SPDR Gold MiniShares Trust $GLDM Stock Position Lessened by Hudson Capital Management LLC

Hudson Capital Management LLC cut its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 5.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 114,641 shares of the company’s stock after selling 7,019 shares during the period. SPDR Gold MiniShares Trust accounts for about 2.5% of Hudson Capital Management LLC’s holdings, making the stock its 10th biggest position. Hudson Capital Management LLC’s holdings in SPDR Gold MiniShares Trust were worth $9,787,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GLDM. Sumitomo Mitsui Trust Group Inc. grew its position in shares of SPDR Gold MiniShares Trust by 26.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock worth $1,412,638,000 after acquiring an additional 3,881,643 shares during the last quarter. Mizuho Bank Ltd. purchased a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth approximately $137,763,000. Bank of America Corp DE grew its position in shares of SPDR Gold MiniShares Trust by 28.6% during the third quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock worth $563,230,000 after acquiring an additional 1,636,398 shares during the last quarter. CWM LLC grew its position 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 acquiring an additional 653,080 shares during the last quarter. Finally, Corient Private Wealth LLC grew its position in shares of SPDR Gold MiniShares Trust by 3,304.3% during the second quarter. Corient Private Wealth LLC now owns 637,414 shares of the company’s stock worth $41,763,000 after acquiring an additional 618,690 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $92.13 on Tuesday. The company’s 50 day simple moving average is $97.70 and its 200-day simple moving average is $88.44. SPDR Gold MiniShares Trust has a 12-month low of $58.56 and a 12-month high of $109.74.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Geopolitical risk from the U.S.–Iran conflict is lifting safe‑haven demand for gold, providing upside pressure for GLDM. Gold Edges Higher as Investors Focus on U.S.-Iran Conflict
• Positive Sentiment: Merrill strategist commentary expects core gold demand drivers to reassert after initial Iran‑war shocks fade, supporting medium‑term bullion flows into GLDM. Gold’s demand drivers ‘should once again reassert themselves’
• Positive Sentiment: Weaker U.S. ISM Services PMI and softer economic data are boosting gold’s safe‑haven appeal, which tends to support GLDM flows when growth indicators falter. Spot gold at $4,667/oz after ISM Services PMI falls
• Positive Sentiment: Market commentary and intra‑day technical buying have produced short‑term price gains in gold, which can translate into near‑term inflows for GLDM. Gold, silver see price gains on technical buying
• Neutral Sentiment: Rumors of a potential 45‑day truce have cooled some safe‑haven demand; this creates volatility but not a clear directional shift in gold prices yet. Gold Eyes $4,700 as Truce Rumors Cool Safe-Haven Bid
• Neutral Sentiment: Technical analysis notes clear intraday support/resistance levels; active traders may keep gold rangebound around key pivots, producing choppy GLDM trading. Gold market analysis for April 6 – key intra-day price entry levels
• Negative Sentiment: A stronger U.S. dollar and rising rate expectations are capping gold’s upside by raising opportunity cost of holding non‑yielding bullion, pressuring GLDM. Gold Falls Amid Dollar Strength, Inflation Worries
• Negative Sentiment: Analysts warn a strong dollar and higher bond yields are likely to keep gold below key resistance levels until rate‑cut expectations firm, which limits GLDM upside. Gold, US Dollar and Bond Yields
• Negative Sentiment: Oil‑driven inflation concerns could push real yields higher if markets price more Fed tightening, which would be detrimental to gold prices and GLDM. Oil Surge Caps Gold Breakout

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.