Transce3nd LLC Reduces Stake in SPDR Gold MiniShares Trust $GLDM

Transce3nd LLC cut its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 96.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,915 shares of the company’s stock after selling 55,655 shares during the quarter. SPDR Gold MiniShares Trust comprises approximately 1.1% of Transce3nd LLC’s investment portfolio, making the stock its 21st biggest position. Transce3nd LLC’s holdings in SPDR Gold MiniShares Trust were worth $146,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC raised its stake 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 purchasing an additional 11,428 shares during the period. Wealthfront Advisers LLC purchased a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at approximately $251,000. Arkadios Wealth Advisors acquired a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter worth approximately $292,000. Savvy Advisors Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at approximately $207,000. Finally, Atria Investments Inc lifted its holdings in SPDR Gold MiniShares Trust by 112.6% in the second quarter. Atria Investments Inc now owns 75,232 shares of the company’s stock valued at $4,929,000 after acquiring an additional 39,853 shares during the last quarter.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold rebounds above $5,200 and records another monthly high, underpinning strong inflows into gold ETFs like GLDM. Gold prices push back above $5,200; sees solid rebound in February to end month with another record
• Positive Sentiment: Sprott’s Paul Wong argues structural monetary shifts (a move toward a new reserve framework/Bretton Woods III) will increase long-term demand for gold — a bullish narrative for gold-backed ETFs. ‘As the world breaks up, you’re going to need a monetary reserve system’ – Sprott’s Paul Wong
• Positive Sentiment: Technical setups and bullish forecasts point to further upside (analysts see breakouts toward $5,300+ and even higher targets), supporting ETF flows. Gold (XAU/USD) Price Forecast: Pennant Signals Potential Upside Breakout
• Positive Sentiment: Major bank and industry calls remain constructive (Bank of America sees a path to $6,000), reinforcing investor conviction in gold exposure via GLDM. Despite consolidating below $5,200, gold still has a path to $6,000, says Bank of America
• Neutral Sentiment: Gold has traded in a tight intra‑day/weekly range at times — momentum is intact but price action can pause while traders await PPI/Fed signals. Gold Price Analysis – Gold Continues to See Tight Range
• Neutral Sentiment: Upcoming U.S. PPI and Fed-related data are near-term catalysts that could amplify or pause the rally depending on inflation and policy signaling. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Gains 6% Amid Rising Demand For Precious Metals
• Negative Sentiment: Short-term profit-taking (notably in silver) and the risk of a hawkish Fed / stronger USD could cap near-term gold gains and pressure GLDM flows. Profit-taking price pressure on gold, silver

SPDR Gold MiniShares Trust Trading Up 1.3%

Shares of SPDR Gold MiniShares Trust stock opened at $104.14 on Friday. The stock has a 50 day moving average of $94.93 and a 200 day moving average of $83.50. SPDR Gold MiniShares Trust has a fifty-two week low of $56.10 and a fifty-two week high of $109.74.

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.