Citizens Financial Group Inc. RI Takes $2.75 Million Position in SPDR Gold MiniShares Trust $GLDM

Citizens Financial Group Inc. RI acquired a new position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 32,207 shares of the company’s stock, valued at approximately $2,750,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. RCW Management LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter worth approximately $2,356,000. Laurel Wealth Advisors LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter worth approximately $162,000. Richardson Capital Management LLC acquired a new position in SPDR Gold MiniShares Trust in the fourth quarter valued at approximately $248,000. US Bancorp DE boosted its stake in SPDR Gold MiniShares Trust by 23.3% in the fourth quarter. US Bancorp DE now owns 909,603 shares of the company’s stock valued at $77,653,000 after acquiring an additional 172,070 shares during the last quarter. Finally, Financial Life Advisors boosted its stake in SPDR Gold MiniShares Trust by 0.5% in the fourth quarter. Financial Life Advisors now owns 76,657 shares of the company’s stock valued at $6,544,000 after acquiring an additional 363 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: Weaker US economic data has provided episodic safe‑haven demand for gold, lifting prices intraday and supporting GLDM in the near term. Article Title
• Positive Sentiment: Large bank forecasts and central‑bank buying underpin a longer‑term bullish case for gold, which would be positive for GLDM if those themes persist. (Bank of America’s lofty 12‑month gold call and reports of continued central‑bank purchases.) Article Title
• Neutral Sentiment: Gold is consolidating and choppy as traders weigh a mix of data, yields and geopolitical headlines — this suggests limited directional impulse for GLDM until a clear macro catalyst emerges. Article Title
• Negative Sentiment: Higher Treasury yields and the Fed’s reluctance to ease policy are capping gold’s upside; rising real yields are a clear headwind for GLDM. Article Title
• Negative Sentiment: Technical analysis shows a persistent bearish structure and potential wedge breakdowns pointing to deeper downside targets for gold — technical pressure can translate into ETF weakness absent offsetting macro support. Article Title
• Negative Sentiment: Rising oil and energy‑driven inflation can keep rate‑cut expectations delayed, which is bearish for gold in the near term and therefore for GLDM. Article Title

SPDR Gold MiniShares Trust Stock Down 0.2%

GLDM opened at $91.21 on Friday. The company has a fifty day moving average price of $95.69 and a two-hundred day moving average price of $90.48. SPDR Gold MiniShares Trust has a 52 week low of $62.70 and a 52 week high of $109.74.

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.