Cassaday & Co Wealth Management LLC Sells 30,498 Shares of SPDR Gold MiniShares Trust $GLDM

Cassaday & Co Wealth Management LLC trimmed its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 0.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,377,267 shares of the company’s stock after selling 30,498 shares during the quarter. SPDR Gold MiniShares Trust makes up 6.1% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its 4th largest holding. Cassaday & Co Wealth Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $288,317,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of GLDM. Accredited Wealth Management LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 174.4% in the 3rd quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock worth $26,000 after acquiring an additional 218 shares during the last quarter. Networth Advisors LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the 4th quarter worth $33,000. Evolution Wealth Management Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 55.1% in the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock worth $37,000 after acquiring an additional 174 shares during the last quarter. Gould Capital LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 377.8% in the 3rd quarter. Gould Capital LLC now owns 516 shares of the company’s stock worth $39,000 after acquiring an additional 408 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of SPDR Gold MiniShares Trust by 34.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $43,000 after acquiring an additional 145 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA GLDM opened at $93.05 on Friday. The stock’s fifty day simple moving average is $95.08 and its 200 day simple moving average is $90.71. SPDR Gold MiniShares Trust has a 52-week low of $62.70 and a 52-week high of $109.74.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Geopolitical risk from renewed U.S.–Iran tensions is boosting safe‑haven demand for gold, supporting GLDM flows. Gold Rises on Signs of Ongoing U.S.-Iran Tensions
• Positive Sentiment: Persistent hopes for a U.S.–Iran ceasefire and weaker oil have pressured the dollar and lifted metals, supporting gold’s rally and GLDM demand. Gold, silver rebound as U.S. dollar weakness supports fresh rally
• Positive Sentiment: Lower U.S. Treasury yields continue to underpin non‑yielding gold, a tailwind for GLDM if yields stay subdued. Gold Prices Steady, Supported by Lower U.S. Treasury Yields
• Positive Sentiment: Wall Street strategists remain bullish on gold (Morgan Stanley projecting materially higher targets), which can attract investor allocations to gold ETFs like GLDM. Morgan Stanley sees gold prices climbing to $5,200
• Neutral Sentiment: Technical indicators are mixed: gold has seen fresh buying and reclaimed near‑term support, but the 50‑day MA is a key level traders are watching that could cap gains or trigger follow‑through. Gold Price Analysis – Gold Continues to See Buying
• Neutral Sentiment: Economic data (weekly jobless claims, upcoming payrolls) is influencing intraday moves; weaker labor prints tend to help gold, stronger prints the opposite. Spot gold near session high after U.S. weekly jobless claims rise
• Negative Sentiment: Gold rallies have faded at times when oil rebounds and U.S. Treasury yields rise — a scenario that would weigh on GLDM if risk appetite and yields pick up. Gold Rally Fades as Oil Rebounds and Treasury Yields Turn Higher

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.