KPP Advisory Services LLC Acquires 51,840 Shares of SPDR Gold MiniShares Trust $GLDM

KPP Advisory Services LLC lifted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 121.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,388 shares of the company’s stock after purchasing an additional 51,840 shares during the period. SPDR Gold MiniShares Trust comprises approximately 1.2% of KPP Advisory Services LLC’s investment portfolio, making the stock its 18th largest holding. KPP Advisory Services LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,058,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GLDM. AQR Capital Management LLC raised its stake in shares of SPDR Gold MiniShares Trust by 90.6% during the 1st quarter. AQR Capital Management LLC now owns 24,046 shares of the company’s stock worth $1,488,000 after purchasing an additional 11,428 shares during the period. Walleye Capital LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth $210,000. Jump Financial LLC raised its stake in SPDR Gold MiniShares Trust by 1.3% in the 2nd quarter. Jump Financial LLC now owns 42,431 shares of the company’s stock valued at $2,780,000 after acquiring an additional 530 shares during the period. State Street Corp raised its stake in SPDR Gold MiniShares Trust by 0.3% in the 2nd quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after acquiring an additional 8,380 shares during the period. Finally, NewEdge Advisors LLC raised its stake in SPDR Gold MiniShares Trust by 82.1% in the 2nd quarter. NewEdge Advisors LLC now owns 152,610 shares of the company’s stock valued at $9,999,000 after acquiring an additional 68,786 shares during the period.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Weaker US economic data has provided episodic safe‑haven demand for gold, lifting prices intraday and supporting GLDM in the near term. Article Title
• Positive Sentiment: Large bank forecasts and central‑bank buying underpin a longer‑term bullish case for gold, which would be positive for GLDM if those themes persist. (Bank of America’s lofty 12‑month gold call and reports of continued central‑bank purchases.) Article Title
• Neutral Sentiment: Gold is consolidating and choppy as traders weigh a mix of data, yields and geopolitical headlines — this suggests limited directional impulse for GLDM until a clear macro catalyst emerges. Article Title
• Negative Sentiment: Higher Treasury yields and the Fed’s reluctance to ease policy are capping gold’s upside; rising real yields are a clear headwind for GLDM. Article Title
• Negative Sentiment: Technical analysis shows a persistent bearish structure and potential wedge breakdowns pointing to deeper downside targets for gold — technical pressure can translate into ETF weakness absent offsetting macro support. Article Title
• Negative Sentiment: Rising oil and energy‑driven inflation can keep rate‑cut expectations delayed, which is bearish for gold in the near term and therefore for GLDM. Article Title

SPDR Gold MiniShares Trust Stock Performance

Shares of SPDR Gold MiniShares Trust stock opened at $91.21 on Monday. SPDR Gold MiniShares Trust has a 52-week low of $62.70 and a 52-week high of $109.74. The stock’s 50-day simple moving average is $95.69 and its 200 day simple moving average is $90.54.

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.