SPDR Gold MiniShares Trust $GLDM Shares Bought by Confluence Investment Management LLC

Confluence Investment Management LLC grew its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 57.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 522,617 shares of the company’s stock after purchasing an additional 189,643 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $41,506,000 as of its most recent SEC filing.

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

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $80.14 on Tuesday. SPDR Gold MiniShares Trust has a twelve month low of $65.64 and a twelve month high of $109.74. The company’s 50-day moving average price is $82.59 and its 200-day moving average price is $90.96.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: A sharp decline in crude oil prices is easing inflation pressure and pulling Treasury yields lower, providing support for gold despite reduced safe-haven demand as U.S.-Iran diplomacy progresses. These conditions are supportive for GLDM. Gold steadies as oil slump cools inflation pressure, equities rally – Kitco PM Report
• Positive Sentiment: abrdn strategist Robert Minter said gold’s ability to hold support near $4,000 indicates that its longer-term structural bull market remains intact, framing the recent correction as a potential entry point for investors. Gold’s $4,000 floor offers compelling value
• Positive Sentiment: Gold has received additional support from a technical rebound, Iran-related diplomacy and falling oil prices, although a sustained move higher depends on clearing key resistance levels. Gold Rises on Technical Rebound
• Neutral Sentiment: Investors are waiting for July nonfarm payrolls after the Federal Reserve held interest rates steady. The report could shift expectations for future policy, Treasury yields and the dollar—key near-term drivers of GLDM. Gold and Silver Forecast: NFP in Focus
• Neutral Sentiment: Kalshi’s expansion of short-term prediction markets to gold and silver may increase trading attention and liquidity, but it does not directly change GLDM’s underlying gold holdings. Kalshi Expands 15-Minute Markets Beyond Crypto
• Negative Sentiment: Gold remains stuck near $4,000 as stronger-than-expected manufacturing data could give the Fed more room to keep inflation-focused policy. A rebounding dollar has also weighed on the metal, while analysts warn that higher yields and a strong payrolls report could revive rate-hike expectations. Gold prices remain stuck near $4,000
• Negative Sentiment: A potential U.S. gold revaluation would primarily benefit Washington through higher reported reserves, rather than directly increasing the value of privately held gold or GLDM shares. Gold revaluation would pay Washington, not private holders

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.