Rakuten Securities Inc. lifted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 74.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,924 shares of the company’s stock after purchasing an additional 12,738 shares during the quarter. SPDR Gold MiniShares Trust comprises about 0.8% of Rakuten Securities Inc.’s investment portfolio, making the stock its 27th biggest position. Rakuten Securities Inc.’s holdings in SPDR Gold MiniShares Trust were worth $2,555,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. U.S. Capital Wealth Advisors LLC increased its stake in SPDR Gold MiniShares Trust by 0.8% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock valued at $1,208,000 after purchasing an additional 112 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in SPDR Gold MiniShares Trust by 34.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $43,000 after buying an additional 145 shares during the last quarter. Meredith Wealth Planning grew its holdings in SPDR Gold MiniShares Trust by 3.8% in the 4th quarter. Meredith Wealth Planning now owns 4,197 shares of the company’s stock valued at $358,000 after buying an additional 152 shares during the period. Evolution Wealth Management Inc. grew its holdings in SPDR Gold MiniShares Trust by 55.1% in the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after buying an additional 174 shares during the period. Finally, Crews Bank & Trust increased its stake in shares of SPDR Gold MiniShares Trust by 2.1% during the 4th quarter. Crews Bank & Trust now owns 8,450 shares of the company’s stock valued at $721,000 after acquiring an additional 175 shares during the last quarter.
SPDR Gold MiniShares Trust Stock Down 1.0%
NYSEARCA GLDM opened at $92.89 on Friday. SPDR Gold MiniShares Trust has a 12 month low of $62.70 and a 12 month high of $109.74. The company has a 50-day moving average of $96.39 and a 200-day moving average of $89.98.
Trending Headlines about SPDR Gold MiniShares Trust
- Positive Sentiment: Central banks continue to buy sizeable quantities of bullion, keeping structural demand for gold intact and supporting GLDM over the medium term. Read More.
- Positive Sentiment: Ongoing geopolitical tensions in the Middle East (U.S.–Iran) keep safe‑haven bids available for gold, offering intermittent support to gold ETFs like GLDM when risk spikes. Read More.
- Neutral Sentiment: Reports of China buying and increased Swiss gold exports indicate demand pockets, but timing and allocation to ETFs vs. reserves/tokenized products are uncertain. This is watch‑list info rather than immediate flow confirmation for GLDM. Read More.
- Neutral Sentiment: Tokenized gold and other structural innovations may broaden long‑term demand, though they don’t guarantee short‑term ETF inflows that move GLDM intraday. Read More.
- Negative Sentiment: Stronger U.S. dollar and rising Treasury yields have pressured gold prices by increasing the opportunity cost of holding non‑yielding bullion, one of the main drivers behind GLDM’s decline today. Read More.
- Negative Sentiment: Technical indicators show breakdowns (rising‑wedge failure, key moving averages breached), which can trigger trend‑following selling in gold ETFs and magnify short‑term outflows from GLDM. Read More.
- Negative Sentiment: Higher oil and renewed inflation fears are paradoxically keeping rate‑cut hopes muted; delayed Fed easing tends to cap gold’s rally and has contributed to recent profit‑taking that weighed on gold funds and GLDM. Read More.
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.
Featured Stories
Want to see what other hedge funds are holding GLDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report).
Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.
