PFG Advisors raised its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 7.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,105 shares of the company’s stock after purchasing an additional 6,985 shares during the period. PFG Advisors’ holdings in SPDR Gold MiniShares Trust were worth $8,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. raised its position in 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 purchasing an additional 3,881,643 shares during the period. Bank of America Corp DE raised 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 valued at $563,230,000 after purchasing an additional 1,636,398 shares during the period. UBS Group AG grew its stake in shares of SPDR Gold MiniShares Trust by 8.5% during the third quarter. UBS Group AG now owns 3,315,804 shares of the company’s stock valued at $253,493,000 after buying an additional 259,066 shares during the last quarter. 3EDGE Asset Management LP grew its stake in shares of SPDR Gold MiniShares Trust by 22.1% during the third quarter. 3EDGE Asset Management LP now owns 2,700,196 shares of the company’s stock valued at $206,430,000 after buying an additional 488,576 shares during the last quarter. Finally, State Street Corp grew its stake in shares of SPDR Gold MiniShares Trust by 0.3% during the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock valued at $176,594,000 after buying an additional 8,380 shares during the last quarter.
Key Headlines Impacting SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Geopolitical flare-ups can support gold as a safe haven — recent U.S. actions around the Strait of Hormuz and the seizure of an Iranian-linked vessel have reignited inflation and risk-premium concerns that can push investors toward gold if tensions escalate. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Analysts and industry reports still point to gold’s safe-haven role and higher precious-metals prices supporting mining budgets — a structural bullish sign for long-term gold demand that underpins GLDM’s case. Gold’s safe haven status is intact
- Neutral Sentiment: Major banks see mixed horizons — Standard Chartered flags near-term risks for gold but retains longer-term upside; this is a reminder that short-term volatility may persist even if the medium-term thesis remains constructive. Gold price holds near $4,800
- Neutral Sentiment: Supply-side developments (e.g., Russia valuing and preparing to auction a large seized stake in gold producer UGC) are industry-relevant but are unlikely to move GLDM intraday; they could influence longer-run supply sentiment. Russia values seized stake in gold producer UGC
- Negative Sentiment: Stronger U.S. dollar and higher Treasury yields are weighing on gold — multiple market reports note XAUUSD has stalled below key moving averages and is under pressure as the dollar and yields rise, which reduces bullion’s appeal and weighs on GLDM. Gold (XAUUSD) Price Forecast
- Negative Sentiment: Technical consolidation and profit-taking ahead of a cease-fire deadline/negotiation outcomes is keeping bullion range-bound — traders are reducing exposure into headline risk windows, pressuring GLDM. Gold Consolidates as End of Cease-Fire Looms
- Negative Sentiment: Broad market commentary points to renewed inflation concerns and oil-driven volatility pushing real rates and the dollar higher — a macro combo that typically hurts gold in the near term. Gold, Silver Decline Amid Renewed Inflation Concerns
SPDR Gold MiniShares Trust Stock Down 0.8%
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.
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