Wedmont Private Capital Takes Position in SPDR Gold MiniShares Trust $GLDM

Wedmont Private Capital bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,915 shares of the company’s stock, valued at approximately $782,000.

Several other hedge funds have also added to or reduced their stakes in GLDM. Jane Street Group LLC bought a new stake in SPDR Gold MiniShares Trust during the 1st quarter worth about $395,321,000. Empower Advisory Group LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $336,022,000. Asset Management One Co. Ltd. raised its stake in shares of SPDR Gold MiniShares Trust by 1.3% during the second quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock worth $265,720,000 after buying an additional 51,172 shares during the last quarter. State Street Corp lifted its holdings in SPDR Gold MiniShares Trust by 0.3% in the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after buying an additional 8,380 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in SPDR Gold MiniShares Trust by 10.4% in the second quarter. Ameriprise Financial Inc. now owns 2,429,541 shares of the company’s stock valued at $159,121,000 after buying an additional 229,479 shares during the period.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Fed‑cut expectations and weaker inflation prints are boosting gold’s appeal, creating upside potential for gold ETFs like GLDM as traders price a Fed easing that favors non‑yielding bullion. Gold (XAUUSD) Price Forecast: Fed Cut Expectations Put a Fresh Gold Breakout on the Table
• Positive Sentiment: Spot gold spiked after a drop in consumer sentiment and easing inflation expectations, a near‑term price impulse that supports GLDM flows and NAV. Spot gold spikes to $4,343/oz after final Consumer Sentiment falls to 52.9, inflation expectations ease
• Positive Sentiment: ETF demand themes are gaining attention from analysts recommending gold ETFs to ride the rally — a bullish signal for GLDM as investor flows into physical‑backed funds may continue. Gold Gearing Up for Another Solid Run? ETFs to Ride the Trend
• Neutral Sentiment: Gold is trading in a tight, low‑volatility range over several sessions — consolidation that could precede a breakout but also limits immediate directional conviction for ETF holders. Gold (XAU/USD) Price Forecast: Six-Day Tight Range – Low Volatility Consolidation Persists
• Neutral Sentiment: Silver’s strong technical performance and talk that silver could outgain gold may pull some speculative flow away from gold ETFs, creating cross‑metal nuance for GLDM’s relative performance. Silver could outgain gold again in 2026, but may face some early headwinds
• Neutral Sentiment: Political moves in Europe — an Italian panel asserting a “people’s” claim on central‑bank gold — add headline risk and narrative interest in gold reserves but are unlikely to directly change GLDM’s underlying holdings. Italy parliamentary panel approves ‘people’s’ claim on central bank’s gold
• Negative Sentiment: Profit‑taking and failure to sustain weekly breakouts have caused short‑term pullbacks and choppy sessions, which can increase ETF outflows and cap upside for GLDM until a decisive breakout occurs. Gold (XAU/USD) Price Forecast: Lacks Conviction Near Record – 10-Day Support Test Possible
• Negative Sentiment: Session‑level pullbacks and quiet trading days show hesitancy at elevated levels — investors may see higher volatility and short‑term NAV drawdowns in GLDM if momentum stalls. Gold price down a bit, silver solidly up in quieter trading

SPDR Gold MiniShares Trust Stock Up 0.1%

GLDM opened at $85.90 on Friday. The company has a fifty day moving average price of $82.10 and a two-hundred day moving average price of $73.46. SPDR Gold MiniShares Trust has a 52 week low of $51.43 and a 52 week high of $86.75.

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.