SPDR Gold MiniShares Trust $GLDM Shares Bought by Compass Wealth Management LLC GA

Compass Wealth Management LLC GA raised its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 9.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 84,168 shares of the company’s stock after buying an additional 7,017 shares during the quarter. SPDR Gold MiniShares Trust accounts for 2.7% of Compass Wealth Management LLC GA’s portfolio, making the stock its 13th largest position. Compass Wealth Management LLC GA’s holdings in SPDR Gold MiniShares Trust were worth $6,917,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in shares of SPDR Gold MiniShares Trust by 288.4% during the first quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock valued at $25,000 after acquiring an additional 199 shares during the period. Evergreen Advisors LLC acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter worth approximately $49,000. Guardian Partners Inc. acquired a new position in SPDR Gold MiniShares Trust in the 3rd quarter worth approximately $44,000. First Bancorp Inc ME acquired a new position in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $51,000. Finally, Basepoint Wealth LLC acquired a new position in SPDR Gold MiniShares Trust in the 1st quarter worth approximately $60,000.

SPDR Gold MiniShares Trust Trading Down 0.6%

NYSEARCA GLDM opened at $77.53 on Wednesday. SPDR Gold MiniShares Trust has a twelve month low of $76.54 and a twelve month high of $109.74. The firm’s 50 day moving average price is $83.72 and its two-hundred day moving average price is $88.89.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Central banks bought gold at their fastest pace since late 2024 in the third quarter, and the World Gold Council said purchases rose 42%. Near-record demand could help support gold prices and GLDM. Central Banks Accelerated Gold Buying in Third Quarter
• Positive Sentiment: Commerzbank views gold’s steep October selloff as overdone, arguing that the factors underpinning higher prices remain in place. That outlook suggests potential support for GLDM if investors return to gold. Gold’s October correction was overdone – Commerzbank
• Neutral Sentiment: Lower real yields have offered some support, but gold’s recovery remains fragile ahead of U.S. employment data. The mixed signals leave GLDM sensitive to changes in rate expectations. Gold: Lower Real Yields Offer Support Before the Employment Test
• Negative Sentiment: Gold pulled back as selling resumed, with rising Treasury yields adding pressure. Technical forecasts also cite bearish signals and downside risk, while inflation concerns and expectations of higher rates are limiting gold’s ability to reclaim key resistance. These headwinds could weigh on GLDM. Gold Pulls Back As Selling Resumes Critical Support Holds Amid Growing Downside Risk

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.