Quadrature Capital Ltd trimmed its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 45.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 329,436 shares of the company’s stock after selling 271,985 shares during the quarter. Quadrature Capital Ltd owned about 0.11% of SPDR Gold MiniShares Trust worth $25,182,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the business. Deane Retirement Strategies Inc. raised its holdings 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 valued at $26,000 after acquiring an additional 187 shares in the last quarter. Accredited Wealth Management LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 174.4% during the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock worth $26,000 after purchasing an additional 218 shares in the last quarter. Financial Consulate Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth about $34,000. Family Legacy Financial Solutions LLC bought a new position in shares of SPDR Gold MiniShares Trust in the third quarter worth approximately $36,000. Finally, Evolution Wealth Management Inc. increased its position in shares of SPDR Gold MiniShares Trust by 55.1% in the third quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after purchasing an additional 174 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Down 1.9%
Shares of GLDM opened at $100.60 on Friday. SPDR Gold MiniShares Trust has a 1-year low of $58.33 and a 1-year high of $109.74. The firm’s 50 day simple moving average is $97.56 and its 200 day simple moving average is $85.62.
SPDR Gold MiniShares Trust News Roundup
- Positive Sentiment: Geopolitical risk (Middle East / Iran tensions) continues to underpin safe‑haven demand for gold, keeping a floor under prices despite other headwinds. Gold & Silver Price Forecast: Iran Tensions Fuel Volatility
- Positive Sentiment: Rising interest in digital bullion — a large Tether Gold position (Antalpha) and profit-taking on that trade highlight continued demand for gold exposure outside traditional ETFs, which can support overall bullion interest. Antalpha moves to take $100 million profit on massive Tether Gold bet
- Positive Sentiment: World Gold Council notes structural resilience in gold supply/price dynamics, a medium‑term bullish argument that supports allocations to gold-backed products like GLDM. Gold supply and price are extremely resistant to depletion
- Neutral Sentiment: Short‑term trading commentary and intraday levels show mixed price action as traders weigh macro data and headlines; these technical updates guide active traders but are not decisive on direction alone. Gold Market Analysis for March 12
- Neutral Sentiment: Reports of mild price gains and pauses suggest episodic dip buying amid risk‑off episodes; these intraday patterns can cause short-lived volatility in GLDM. Mild price gains in gold as market pauses
- Negative Sentiment: Technical analysis points to bearish patterns (bear flag / rising wedge breakdown and bearish flag formations) that analysts say could trigger further downside in spot gold — a direct negative for GLDM. Bear Flag Signals Further Weakness
- Negative Sentiment: Stronger US dollar and rising Treasury yields — driven by renewed hawkish Fed bets and higher oil (inflation expectations) — are weighing on gold prices and are a key reason GLDM is under pressure today. Gold Retreats As Dollar Tests New Highs
- Negative Sentiment: Newsflow citing rising oil pushing inflation expectations higher has increased yields and dented bullion’s appeal as a non‑yielding asset, contributing to selling pressure on gold. Gold Falls as Rising Oil Prices Spur Inflation Worries
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.
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