SBI Securities Co. Ltd. Increases Stock Position in SPDR Gold MiniShares Trust $GLDM

SBI Securities Co. Ltd. grew its stake in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 6.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 533,574 shares of the company’s stock after buying an additional 34,331 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 1.2% of SBI Securities Co. Ltd.’s portfolio, making the stock its 15th biggest position. SBI Securities Co. Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $45,551,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Accredited Wealth Management LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 174.4% during the 3rd quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after acquiring an additional 218 shares during the last quarter. Networth Advisors LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at about $33,000. Evolution Wealth Management Inc. boosted its holdings in shares of SPDR Gold MiniShares Trust by 55.1% during the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after acquiring an additional 174 shares during the last quarter. Gould Capital LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 377.8% during the 3rd quarter. Gould Capital LLC now owns 516 shares of the company’s stock valued at $39,000 after acquiring an additional 408 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 34.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $43,000 after acquiring an additional 145 shares during the last quarter.

Key Headlines Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Weaker U.S. labor and activity data eased rate‑hike expectations and prompted renewed safe‑haven buying, supporting gold and GLDM. Gold prices see some renewed buying as U.S job openings falls to 6.87 million
• Positive Sentiment: ISM services PMI softened and other mixed housing data reduced growth momentum, which tends to favor gold over risk assets. Gold at session highs after ISM Services PMI falls to 53.6 in April as industries brace
• Positive Sentiment: Treasury yields pulled back intraday, reducing the opportunity cost of holding gold and helping bullion‑linked ETFs like GLDM. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Treasury Yields Pull Back
• Positive Sentiment: Ongoing central‑bank buying (notably Asia) continues to provide foundational demand for gold, supporting GLDM over the medium term. Gold (XAUUSD) & Silver Price Forecast: Truce Eases Tensions — Will $4500 Hold or Collapse?
• Neutral Sentiment: Analysts and strategists see buying opportunities at lower levels (recommendations to build modest allocations), which may support flows into GLDM but is a longer‑term factor. Gold price is attractive now, so don’t wait to build a 3% to 8% position – NDR’s LaForge
• Neutral Sentiment: Technical commentary points to stabilization/short‑term recovery after recent declines; that supports tactical interest in GLDM but leaves downside risk if key levels fail. Gold Steady Amid Likely Technical Recovery
• Negative Sentiment: A conditional U.S.–Iran truce and pauses in escalatory actions have at times reduced immediate Hormuz disruption fears, which can lessen safe‑haven demand and pressure gold. Gold (XAUUSD) & Silver Price Forecast: Truce Eases Tensions — Will $4500 Hold or Collapse?
• Negative Sentiment: Periods of stronger U.S. data, higher oil prices and firmer yields have recently pressured metals; a sustained rise in yields would be negative for GLDM. Gold and oil have been two of the hottest trades of the past one year. One of them has to break

SPDR Gold MiniShares Trust Stock Up 0.8%

Shares of NYSEARCA GLDM opened at $90.13 on Wednesday. The firm’s 50-day moving average price is $95.47 and its 200-day moving average price is $90.59. SPDR Gold MiniShares Trust has a 52-week low of $62.70 and a 52-week high of $109.74.

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.