Gould Asset Management LLC CA Sells 79,939 Shares of SPDR Gold MiniShares Trust $GLDM

Gould Asset Management LLC CA trimmed its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 46.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,390 shares of the company’s stock after selling 79,939 shares during the period. SPDR Gold MiniShares Trust accounts for approximately 1.5% of Gould Asset Management LLC CA’s holdings, making the stock its 16th largest position. Gould Asset Management LLC CA’s holdings in SPDR Gold MiniShares Trust were worth $8,378,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Silver Oak Securities Incorporated grew its holdings in SPDR Gold MiniShares Trust by 0.7% during the first quarter. Silver Oak Securities Incorporated now owns 14,763 shares of the company’s stock valued at $1,368,000 after purchasing an additional 108 shares during the period. Verus Capital Partners LLC increased its position in SPDR Gold MiniShares Trust by 1.1% in the fourth quarter. Verus Capital Partners LLC now owns 10,046 shares of the company’s stock worth $858,000 after buying an additional 111 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in shares of SPDR Gold MiniShares Trust by 0.8% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock worth $1,208,000 after buying an additional 112 shares during the period. Absolute Capital Management LLC raised its stake in shares of SPDR Gold MiniShares Trust by 2.3% in the fourth quarter. Absolute Capital Management LLC now owns 4,956 shares of the company’s stock worth $423,000 after buying an additional 112 shares during the period. Finally, One Charles Private Wealth Services LLC lifted its position in shares of SPDR Gold MiniShares Trust by 0.5% during the 4th quarter. One Charles Private Wealth Services LLC now owns 25,976 shares of the company’s stock valued at $2,218,000 after buying an additional 120 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Down 1.9%

Shares of NYSEARCA:GLDM opened at $78.72 on Friday. The stock has a 50 day moving average of $85.16 and a 200 day moving average of $91.59. SPDR Gold MiniShares Trust has a 12-month low of $64.71 and a 12-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:

• Negative Sentiment: Gold fell as resilient U.S. data, rising Treasury yields, and a firmer dollar outweighed support from softer inflation reports and geopolitical tensions. Gold breaks $4,000 as yields rise, Fed-rate relief fades – Kitco PM Report
• Negative Sentiment: Technical analysts warned that gold’s rejection from moving average resistance could lead to a deeper pullback if support levels fail. Gold (XAU/USD) Price Forecast: Will Gold Break Below Major Support Levels?
• Negative Sentiment: Better-than-expected U.S. labor and manufacturing data added to pressure on gold by reinforcing the case for higher yields and less immediate Fed support. Spot gold trades near session lows after U.S. weekly jobless claims drop to 208k
• Neutral Sentiment: Some strategists said the pullback does not necessarily end the broader gold bull market, suggesting the decline may be a consolidation rather than a trend reversal. Gold’s Pullback Doesn’t Mean the Bull Market Is Over
• Neutral Sentiment: Fidelity’s Samson said gold could return to an overweight position in portfolios later, reinforcing longer-term support even as near-term prices weaken. ‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027

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.