KPP Advisory Services LLC lifted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 13.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 42,548 shares of the company’s stock after acquiring an additional 5,146 shares during the period. KPP Advisory Services LLC’s holdings in SPDR Gold MiniShares Trust were worth $3,253,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 26.6% in 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. Empower Advisory Group LLC bought a new position in SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $336,022,000. Asset Management One Co. Ltd. increased its position in SPDR Gold MiniShares Trust by 1.3% in the 2nd quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock valued at $265,720,000 after acquiring an additional 51,172 shares during the period. 3EDGE Asset Management LP raised its stake in SPDR Gold MiniShares Trust by 22.1% during the 3rd quarter. 3EDGE Asset Management LP now owns 2,700,196 shares of the company’s stock valued at $206,430,000 after acquiring an additional 488,576 shares in the last quarter. Finally, State Street Corp boosted its position in SPDR Gold MiniShares Trust by 0.3% during the 2nd quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after acquiring an additional 8,380 shares during the period.
Key SPDR Gold MiniShares Trust News
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Large safe‑haven flows lifted gold to fresh records, underpinning bullion‑linked products like GLDM as investors shift into gold to hedge geopolitical and market risks. Gold races to $5,100 record peak on safe-haven demand
- Positive Sentiment: Large private buyers continue adding physical gold—Tether reported about 27 tons added in Q4—supporting ETF and trust holdings that track bullion. Tether says it bought 27 tons of gold in fourth quarter
- Positive Sentiment: Analysts and central‑bank buying expectations suggest upside may continue toward higher price targets, which supports longer‑term demand for GLDM’s underlying holdings. Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
- Neutral Sentiment: Record prices are reviving mining activity (South Africa and elsewhere), which may eventually boost supply but is unlikely to quickly cap prices; this is a longer‑term factor for metal markets rather than an immediate headwind for GLDM. Gold Boom Spurs Miners to Dig for the Mother Lode
- Neutral Sentiment: Silver’s extreme moves and potential topping discussed by analysts are more relevant to silver‑linked products; mixed industrial demand cues could modestly affect overall precious‑metals sentiment. Silver’s rally may be topping as prices impact industrial demand, gold shrugs off Greenland deal to move above $5,000/oz – Heraeus
- Negative Sentiment: Several analysts and market pieces warn the rally is parabolic and that the Fed meeting and other macro events could trigger sharp pullbacks—raising near‑term volatility risk for GLDM holders. Gold News: XAU Breakout Above $5000 Driven by Geopolitical Chaos & Weak Dollar
- Negative Sentiment: Forecast pieces discuss “buy the dip or stand aside” scenarios—if risk sentiment or dollar strength reverses, gold could see rapid corrections that would pressure GLDM’s short‑term performance. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Demand Lifts Metals – Buy the Dip or Stand Aside?
SPDR Gold MiniShares Trust Price Performance
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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