Valtinson Bruner Financial Planning LLC lowered its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 54.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,564 shares of the company’s stock after selling 7,818 shares during the period. Valtinson Bruner Financial Planning LLC’s holdings in SPDR Gold MiniShares Trust were worth $539,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. grew its stake in SPDR Gold MiniShares Trust by 6.9% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 21,444,153 shares of the company’s stock worth $1,762,280,000 after buying an additional 1,386,845 shares during the last quarter. Resona Asset Management Co. Ltd. increased its position in SPDR Gold MiniShares Trust by 45.2% during the first quarter. Resona Asset Management Co. Ltd. now owns 3,236,300 shares of the company’s stock worth $289,066,000 after buying an additional 1,006,700 shares during the period. WealthNavi Inc. increased its position in SPDR Gold MiniShares Trust by 98.4% during the third quarter. WealthNavi Inc. now owns 3,202,560 shares of the company’s stock worth $263,186,000 after buying an additional 1,588,202 shares during the period. Rakuten Investment Management Inc. acquired a new position in SPDR Gold MiniShares Trust during the third quarter worth approximately $227,567,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in SPDR Gold MiniShares Trust in the second quarter valued at approximately $157,696,000.
Key Stories Impacting SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Gold climbed above $4,100 as falling Treasury yields and a weaker dollar encouraged buying after the U.S. midterm elections. Lower yields and dollar weakness can support GLDM by making gold more attractive to investors. Gold climbs above $4,100 as falling yields and softer labor costs support bullion
- Positive Sentiment: Central banks added 321.2 metric tons of gold in the quarter through September, slightly more than jewelry buyers purchased, pointing to strong institutional demand that may underpin prices. Central banks bought more gold than the world’s jewelry buyers
- Positive Sentiment: The World Bank expects gold to remain above $4,000 through 2028, supporting the longer-term outlook, although it cautions that gains may be less dramatic than in 2026. World Bank sees gold holding above $4,000 through 2028
- Neutral Sentiment: Gold’s rebound has reclaimed key technical levels, but analysts say it still needs to overcome resistance and its broader declining trend to confirm a sustained reversal. Gold bullish reversal challenges downtrend
- Negative Sentiment: Elevated real yields and the upcoming U.S. jobs report could challenge gold’s momentum; a strong labor reading may reinforce expectations for tighter monetary policy and weigh on GLDM. Gold faces $4,200 barrier as real yields challenge the rally
SPDR Gold MiniShares Trust Trading Up 0.8%
Shares of NYSEARCA GLDM opened at $81.06 on Friday. SPDR Gold MiniShares Trust has a twelve month low of $76.54 and a twelve month high of $109.74. The stock has a 50 day moving average of $83.28 and a two-hundred day moving average of $88.78.
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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