Foundations Investment Advisors LLC Purchases 5,520 Shares of SPDR Gold MiniShares Trust $GLDM

Foundations Investment Advisors LLC grew its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 9.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 65,110 shares of the company’s stock after purchasing an additional 5,520 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $4,978,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. Deane Retirement Strategies Inc. lifted its position in 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. Mid American Wealth Advisory Group Inc. purchased a new position in shares of SPDR Gold MiniShares Trust in the second quarter worth $31,000. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at $31,000. Financial Consulate Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the third quarter valued at $34,000. Finally, Family Legacy Financial Solutions LLC bought a new stake in SPDR Gold MiniShares Trust in the 3rd quarter worth about $36,000.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA:GLDM opened at $106.77 on Friday. The business has a 50-day simple moving average of $88.39 and a two-hundred day simple moving average of $78.60. SPDR Gold MiniShares Trust has a fifty-two week low of $55.06 and a fifty-two week high of $109.74.

SPDR Gold MiniShares Trust News Summary

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

• Positive Sentiment: Safe‑haven demand from renewed Iran tensions is supporting gold prices and ETF inflows, a tailwind for GLDM. Gold Rises Amid Ongoing Iran Tensions
• Positive Sentiment: Dollar weakness and growing expectations of Fed easing are helping push gold to record levels, which typically benefits gold ETFs like GLDM. Gold’s Glittering Run Pushes Prices Above $5,500
• Positive Sentiment: World Gold Council and industry commentary point to structural demand (central bank buying, portfolio reallocation to gold) — supports sustained ETF flows into GLDM. Gold Demand to Remain Strong as Investors Reassess Risk, WGC Says
• Positive Sentiment: Institutional allocations and ETF momentum are rising — Tether’s plan to allocate a material portion of its portfolio to physical gold and Benzinga’s note on ETFs hitting elite momentum both suggest further demand for GLDM. Tether CEO aims to allocate up to 15% of its portfolio to gold
• Neutral Sentiment: Strong gold price action is lifting mining stocks and dividends in the sector, which may attract capital away from ETFs periodically but also reflects the same bullish backdrop for GLDM. Endeavour confirms bumper dividend
• Negative Sentiment: Technical indicators and several analyst notes warn of a near‑term pullback or consolidation after rapid record highs — this raises short‑term volatility and the risk of outflows from GLDM. Gold (XAU/USD) Price Forecast: Volatility Signals Near-Term Pullback Risk
• Negative Sentiment: Commentary labeling the move as “blow‑off” or calling out profit‑taking episodes highlights the risk of a sharp short‑term correction in gold and therefore in GLDM. This Looks Like 1980: Gold and Silver Enter Blow-Off Madness

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.