US Bancorp DE Buys 172,070 Shares of SPDR Gold MiniShares Trust $GLDM

US Bancorp DE boosted its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 23.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 909,603 shares of the company’s stock after purchasing an additional 172,070 shares during the quarter. US Bancorp DE owned approximately 0.29% of SPDR Gold MiniShares Trust worth $77,653,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Accredited Wealth Management LLC boosted its stake in SPDR Gold MiniShares Trust by 174.4% in 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 period. Networth Advisors LLC bought a new position in SPDR Gold MiniShares Trust in the 4th quarter worth about $33,000. Financial Consulate Inc. bought a new position in SPDR Gold MiniShares Trust in the 3rd quarter worth about $34,000. Evolution Wealth Management Inc. raised its holdings in shares of SPDR Gold MiniShares Trust by 55.1% in the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 174 shares in the last quarter. Finally, Gould Capital LLC raised its holdings 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 acquiring an additional 408 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 1.6%

Shares of GLDM opened at $91.37 on Friday. The stock has a 50-day moving average price of $95.69 and a 200-day moving average price of $90.42. SPDR Gold MiniShares Trust has a 12-month low of $62.70 and a 12-month high of $109.74.

Key Headlines Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Slumping U.S. dollar and bargain/dip buying helped push gold and silver higher this morning, supporting ETF flows into GLDM. Gold, silver rally on slumping USDX, bargain buying
• Positive Sentiment: Weak GDP prints and falling Treasury yields prompted a short-term rebound in gold prices, a direct tailwind for GLDM. Traders cited lower yields as a catalyst for safe-haven buying. Gold News: Gold Price Rebounds as Weak GDP and Lower Yields Support Bounce
• Positive Sentiment: Intraday technical recovery/bounce amplified demand for gold contracts and ETFs after an oversold move, helping GLDM catch a lift. Gold Edges Higher on Likely Technical Recovery
• Neutral Sentiment: Analysts note oil-driven inflation risks could support longer-term gold demand even as the market remains vulnerable to rates—this is a mixed signal for GLDM positioning. Gold resilient but vulnerable as oil prices drive inflation fears – TD’s Melek
• Neutral Sentiment: Market commentary shows gold is rangebound—session gains are present but upside is limited by macro cross-currents; that can produce choppy ETF flows into GLDM. Gold Price Analysis – Gold Bounces as Rates Drop Early on Thursday
• Negative Sentiment: Multiple technical studies warn of a larger bearish setup after wedge breakdowns and silver’s relative weakness, which could cap gains and pressure GLDM if spot gold rolls over. Gold (XAU/USD) Price Forecast: Rebound Faces Larger Bearish Setup
• Negative Sentiment: Fed hawkish signals and higher-for-longer rate expectations have pressured gold in recent sessions; rising yields remain the main downside risk for GLDM going forward. Gold News: Gold Market Pressured by Fed Stance, Stronger Dollar, Fading Gold Breakout Hopes
• Negative Sentiment: Experts point to silver’s struggles as a canary for precious metals; if industrial-metal weakness persists, it could drag sentiment on gold and reduce upside for GLDM. Why This Expert Says Gold’s Comeback, and Silver’s Struggles, Aren’t a Good Sign for Precious Metals

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.