176,274 Shares in SPDR Gold MiniShares Trust $GLDM Acquired by Quent Long Short Global Small Cap Fund LP

Quent Long Short Global Small Cap Fund LP bought a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 176,274 shares of the company’s stock, valued at approximately $15,049,000. SPDR Gold MiniShares Trust comprises approximately 1.2% of Quent Long Short Global Small Cap Fund LP’s investment portfolio, making the stock its 20th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Accredited Wealth Management LLC lifted its position in shares of SPDR Gold MiniShares Trust by 174.4% during the 3rd quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock worth $26,000 after purchasing an additional 218 shares during the last quarter. Networth Advisors LLC acquired a new stake in SPDR Gold MiniShares Trust in the 4th quarter valued at approximately $33,000. Financial Consulate Inc. bought a new position in SPDR Gold MiniShares Trust in the 3rd quarter worth approximately $34,000. Evolution Wealth Management Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust by 55.1% during the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after buying an additional 174 shares during the last quarter. Finally, Gould Capital LLC lifted its holdings in shares of SPDR Gold MiniShares Trust by 377.8% during the third quarter. Gould Capital LLC now owns 516 shares of the company’s stock worth $39,000 after buying an additional 408 shares during the last quarter.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Signs of strong long-term inflation concerns and bullish calls for gold could support GLDM as a gold proxy — Professor Steve Hanke argues bank‑credit growth means inflation is underestimated and gold could surge much higher. Wall Street is misreading inflation as bank credit surges, gold seen reaching $7,000 – Professor Steve Hanke
• Positive Sentiment: Reports of China buying the dip and sustained physical demand are constructive for gold-backed ETFs like GLDM if purchases continue. Gold demand anchored in mispriced risk as China buying signals ‘dip’ opportunity
• Positive Sentiment: U.S. weekly jobless claims rose, briefly lifting spot gold intraday — a sign that macro data swings can provide episodic support to GLDM. Spot gold approaches session high after US weekly jobless claims rise to 214k
• Neutral Sentiment: Market commentary says metals still have upside scope but remain “nervy” because Iran tensions and Fed rate risk create high volatility — outcome could swing GLDM either way. Gold and silver have upside scope, but Iran and Fed concerns will keep metals markets ‘nervy’ as prices test key levels – StoneX
• Neutral Sentiment: Traders are awaiting the next major war‑related event; this keeps gold reactive to headlines but without a clear directional catalyst. Gold near steady as traders await next major war event
• Negative Sentiment: Technical breakdowns: several analysts note gold has broken a rising‑wedge and key moving averages failed as support, signaling further near‑term weakness that pressures GLDM. Gold (XAU/USD) Price Forecast: Wedge Breakdown Signals Further Weakness
• Negative Sentiment: Macro pressure from a stronger dollar and rising yields, plus oil spiking above $100, is lifting inflation expectations that may keep rates higher — a headwind for gold and GLDM in the near term. Gold News: Strong Dollar and Oil Spike Pressure Gold Price Outlook
• Negative Sentiment: Gold hit a two‑week low after oil rebounded over $100 and investors priced in prolonged inflation/rate risk — this dynamic can pull GLDM lower until clarity on rates or conflict emerges. Gold hits two-week low: are rising oil prices to blame?

SPDR Gold MiniShares Trust Stock Down 1.0%

Shares of GLDM opened at $92.89 on Friday. The company has a 50-day simple moving average of $96.39 and a 200-day simple moving average of $89.98. SPDR Gold MiniShares Trust has a 52 week low of $62.70 and a 52 week high of $109.74.

SPDR Gold MiniShares Trust 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.