SBI Securities Co. Ltd. boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 6.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 533,574 shares of the company’s stock after purchasing an additional 34,331 shares during the quarter. SPDR Gold MiniShares Trust comprises about 1.2% of SBI Securities Co. Ltd.’s holdings, making the stock its 15th biggest holding. SBI Securities Co. Ltd. owned 0.17% of SPDR Gold MiniShares Trust worth $45,551,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of GLDM. Sumitomo Mitsui Trust Group Inc. grew its position in SPDR Gold MiniShares Trust by 26.6% during the 3rd 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 last quarter. Mizuho Bank Ltd. purchased a new stake in SPDR Gold MiniShares Trust during the 3rd quarter valued at about $137,763,000. Bank of America Corp DE grew its position in SPDR Gold MiniShares Trust by 28.6% during the 3rd quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock valued at $563,230,000 after purchasing an additional 1,636,398 shares during the last quarter. Corient Private Wealth LLC grew its position in SPDR Gold MiniShares Trust by 3,304.3% during the 2nd quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock valued at $41,763,000 after purchasing an additional 618,690 shares during the last quarter. Finally, 3EDGE Asset Management LP grew its position in SPDR Gold MiniShares Trust by 22.1% during the 3rd quarter. 3EDGE Asset Management LP now owns 2,700,196 shares of the company’s stock valued at $206,430,000 after purchasing an additional 488,576 shares during the last quarter.
Key SPDR Gold MiniShares Trust News
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Weaker U.S. labor and activity data eased rate‑hike expectations and prompted renewed safe‑haven buying, supporting gold and GLDM. Gold prices see some renewed buying as U.S job openings falls to 6.87 million
- Positive Sentiment: ISM services PMI softened and other mixed housing data reduced growth momentum, which tends to favor gold over risk assets. Gold at session highs after ISM Services PMI falls to 53.6 in April as industries brace
- Positive Sentiment: Treasury yields pulled back intraday, reducing the opportunity cost of holding gold and helping bullion‑linked ETFs like GLDM. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Treasury Yields Pull Back
- Positive Sentiment: Ongoing central‑bank buying (notably Asia) continues to provide foundational demand for gold, supporting GLDM over the medium term. Gold (XAUUSD) & Silver Price Forecast: Truce Eases Tensions — Will $4500 Hold or Collapse?
- Neutral Sentiment: Analysts and strategists see buying opportunities at lower levels (recommendations to build modest allocations), which may support flows into GLDM but is a longer‑term factor. Gold price is attractive now, so don’t wait to build a 3% to 8% position – NDR’s LaForge
- Neutral Sentiment: Technical commentary points to stabilization/short‑term recovery after recent declines; that supports tactical interest in GLDM but leaves downside risk if key levels fail. Gold Steady Amid Likely Technical Recovery
- Negative Sentiment: A conditional U.S.–Iran truce and pauses in escalatory actions have at times reduced immediate Hormuz disruption fears, which can lessen safe‑haven demand and pressure gold. Gold (XAUUSD) & Silver Price Forecast: Truce Eases Tensions — Will $4500 Hold or Collapse?
- Negative Sentiment: Periods of stronger U.S. data, higher oil prices and firmer yields have recently pressured metals; a sustained rise in yields would be negative for GLDM. Gold and oil have been two of the hottest trades of the past one year. One of them has to break
SPDR Gold MiniShares Trust Price Performance
SPDR Gold MiniShares Trust 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.
See Also
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