Avid Wealth Partners LLC Has $12.68 Million Stake in SPDR Gold MiniShares Trust $GLDM

Avid Wealth Partners LLC raised its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.0% in the third quarter, Holdings Channel reports. The institutional investor owned 165,878 shares of the company’s stock after buying an additional 9,357 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 6.3% of Avid Wealth Partners LLC’s holdings, making the stock its 7th biggest position. Avid Wealth Partners LLC’s holdings in SPDR Gold MiniShares Trust were worth $12,681,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Deane Retirement Strategies Inc. raised its position in shares of SPDR Gold MiniShares Trust by 126.4% in the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock worth $26,000 after purchasing an additional 187 shares during the last quarter. Mid American Wealth Advisory Group Inc. bought a new stake in SPDR Gold MiniShares Trust during the 2nd quarter valued at about $31,000. Atlantic Union Bankshares Corp purchased a new position in SPDR Gold MiniShares Trust in the second quarter worth about $31,000. Financial Consulate Inc. bought a new position in shares of SPDR Gold MiniShares Trust in the third quarter worth approximately $34,000. Finally, Family Legacy Financial Solutions LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the third quarter valued at approximately $36,000.

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM opened at $97.25 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $56.10 and a twelve month high of $109.74. The firm has a 50 day moving average of $91.37 and a 200 day moving average of $80.75.

SPDR Gold MiniShares Trust News Roundup

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

• Positive Sentiment: Near‑term structural support for gold from a weaker dollar and longer‑term bullish case for precious metals could underpin GLDM if the DXY continues to soften. 2026 Market Outlook: DXY Weakness, Gold’s New Floor, and Bitcoin Consolidation
• Positive Sentiment: State interest and policy (Texas unveiling an official bullion program and gold bills) signal incremental institutional demand for physical gold, a tailwind for GLDM’s underlying asset. Exclusive: Texas unveils official bullion program and gold bills
• Positive Sentiment: High‑profile bullish positioning (e.g., David Einhorn saying he’s betting big on gold expecting multiple Fed cuts) can attract flows into gold ETFs like GLDM if rate‑cut expectations firm. David Einhorn says the Fed will cut ‘substantially more’ than two times. So he’s betting big on gold
• Neutral Sentiment: Many analysts and technical reports show gold hovering around key levels (~$5,000/oz) with mixed near‑term signals — this creates volatility but not a clear directional catalyst for GLDM unless macro data decisively moves the dollar or rates. Gold Price Analysis – Gold Continues to Hover Above Big Level
• Negative Sentiment: Rapid sell‑offs in gold and silver—some moves unexplained—have put pressure on bullion and ETFs; such volatility can trigger outflows from GLDM and widen intraday discounts/premiums. Gold, silver sell off rapidly; reasons are unknown
• Negative Sentiment: Front‑month futures and commodity markets saw a sharp pullback (front‑month gold futures settled down ~2.9% on Thursday), amplifying downside pressure on GLDM’s NAV. Gold Steady; Could Undergo Technical Recovery
• Negative Sentiment: Stronger U.S. jobs data and talk of a prolonged Fed pause/support for rates have lifted the dollar and pressured gold; near‑term economic surprises remain the main downside risk for GLDM. Gold (XAUUSD) Price Forecast: Gold Market Braces for CPI After NFP Shock

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.