gold reached roughly $4,430-$4,435, along with rising Treasury yields and a steadier dollar, has triggered a pullback. Technical analysts are watching support near $4,357; a break below it could extend the correction. Gold Breakout Faces Key Test After $4,435 High

SPDR Gold MiniShares Trust Stock Performance

Shares of SPDR Gold MiniShares Trust stock opened at $86.46 on Wednesday. SPDR Gold MiniShares Trust has a one year low of $65.64 and a one year high of $109.74. The stock’s 50-day moving average is $82.08 and its 200 day moving average is $90.64.

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.