SPDR Gold MiniShares Trust $GLDM Shares Purchased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. raised its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 2,280.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 46,367 shares of the company’s stock after purchasing an additional 44,419 shares during the period. Daiwa Securities Group Inc.’s holdings in SPDR Gold MiniShares Trust were worth $3,958,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of GLDM. Mizuho Bank Ltd. acquired a new position in SPDR Gold MiniShares Trust during the third quarter worth approximately $137,763,000. Bank of America Corp DE increased its position in shares of SPDR Gold MiniShares Trust by 28.6% in the third quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock worth $563,230,000 after acquiring an additional 1,636,398 shares in the last quarter. Payden & Rygel acquired a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter worth $110,981,000. Argos Wealth Advisors LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the fourth quarter worth $67,468,000. Finally, Goldman Sachs Group Inc. increased its position in shares of SPDR Gold MiniShares Trust by 1,874.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 789,755 shares of the company’s stock worth $67,421,000 after acquiring an additional 749,763 shares in the last quarter.

SPDR Gold MiniShares Trust News Roundup

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

• Positive Sentiment: Gold is getting some support from geopolitical uncertainty, with investors still seeking safe-haven assets amid renewed Iran-Israel tensions and broader Middle East volatility. Gold holds near $4,330 as oil pares Iran-Israel risk premium – Kitco PM Report
• Positive Sentiment: China added nearly 10 tonnes of gold to its reserves in May, extending a 19-month buying streak that reinforces long-term demand for bullion. China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases
• Neutral Sentiment: Gold is attempting to rebound after the recent sell-off, with traders buying dips while waiting for upcoming U.S. inflation data to clarify the interest-rate outlook. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound After Sell-Off
• Neutral Sentiment: Analysts say inflation could eventually support gold by lowering real rates, but near-term price action remains weak and below key technical levels. Rising inflation may push real rates lower, setting the stage for gold’s next rally – WisdomTree’s Shah
• Negative Sentiment: Stronger U.S. payrolls data has cut rate-cut hopes, boosted yields, and pressured gold lower, which is the main near-term headwind for GLDM. Gold News: Gold Price Tumbles as Blowout Payrolls Crush Rate-Cut Hopes
• Negative Sentiment: Some analysts warn gold could retest the $4,000 area if the recent breakdown continues, reflecting lingering downside risk after the sharp pullback. Gold could test $4,000 support as inflation risks loom, but long-term bullish outlook remains

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $85.63 on Tuesday. SPDR Gold MiniShares Trust has a 52-week low of $64.46 and a 52-week high of $109.74. The firm has a fifty day moving average of $91.52 and a 200-day moving average of $92.14.

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.