SPDR Gold MiniShares Trust $GLDM Stake Lessened by KWB Wealth

KWB Wealth cut its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 15.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,881 shares of the company’s stock after selling 8,867 shares during the period. KWB Wealth’s holdings in SPDR Gold MiniShares Trust were worth $4,099,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of SPDR Gold MiniShares Trust by 1.1% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,594,406 shares of the company’s stock valued at $1,723,515,000 after buying an additional 206,914 shares in the last quarter. Resona Asset Management Co. Ltd. raised its stake in SPDR Gold MiniShares Trust by 45.2% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 3,236,300 shares of the company’s stock worth $289,066,000 after acquiring an additional 1,006,700 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in SPDR Gold MiniShares Trust during the 2nd quarter worth $157,696,000. Regents of The University of California purchased a new stake in SPDR Gold MiniShares Trust in the first quarter valued at $133,351,000. Finally, Farther Finance Advisors LLC lifted its position in SPDR Gold MiniShares Trust by 64.4% in the third quarter. Farther Finance Advisors LLC now owns 1,188,672 shares of the company’s stock valued at $97,685,000 after acquiring an additional 465,716 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

NYSEARCA GLDM traded down $0.13 during trading hours on Friday, hitting $82.46. The company had a trading volume of 4,645,464 shares, compared to its average volume of 6,749,403. SPDR Gold MiniShares Trust has a 1-year low of $77.50 and a 1-year high of $109.74. The business has a 50 day moving average of $85.73 and a 200-day moving average of $86.40.

SPDR Gold MiniShares Trust News Summary

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

• Positive Sentiment: Gold rebounded as Treasury yields eased and the dollar weakened, while reduced expectations for an October Federal Reserve rate hike helped revive demand for precious metals. Gold also held above important support near $4,000–$4,103, suggesting buyers remain active. Wall Street undecided on gold’s near-term trajectory
• Positive Sentiment: China’s central bank added 23 tonnes of gold to its reserves, while Chinese gold ETFs and holiday jewelry, bar and coin demand strengthened. These flows offer a fundamental underpinning for gold and GLDM. China buys the gold dip
• Neutral Sentiment: Technical indicators show gold holding key support for a third consecutive week, but bulls must clear resistance near $4,201–$4,226 to confirm a sustained upside breakout. Upcoming U.S. housing, employment, purchasing-managers’ index and consumer-sentiment reports could determine the next move. Gold price forecast: Bulls face crucial resistance
• Negative Sentiment: Hot U.S. inflation data—including a 6.3% annualized rise in producer prices—has kept December Fed tightening risks alive. Higher-for-longer rates and yields increase the opportunity cost of holding non-yielding gold, while recent failures near $4,200 have limited the rally. Gold holds near $4,170 as inflation keeps December Fed tightening in play

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.