SPDR Gold MiniShares Trust $GLDM Shares Sold by KWB Wealth

KWB Wealth lowered its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 15.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,881 shares of the company’s stock after selling 8,867 shares during the period. KWB Wealth’s holdings in SPDR Gold MiniShares Trust were worth $4,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Public Employees Retirement System of Ohio purchased a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at approximately $157,696,000. Regents of The University of California purchased a new position in shares of SPDR Gold MiniShares Trust during the 1st quarter worth approximately $133,351,000. Resona Asset Management Co. Ltd. boosted its position in shares of SPDR Gold MiniShares Trust by 45.2% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 3,236,300 shares of the company’s stock worth $289,066,000 after purchasing an additional 1,006,700 shares during the period. Diversify Wealth Management LLC increased its holdings in SPDR Gold MiniShares Trust by 12,720.7% in the 1st quarter. Diversify Wealth Management LLC now owns 720,395 shares of the company’s stock valued at $64,814,000 after purchasing an additional 714,776 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in SPDR Gold MiniShares Trust by 64.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,188,672 shares of the company’s stock valued at $97,685,000 after purchasing an additional 465,716 shares during the last quarter.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Gold rebounded as Treasury yields eased and the dollar weakened, while reduced expectations for an October Federal Reserve rate hike helped revive demand for precious metals. Gold also held above important support near $4,000–$4,103, suggesting buyers remain active. Wall Street undecided on gold’s near-term trajectory
• Positive Sentiment: China’s central bank added 23 tonnes of gold to its reserves, while Chinese gold ETFs and holiday jewelry, bar and coin demand strengthened. These flows offer a fundamental underpinning for gold and GLDM. China buys the gold dip
• Neutral Sentiment: Technical indicators show gold holding key support for a third consecutive week, but bulls must clear resistance near $4,201–$4,226 to confirm a sustained upside breakout. Upcoming U.S. housing, employment, purchasing-managers’ index and consumer-sentiment reports could determine the next move. Gold price forecast: Bulls face crucial resistance
• Negative Sentiment: Hot U.S. inflation data—including a 6.3% annualized rise in producer prices—has kept December Fed tightening risks alive. Higher-for-longer rates and yields increase the opportunity cost of holding non-yielding gold, while recent failures near $4,200 have limited the rally. Gold holds near $4,170 as inflation keeps December Fed tightening in play

SPDR Gold MiniShares Trust Stock Down 0.2%

NYSEARCA GLDM traded down $0.13 on Friday, reaching $82.46. The stock had a trading volume of 4,645,464 shares, compared to its average volume of 6,749,403. SPDR Gold MiniShares Trust has a 12-month low of $77.50 and a 12-month high of $109.74. The stock has a fifty day moving average price of $85.73 and a two-hundred day moving average price of $86.40.

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.