SPDR Gold MiniShares Trust $GLDM Shares Newly Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 2,753,716 shares of the company’s stock, valued at approximately $227,567,000. SPDR Gold MiniShares Trust comprises approximately 0.6% of Rakuten Investment Management Inc.’s holdings, making the stock its 18th biggest position. Rakuten Investment Management Inc. owned approximately 0.72% of SPDR Gold MiniShares Trust as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Traynor Capital Management Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 6.0% during the 3rd quarter. Traynor Capital Management Inc. now owns 2,841 shares of the company’s stock worth $233,000 after purchasing an additional 161 shares during the last quarter. Beacon Financial Advisory LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 3.6% in the 2nd quarter. Beacon Financial Advisory LLC now owns 4,658 shares of the company’s stock valued at $370,000 after purchasing an additional 163 shares during the last quarter. Cassilly Financial Group LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 2.7% in the 3rd quarter. Cassilly Financial Group LLC now owns 6,782 shares of the company’s stock valued at $557,000 after purchasing an additional 180 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of SPDR Gold MiniShares Trust by 288.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock valued at $25,000 after purchasing an additional 199 shares during the last quarter. Finally, Carnegie Investment Counsel boosted its holdings in SPDR Gold MiniShares Trust by 6.0% in the first quarter. Carnegie Investment Counsel now owns 3,550 shares of the company’s stock worth $329,000 after purchasing an additional 200 shares in the last quarter.

SPDR Gold MiniShares Trust Price Performance

SPDR Gold MiniShares Trust stock opened at $77.53 on Wednesday. SPDR Gold MiniShares Trust has a one year low of $76.54 and a one year high of $109.74. The company’s fifty day moving average price is $83.72 and its two-hundred day moving average price is $88.89.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Central banks bought gold at their fastest pace since late 2024 in the third quarter, and the World Gold Council said purchases rose 42%. Near-record demand could help support gold prices and GLDM. Central Banks Accelerated Gold Buying in Third Quarter
• Positive Sentiment: Commerzbank views gold’s steep October selloff as overdone, arguing that the factors underpinning higher prices remain in place. That outlook suggests potential support for GLDM if investors return to gold. Gold’s October correction was overdone – Commerzbank
• Neutral Sentiment: Lower real yields have offered some support, but gold’s recovery remains fragile ahead of U.S. employment data. The mixed signals leave GLDM sensitive to changes in rate expectations. Gold: Lower Real Yields Offer Support Before the Employment Test
• Negative Sentiment: Gold pulled back as selling resumed, with rising Treasury yields adding pressure. Technical forecasts also cite bearish signals and downside risk, while inflation concerns and expectations of higher rates are limiting gold’s ability to reclaim key resistance. These headwinds could weigh on GLDM. Gold Pulls Back As Selling Resumes Critical Support Holds Amid Growing Downside Risk

About SPDR Gold MiniShares Trust

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.