Sumitomo Mitsui DS Asset Management Company Ltd Has $126.35 Million Position in SPDR Gold MiniShares Trust $GLDM

Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 7.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,652,710 shares of the company’s stock after purchasing an additional 117,200 shares during the period. SPDR Gold MiniShares Trust accounts for 1.0% of Sumitomo Mitsui DS Asset Management Company Ltd’s portfolio, making the stock its 16th largest holding. Sumitomo Mitsui DS Asset Management Company Ltd owned about 0.57% of SPDR Gold MiniShares Trust worth $126,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of GLDM. Empower Advisory Group LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the second quarter worth approximately $336,022,000. 3EDGE Asset Management LP lifted its holdings in shares of SPDR Gold MiniShares Trust by 43.0% in the second quarter. 3EDGE Asset Management LP now owns 2,211,620 shares of the company’s stock valued at $144,905,000 after purchasing an additional 664,523 shares in the last quarter. CWM LLC grew its holdings 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 buying an additional 653,080 shares in the last quarter. Corient Private Wealth LLC lifted its position 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 purchasing an additional 618,690 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its position in SPDR Gold MiniShares Trust by 4,571.8% during the 2nd quarter. Diversify Advisory Services LLC now owns 469,752 shares of the company’s stock worth $31,130,000 after buying an additional 459,697 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.7%

Shares of SPDR Gold MiniShares Trust stock opened at $89.23 on Friday. SPDR Gold MiniShares Trust has a 12-month low of $52.63 and a 12-month high of $90.07. The business’s 50 day moving average is $83.96 and its 200-day moving average is $75.65.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Cooling U.S. labor market/softer jobs keeps rate-cut hopes alive and strengthens gold’s bull case, supporting GLDM inflows. Gold breaks $4,500 as a cooling labor market strengthens bull case
• Positive Sentiment: Economic weakness from falling U.S. housing starts lifted safe-haven demand for gold, pushing spot prices higher and benefiting GLDM. Spot gold shoots to $4,490/oz after U.S. housing starts fall -4.6% in September, -0.2% in October
• Positive Sentiment: Geopolitical tensions continue to underpin safe-haven flows into gold ETFs like GLDM. Gold Steady, Underpinned by Geopolitical Risks
• Positive Sentiment: Technical momentum: buyers defending rising short-term averages and commentary that bulls are attempting to clear $4,500 supports a continuation view for GLDM. Gold (XAU/USD) Price Forecast: Bull Trend Holds Above Key Averages
• Neutral Sentiment: Short-term mixed signals: profit-taking and a stronger U.S. dollar at times have created range-bound trade, suggesting potential volatility but not a clear trend reversal for GLDM. Gold and Silver Technical Analysis: Key Support Levels Tested Amid US Dollar Rebound
• Neutral Sentiment: Broader precious-metals buying (silver/platinum) points to sector-wide demand that can lift GLDM, though silver-specific moves may not translate one-for-one. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Soars As Traders Buy The Dip
• Negative Sentiment: Index/futures rebalancing ($6.8B liquidation window Jan 9–15) could force near-term selling and volatility in gold-linked products, posing short-term downside risk to GLDM. Gold (XAUUSD) Price Forecast: Gold Price Set for Pullback as $6.8B Rebalancing Begins Jan 9
• Negative Sentiment: Intermittent stronger dollar and profit-taking episodes have caused intra-day pullbacks; these forces can weigh on GLDM if sustained. Gold (XAUUSD) & Silver Price Forecast: Triangle Setups Hold as Markets Eye NFP 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.