Matrix Trust Co lessened its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 62.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,558 shares of the company’s stock after selling 24,274 shares during the period. Matrix Trust Co’s holdings in SPDR Gold MiniShares Trust were worth $1,243,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. grew its position in shares of SPDR Gold MiniShares Trust by 26.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock valued at $1,412,638,000 after purchasing an additional 3,881,643 shares during the period. Mizuho Bank Ltd. purchased a new position in SPDR Gold MiniShares Trust during the third quarter worth about $137,763,000. Bank of America Corp DE lifted its position in SPDR Gold MiniShares Trust by 28.6% during the third quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock worth $563,230,000 after buying an additional 1,636,398 shares during the period. CWM LLC boosted its stake in SPDR Gold MiniShares Trust by 508.4% in the 3rd quarter. CWM LLC now owns 781,531 shares of the company’s stock worth $59,748,000 after buying an additional 653,080 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its stake in SPDR Gold MiniShares Trust by 3,304.3% in the 2nd quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after buying an additional 618,690 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Performance
GLDM opened at $86.33 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $58.56 and a 12 month high of $109.74. The business has a 50-day moving average of $98.19 and a two-hundred day moving average of $87.27.
Trending Headlines about SPDR Gold MiniShares Trust
- Positive Sentiment: Signs of easing Middle East tensions briefly supported demand for gold, offering tactical buying flows into gold ETFs and bullion. Gold Rises Amid Signs of Easing Middle East Tensions
- Positive Sentiment: Industry advisers say gold ETFs are moving from tactical hedges to permanent portfolio diversifiers, which supports long-term inflows into products like GLDM. Gold ETFs Gain as Advisors Seek New Diversifiers
- Positive Sentiment: Major banks and analysts still publish multi-month/year-end targets materially above current spot (Wells Fargo cited a $6,200/oz target), which underpins long-term conviction even amid short-term weakness. Gold struggles amid geopolitical tensions, but Wells Fargo still sees $6,200/oz by year-end
- Positive Sentiment: Financial industry groups highlight that gold’s role as a store-of-value is increasing despite volatility, supporting structural demand for physical and ETF holdings. Swiss Bankers Association says gold’s importance as a store of value is only increasing despite its recent price volatility
- Neutral Sentiment: Technical analyses show gold is attempting rebounds from key support levels; a sustained recovery would help GLDM but upside remains capped near resistance and moving averages. Gold and Silver Technical Analysis: Can XAUUSD Sustain Rebound From Key Support Levels?
- Neutral Sentiment: Market commentary flags that this downturn may create longer-term buying opportunities for investors with multi-year horizons, tempering panic selling. Gold Has Tarnished Lately. These Analysts See a Breakout Moment.
- Negative Sentiment: Coordinated hawkish tilt from major central banks and a stronger US dollar raised “higher-for-longer” rate expectations, pressuring gold and ETFs like GLDM. The Fed Meeting Changed Everything
- Negative Sentiment: Rising US Treasury yields and a firmer USDX have driven solid losses in gold and silver, a direct headwind to GLDM’s NAV. Solid losses for gold, silver on firmer USDX, rising bond yields
- Negative Sentiment: Oil’s rally and geopolitics have produced volatile flows; several market pieces report sharp intraday gold plunges as safe-haven demand ebbs—negative for short-term ETF performance. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5% As Oil Markets Rally
- Negative Sentiment: Central-bank and retail positioning, plus reported selling (e.g., Turkey tapping reserves), increase near-term supply/demand pressure and weigh on prices and ETF flows. Turkey taps its gold reserves, sells 58.4 tonnes of gold in two weeks
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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