Money Concepts Capital Corp purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 79,945 shares of the company’s stock, valued at approximately $6,825,000.
Several other institutional investors and hedge funds also recently made changes to their positions 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. Gould Capital LLC boosted its stake in SPDR Gold MiniShares Trust by 377.8% in the 3rd quarter. Gould Capital LLC now owns 516 shares of the company’s stock worth $39,000 after purchasing an additional 408 shares during the period. EverSource Wealth Advisors LLC boosted its stake in SPDR Gold MiniShares Trust by 34.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $43,000 after purchasing an additional 145 shares during the period. Finally, Bogart Wealth LLC boosted its stake in SPDR Gold MiniShares Trust by 684.3% in the 4th quarter. Bogart Wealth LLC now owns 651 shares of the company’s stock worth $56,000 after purchasing an additional 568 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: Global gold ETFs saw fresh inflows, suggesting investors are still using gold as a hedge despite rising inflation risks. Global gold ETFs see fresh inflows despite rising inflation risks
- Positive Sentiment: Gold prices gained as Iran-related optimism and ongoing macro uncertainty kept demand for the metal elevated, while industry commentary also pointed to strong silver producer output in 2026. Gold prices gain on Iran optimism despite India import issues, silver producers see strong output in 2026 – Heraeus
- Positive Sentiment: Gold firmed in morning trade as oil prices rebounded, keeping inflation concerns in focus and reinforcing the appeal of precious metals as a hedge. Gold firm, silver surges as oil rebound keeps inflation risk in focus – Kitco AM Report
- Positive Sentiment: Spot gold held near record territory after softer housing data and mixed economic signals, which can support expectations that the Fed may not stay aggressively restrictive for long. Spot gold at $4,730/oz after U.S. existing-home sales rise 0.2% in April
- Neutral Sentiment: Gold is also facing push-and-pull forces from rising crude prices, higher yields, and the market’s focus on upcoming CPI data, which could create volatility rather than a clear trend. Gold News: Rising Crude Prices Threaten Gold Breakout Attempt
- Neutral Sentiment: Analysts say a ceasefire has reduced safe-haven buying, leaving gold to test support levels while silver shows more upside momentum; this is more of a trading signal than a direct catalyst for GLDM. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Tests $4,665 Support, Silver Eyes $82 Breakout?
- Negative Sentiment: Gold came under pressure in some sessions as renewed inflation worries and higher crude prices lifted yields, which can weigh on non-yielding assets like gold. Gold Falls on Renewed Inflation Concerns
- Negative Sentiment: India’s push to curb gold buying could soften physical demand, especially if consumer demand weakens further at elevated price levels. Stop Buying Gold, India’s Modi Says. The Price Is Falling.
SPDR Gold MiniShares Trust Stock Performance
SPDR Gold MiniShares Trust Company 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.
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