Mirae Asset Global Investments Co. Ltd. Raises Holdings in SPDR Gold MiniShares Trust $GLDM

Mirae Asset Global Investments Co. Ltd. raised its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 12.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 247,700 shares of the company’s stock after acquiring an additional 26,500 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.09% of SPDR Gold MiniShares Trust worth $18,937,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GLDM. Deane Retirement Strategies Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 126.4% during the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock worth $26,000 after purchasing an additional 187 shares during the period. Mid American Wealth Advisory Group Inc. acquired a new position in SPDR Gold MiniShares Trust during the second quarter valued at approximately $31,000. Atlantic Union Bankshares Corp purchased a new stake in SPDR Gold MiniShares Trust during the second quarter worth approximately $31,000. Financial Consulate Inc. purchased a new stake in SPDR Gold MiniShares Trust during the third quarter worth approximately $34,000. Finally, Family Legacy Financial Solutions LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the third quarter worth $36,000.

Key SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Safe‑haven demand from renewed Iran tensions is supporting gold prices and ETF inflows, a tailwind for GLDM. Gold Rises Amid Ongoing Iran Tensions
• Positive Sentiment: Dollar weakness and growing expectations of Fed easing are helping push gold to record levels, which typically benefits gold ETFs like GLDM. Gold’s Glittering Run Pushes Prices Above $5,500
• Positive Sentiment: World Gold Council and industry commentary point to structural demand (central bank buying, portfolio reallocation to gold) — supports sustained ETF flows into GLDM. Gold Demand to Remain Strong as Investors Reassess Risk, WGC Says
• Positive Sentiment: Institutional allocations and ETF momentum are rising — Tether’s plan to allocate a material portion of its portfolio to physical gold and Benzinga’s note on ETFs hitting elite momentum both suggest further demand for GLDM. Tether CEO aims to allocate up to 15% of its portfolio to gold
• Neutral Sentiment: Strong gold price action is lifting mining stocks and dividends in the sector, which may attract capital away from ETFs periodically but also reflects the same bullish backdrop for GLDM. Endeavour confirms bumper dividend
• Negative Sentiment: Technical indicators and several analyst notes warn of a near‑term pullback or consolidation after rapid record highs — this raises short‑term volatility and the risk of outflows from GLDM. Gold (XAU/USD) Price Forecast: Volatility Signals Near-Term Pullback Risk
• Negative Sentiment: Commentary labeling the move as “blow‑off” or calling out profit‑taking episodes highlights the risk of a sharp short‑term correction in gold and therefore in GLDM. This Looks Like 1980: Gold and Silver Enter Blow-Off Madness

SPDR Gold MiniShares Trust Price Performance

Shares of GLDM stock opened at $106.77 on Friday. The company’s fifty day simple moving average is $88.39 and its 200-day simple moving average is $78.60. SPDR Gold MiniShares Trust has a 52 week low of $55.06 and a 52 week high of $109.74.

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.