BCM Advisors LLC Acquires 10,939 Shares of SPDR Gold MiniShares Trust $GLDM

BCM Advisors LLC raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 139.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 18,793 shares of the company’s stock after acquiring an additional 10,939 shares during the period. BCM Advisors LLC’s holdings in SPDR Gold MiniShares Trust were worth $1,680,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GLDM. China Universal Asset Management Co. Ltd. lifted its position in SPDR Gold MiniShares Trust by 9.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 206,200 shares of the company’s stock valued at $17,603,000 after purchasing an additional 17,000 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 17.4% in the 4th quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock worth $54,270,000 after buying an additional 94,239 shares during the last quarter. AE Wealth Management LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 37.0% in the 4th quarter. AE Wealth Management LLC now owns 330,650 shares of the company’s stock worth $28,228,000 after buying an additional 89,313 shares during the last quarter. Financial Planning Hawaii Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at $2,816,000. Finally, Forbes Financial Planning Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at $4,302,000.

SPDR Gold MiniShares Trust Stock Down 1.9%

NYSEARCA GLDM opened at $78.72 on Friday. SPDR Gold MiniShares Trust has a 52-week low of $64.71 and a 52-week high of $109.74. The company has a fifty day moving average of $85.16 and a 200-day moving average of $91.59.

More SPDR Gold MiniShares Trust News

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

• Negative Sentiment: Gold fell as resilient U.S. data, rising Treasury yields, and a firmer dollar outweighed support from softer inflation reports and geopolitical tensions. Gold breaks $4,000 as yields rise, Fed-rate relief fades – Kitco PM Report
• Negative Sentiment: Technical analysts warned that gold’s rejection from moving average resistance could lead to a deeper pullback if support levels fail. Gold (XAU/USD) Price Forecast: Will Gold Break Below Major Support Levels?
• Negative Sentiment: Better-than-expected U.S. labor and manufacturing data added to pressure on gold by reinforcing the case for higher yields and less immediate Fed support. Spot gold trades near session lows after U.S. weekly jobless claims drop to 208k
• Neutral Sentiment: Some strategists said the pullback does not necessarily end the broader gold bull market, suggesting the decline may be a consolidation rather than a trend reversal. Gold’s Pullback Doesn’t Mean the Bull Market Is Over
• Neutral Sentiment: Fidelity’s Samson said gold could return to an overweight position in portfolios later, reinforcing longer-term support even as near-term prices weaken. ‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027

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.