Main Street Research LLC Increases Holdings in SPDR Gold MiniShares Trust $GLDM

Main Street Research LLC raised its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 4.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 466,864 shares of the company’s stock after purchasing an additional 18,377 shares during the period. SPDR Gold MiniShares Trust accounts for about 1.9% of Main Street Research LLC’s holdings, making the stock its 22nd largest holding. Main Street Research LLC owned about 0.16% of SPDR Gold MiniShares Trust worth $35,692,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 26.6% during 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 buying an additional 3,881,643 shares during the period. Empower Advisory Group LLC bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $336,022,000. UBS Group AG lifted its stake in SPDR Gold MiniShares Trust by 8.5% in the third quarter. UBS Group AG now owns 3,315,804 shares of the company’s stock worth $253,493,000 after acquiring an additional 259,066 shares during the period. 3EDGE Asset Management LP lifted its stake in SPDR Gold MiniShares Trust by 22.1% in the third quarter. 3EDGE Asset Management LP now owns 2,700,196 shares of the company’s stock worth $206,430,000 after acquiring an additional 488,576 shares during the period. Finally, State Street Corp boosted its holdings in SPDR Gold MiniShares Trust by 0.3% in the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after acquiring an additional 8,380 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

Shares of SPDR Gold MiniShares Trust stock opened at $99.28 on Friday. The company’s fifty day simple moving average is $97.83 and its two-hundred day simple moving average is $85.85. SPDR Gold MiniShares Trust has a 12-month low of $58.56 and a 12-month high of $109.74.

SPDR Gold MiniShares Trust News Summary

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

• Positive Sentiment: Ongoing Middle East tensions keep intermittent safe‑haven demand for gold, providing underlying support for GLDM when risk spikes. Gold Edges Higher Amid Ongoing Middle East Conflict
• Positive Sentiment: Market commentators note buyers stepping in on dips and central‑bank and geopolitical flows that could support gold prices if volatility increases. Gold Price Analysis – Gold Continues to See Support on Dips
• Neutral Sentiment: Macro reports are mixed (durable goods, JOLTS, consumer sentiment); some readings push inflation expectations higher (which can buoy gold) while others reinforce rate‑tightening bets — this creates near‑term volatility rather than a clear trend. Spot gold at $5,100/oz after preliminary Consumer Sentiment falls
• Neutral Sentiment: Analysts expect more headline‑driven swings in coming weeks (rates, central bank activity, war), meaning GLDM could see quick rebounds and pullbacks depending on the next data/fed headlines. Gold Weekly Price Analysis
• Negative Sentiment: A liquidity crunch and stronger U.S. dollar ahead of the Fed meeting are pressuring gold, which weighs on GLDM since a firmer dollar reduces dollar‑priced commodity demand. Gold under pressure as liquidity crunch boosts dollar ahead of Fed meeting
• Negative Sentiment: Technical studies point to bearish patterns (bear flag, wedge breakdown) and analysts highlight downside support zones; if technical selling continues, GLDM could extend losses. Gold Price Forecast: Bear Flag Signals Potential Downside Targets
• Negative Sentiment: Rising Treasury yields and concerns about renewed inflation from higher oil can make real yields less favorable for gold, capping upside and pressuring GLDM. Gold Falls as Rising Oil Prices Spur Inflation Worries

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.