Truist Financial Corp Grows Stock Position in SPDR Gold MiniShares Trust $GLDM

Truist Financial Corp raised its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 18.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,999 shares of the company’s stock after acquiring an additional 24,046 shares during the quarter. Truist Financial Corp owned 0.05% of SPDR Gold MiniShares Trust worth $11,773,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Empower Advisory Group LLC acquired a new stake in SPDR Gold MiniShares Trust during the 2nd quarter valued at $336,022,000. Sumitomo Mitsui Trust Group Inc. boosted its position in SPDR Gold MiniShares Trust by 26.6% in the 3rd 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 last quarter. 3EDGE Asset Management LP grew its stake in shares of SPDR Gold MiniShares Trust by 43.0% during the second quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock valued at $144,905,000 after acquiring an additional 664,523 shares in the last quarter. CWM LLC increased its position in shares of SPDR Gold MiniShares Trust by 508.4% during the third quarter. CWM LLC now owns 781,531 shares of the company’s stock worth $59,748,000 after acquiring an additional 653,080 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 3,304.3% in the second quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after acquiring an additional 618,690 shares in the last quarter.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Macro and geopolitical support for gold remains intact — Citi says a mix of overlapping geopolitical and economic risks is underpinning allocations to gold, which argues that the current correction could be temporary rather than a regime change for bullion. Citi sees gold supported by risks, with some fading expected later in 2026
• Positive Sentiment: Safe-haven narrative and structural demand remain — the World Gold Council and market commentators continue to point to durable demand drivers (lower rates expectations, central-bank buying, geopolitical risk) that support medium-term bullion prices. Gold Demand to Remain Strong as Investors Reassess Risk, WGC Says
• Neutral Sentiment: Analysts frame the drop as a “healthy correction” after an explosive January rally — several market technicians describe today’s move as profit-taking that could clear overbought conditions and set up further upside later. Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction
• Neutral Sentiment: Technical levels are central to next moves — analysts note key retracement and intra-day entry points; a 50% retracement may be buying opportunity for some traders while others warn it could mark a short-term top. Gold News: Did Volatile, but Orderly 50% Correction Just Set Up Buy or Signal Top?
• Negative Sentiment: Fed-nomination headlines triggered immediate profit-taking — President Trump’s nomination of Kevin Warsh to chair the Fed calmed some market fears about policy extremes, prompting traders to lock gains and reduce gold exposure. That political/news shock was a clear catalyst for today’s pullback. Gold and Silver Prices Plunge from Record Highs—What Investors Need to Know
• Negative Sentiment: Forced selling and rapid deleveraging magnified the drop — silver and some metal futures saw extreme moves and stop-run dynamics that spilled into gold ETFs, increasing GLDM’s intraday volume and downside pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Collapses 18% As Traders Rush For Exits
• Negative Sentiment: Short-term headwinds: stronger dollar/inflation and PPI data risk — markets were also bracing for inflation prints and dollar strength that add near-term pressure to bullion prices and can depress ETF flows. Gold and Silver Slide Sharply as Markets Brace for Trump’s Fed Pick and PPI Data

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM opened at $96.01 on Friday. SPDR Gold MiniShares Trust has a one year low of $55.36 and a one year high of $109.74. The stock has a 50-day moving average price of $88.70 and a 200 day moving average price of $78.90.

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.