CFS Investment Advisory Services LLC Sells 6,988 Shares of SPDR Gold MiniShares Trust $GLDM

CFS Investment Advisory Services LLC lowered its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 160,690 shares of the company’s stock after selling 6,988 shares during the period. CFS Investment Advisory Services LLC’s holdings in SPDR Gold MiniShares Trust were worth $13,718,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Godfrey Financial Associates Inc. bought a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at about $26,000. Accredited Wealth Management LLC boosted its position in SPDR Gold MiniShares Trust by 174.4% in the third 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 bought a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $33,000. Gould Capital LLC grew its stake in shares of SPDR Gold MiniShares Trust by 377.8% during 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. Finally, EverSource Wealth Advisors LLC increased its position in shares of SPDR Gold MiniShares Trust by 34.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $43,000 after purchasing an additional 145 shares during the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.0%

Shares of NYSEARCA:GLDM opened at $88.97 on Friday. The firm’s 50 day moving average price is $91.76 and its 200-day moving average price is $91.82. SPDR Gold MiniShares Trust has a twelve month low of $64.46 and a twelve month high of $109.74.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold rebounded late Thursday as weaker U.S. growth data and a softer dollar offset inflation concerns tied to the Strait of Hormuz and U.S.-Iran headlines, which is supportive for GLDM. Gold rebounds as weak GDP offsets Hormuz risk – Kitco PM Report
• Positive Sentiment: Weaker-than-expected U.S. jobless claims, softer home sales, and cooling growth/inflation readings reinforced the case for eventual Fed rate cuts, which can improve the appeal of non-yielding gold. Gold price finding new support as U.S. New home sales drop 6.2% in April
• Positive Sentiment: Technical commentary suggests gold may be trying to bottom near its 200-day moving average, with possible bullish reversal signals forming if resistance levels are cleared. Gold (XAU/USD) Price Forecast: Reversal Signals Build Near 200-Day
• Neutral Sentiment: Some analysts argue gold is simply “taking a breath” after a sharp rally, with long-term bullish views still intact despite recent volatility. Gold is just taking a breath and the race is not over – Midas Discovery Fund’s Winmill
• Negative Sentiment: Gold has been pressured by a stronger dollar, rising bond yields, and reduced safe-haven demand after risk assets rallied, which can weigh on GLDM in the near term. Gold tests $4,450 as stocks hit records, oil drops – Kitco PM Report
• Negative Sentiment: UBS cut its 2026 gold price forecast, citing elevated Treasury yields and a stronger U.S. dollar as ongoing headwinds for bullion. UBS lowers 2026 gold price forecast to $5,500/oz: ‘Markets are rediscovering the concept of opportunity cost’

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.