Park Avenue Securities Boosts SPDR Gold MiniShares Trust Holdings

The firm increased its stake in the gold-backed ETF by 34.6% in Q4 2025.

Mar. 21, 2026 at 9:48am

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Park Avenue Securities LLC raised its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 34.6% in the 4th quarter, according to a recent regulatory filing. The firm now owns 142,121 shares of the company's stock, valued at $12.13 million.

Why it matters

The increase in Park Avenue Securities' GLDM holdings reflects growing institutional investor interest in gold-backed ETFs as a hedge against market volatility and inflation. GLDM provides investors with a cost-effective way to gain exposure to the gold spot price.

The details

Park Avenue Securities acquired an additional 36,549 shares of SPDR Gold MiniShares Trust during the fourth quarter, bringing its total position to 142,121 shares. Other institutional investors have also been increasing their GLDM holdings, with Farther Finance Advisors LLC, Orion Porfolio Solutions LLC, Detalus Advisors LLC, and Bangor Savings Bank all reporting higher stakes in recent regulatory filings.

  • Park Avenue Securities increased its GLDM holdings in the 4th quarter of 2025.
  • GLDM shares opened at $89.07 on Friday, March 21, 2026.

The players

Park Avenue Securities LLC

An investment management firm that raised its stake in the SPDR Gold MiniShares Trust ETF by 34.6% in Q4 2025.

SPDR Gold MiniShares Trust (GLDM)

An exchange-traded fund that tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults.

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The takeaway

The increase in institutional investment in GLDM reflects growing demand for gold-backed ETFs as a hedge against market volatility and inflation. As investors seek safe-haven assets, GLDM provides a cost-effective way to gain exposure to the gold market.