Resona Asset Management Co. Ltd. increased its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 45.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 3,236,300 shares of the company’s stock after purchasing an additional 1,006,700 shares during the quarter. SPDR Gold MiniShares Trust comprises about 1.4% of Resona Asset Management Co. Ltd.’s holdings, making the stock its 10th largest position. Resona Asset Management Co. Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $289,066,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the business. Godfrey Financial Associates Inc. acquired a new stake in SPDR Gold MiniShares Trust during the fourth quarter worth $26,000. HHM Wealth Advisors LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 236.7% in the 1st quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock valued at $28,000 after purchasing an additional 213 shares during the last quarter. Root Financial Partners LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 548.2% in the 4th quarter. Root Financial Partners LLC now owns 363 shares of the company’s stock valued at $31,000 after purchasing an additional 307 shares during the last quarter. Networth Advisors LLC purchased a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter worth $33,000. Finally, Gould Capital LLC grew 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 worth $39,000 after purchasing an additional 408 shares during the period.
SPDR Gold MiniShares Trust News Summary
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Neutral Sentiment: Invesco said central bank demand could help gold prices recover later in 2026, suggesting a supportive long-term backdrop for GLDM. Gold had a rough Q2, but central bank demand will push prices higher through 2026 – Invesco
- Neutral Sentiment: China’s central bank added 15 tonnes of gold in June, reinforcing official-sector demand that can support gold prices over time. China’s central bank buys the dip, increasing gold reserves by 15 tonnes in June
- Neutral Sentiment: Several analysts said geopolitical risk and long-term safe-haven demand remain constructive, even after the recent pullback in gold prices. Gold and Silver Price Forecast: Oil Spike and Strong Dollar Pressure Metals
- Negative Sentiment: Gold prices fell as hawkish Fed minutes, higher Treasury yields, and a stronger U.S. dollar reduced demand for bullion, which is weighing on GLDM. Gold slides as Fed minutes, Hormuz oil spike lift yields – Kitco PM Report
- Negative Sentiment: Fund flows were also weak, with investors reportedly leaving gold ETFs in June as rising rates increased the opportunity cost of holding gold-backed products. Investors flee gold ETFs in June as hawkish Fed expectations drive liquidation
- Negative Sentiment: Technical commentary across multiple updates said gold is struggling at resistance and may retest lower support, another near-term headwind for GLDM. Gold (XAU/USD) Price Forecast: Resistance Keeps Bears in Control
SPDR Gold MiniShares Trust Price Performance
SPDR Gold MiniShares Trust Company 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.
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