RCW Management LLC bought a new stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 27,597 shares of the company’s stock, valued at approximately $2,356,000. SPDR Gold MiniShares Trust accounts for about 2.4% of RCW Management LLC’s holdings, making the stock its 10th largest position.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. U.S. Capital Wealth Advisors LLC boosted its position in SPDR Gold MiniShares Trust by 0.8% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock valued at $1,208,000 after purchasing an additional 112 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of SPDR Gold MiniShares Trust by 34.6% during the third quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $43,000 after purchasing an additional 145 shares during the period. Meredith Wealth Planning raised its stake in SPDR Gold MiniShares Trust by 3.8% in the fourth quarter. Meredith Wealth Planning now owns 4,197 shares of the company’s stock valued at $358,000 after purchasing an additional 152 shares in the last quarter. Evolution Wealth Management Inc. raised its stake in SPDR Gold MiniShares Trust by 55.1% in the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after purchasing an additional 174 shares in the last quarter. Finally, Crews Bank & Trust increased its stake in shares of SPDR Gold MiniShares Trust by 2.1% in the 4th quarter. Crews Bank & Trust now owns 8,450 shares of the company’s stock valued at $721,000 after purchasing an additional 175 shares during the last quarter.
Key SPDR Gold MiniShares Trust News
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Gold bounced after U.S. rates cooled in early trading, providing near-term support for bullion and ETFs like GLDM; intraday rate moves can lift NAVs even amid broader macro uncertainty. Article Title
- Positive Sentiment: Spot gold hit session highs after weekly U.S. jobless claims surprised lower, triggering safe-haven flows and short-term momentum plays that can buoy GLDM intraday. Article Title
- Positive Sentiment: Structural demand remains supportive: central-bank purchases and stronger bar/coin demand are underpinning longer-term bullion fundamentals that benefit GLDM as a gold proxy. Article Title
- Neutral Sentiment: Mixed macro prints (U.S. Q1 GDP +2% and core inflation at 3.2%) mean conflicting implications for gold—higher inflation can be bullish, but growth and inflation that keep rates elevated are bearish, resulting in directionless trading for GLDM. Article Title
- Negative Sentiment: Fed policy signals and a stronger dollar have recently pressured gold—higher-for-longer rate expectations push real yields up and make gold less attractive, weighing on GLDM. Article Title
- Negative Sentiment: Technical selling and bearish momentum analyses point to potential downside toward key support zones; traders using technical rules can amplify outflows from gold ETFs like GLDM. Article Title
- Negative Sentiment: Recent sharp sell-offs tied to yield spikes and dollar strength have produced short-term losses in bullion that translate to lower GLDM NAVs when risk-off/rate-driven moves dominate. Article Title
SPDR Gold MiniShares Trust Trading Up 1.6%
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.
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