American National Bank of Texas cut its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM – Free Report) by 13.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 39,707 shares of the company’s stock after selling 5,981 shares during the quarter. SPDR Gold MiniShares Trust accounts for approximately 3.3% of American National Bank of Texas’ holdings, making the stock its 12th largest position. American National Bank of Texas’ holdings in SPDR Gold MiniShares Trust were worth $3,390,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. grew its stake in SPDR Gold MiniShares Trust by 26.6% in the 3rd 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 period. Mizuho Bank Ltd. acquired a new position in SPDR Gold MiniShares Trust in the 3rd quarter valued at $137,763,000. Bank of America Corp DE lifted its stake in shares of SPDR Gold MiniShares Trust by 28.6% during the 3rd quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock worth $563,230,000 after purchasing an additional 1,636,398 shares during the period. CWM LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 508.4% during the 3rd quarter. CWM LLC now owns 781,531 shares of the company’s stock worth $59,748,000 after purchasing an additional 653,080 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings 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 purchasing an additional 618,690 shares during the last quarter.
Trending Headlines about SPDR Gold MiniShares Trust
Here are the key news stories impacting SPDR Gold MiniShares Trust this week:
- Positive Sentiment: Middle East tensions have intermittently supported safe‑haven flows into gold, creating short dips that attract buyers and can limit further losses. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Longer‑run structural demand signals — including ETF interest and industry coverage of GLDM — could support future inflows when gold stabilizes. ETF of the Week: SPDR Gold MiniShares Trust (GLDM)
- Positive Sentiment: Initiatives like the World Gold Council’s push for shared infrastructure and tokenized gold markets point to potential demand and new custody/market structures over time. World Gold Council building shared infrastructure
- Neutral Sentiment: Proposed U.S. federal legislation to diversify precious‑metals vault networks could shift custody dynamics for physical gold ETFs, with uncertain near‑term impact on flows. Proposed U.S. federal legislation looks to diversify precious metals vault network
- Neutral Sentiment: Swiss gold exports have fallen to post‑tariff shock lows, a supply datapoint that is interesting for structural balances but not an immediate price driver. Swiss gold exports fall
- Negative Sentiment: Broad selloff in gold this week — described as the largest weekly drop in years — is pressuring GLDM because the ETF tracks spot gold. Momentum and positioning changes are amplifying outflows. Gold sees biggest weekly loss in six years
- Negative Sentiment: Rising US Treasury yields and firmer inflation expectations have reduced the appeal of non‑yielding gold, pressuring prices and GLDM. Analysts link the move to diminished odds of near‑term Fed cuts. Gold Edges Lower on Inflation Concerns
- Negative Sentiment: Technical analysts warn of a support breakdown that could trigger a deeper correction toward lower targets, which would likely keep pressure on GLDM until price stabilizes. Gold (XAU/USD) Price Forecast: Support Breakdown
- Negative Sentiment: Recent oil‑driven moves that pushed yields and the dollar higher are cited as a near‑term catalyst for the gold selloff rather than a fundamental loss of safe‑haven appeal. Frank Talk: Oil shock sends yields higher and gold lower
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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