China Universal Asset Management Co. Ltd. Boosts Holdings in SPDR Gold MiniShares Trust $GLDM

China Universal Asset Management Co. Ltd. boosted its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 9.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 206,200 shares of the company’s stock after buying an additional 17,000 shares during the quarter. SPDR Gold MiniShares Trust accounts for approximately 1.4% of China Universal Asset Management Co. Ltd.’s investment portfolio, making the stock its 15th largest position. China Universal Asset Management Co. Ltd. owned 0.07% of SPDR Gold MiniShares Trust worth $17,603,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. boosted its stake in 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 buying an additional 3,881,643 shares during the period. Bank of America Corp DE boosted its stake in 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 buying an additional 1,636,398 shares during the period. UBS Group AG boosted its stake in SPDR Gold MiniShares Trust by 8.5% during the third quarter. UBS Group AG now owns 3,315,804 shares of the company’s stock worth $253,493,000 after buying an additional 259,066 shares during the period. 3EDGE Asset Management LP boosted its stake in SPDR Gold MiniShares Trust by 22.1% during the third quarter. 3EDGE Asset Management LP now owns 2,700,196 shares of the company’s stock worth $206,430,000 after buying an additional 488,576 shares during the period. Finally, State Street Corp boosted its stake in SPDR Gold MiniShares Trust by 0.3% during the second quarter. State Street Corp now owns 2,695,268 shares of the company’s stock worth $176,594,000 after buying an additional 8,380 shares during the period.

SPDR Gold MiniShares Trust Stock Down 1.0%

NYSEARCA GLDM opened at $92.89 on Friday. The company has a fifty day moving average of $96.39 and a two-hundred day moving average of $89.98. SPDR Gold MiniShares Trust has a 52 week low of $62.70 and a 52 week high of $109.74.

SPDR Gold MiniShares Trust News Summary

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

• Positive Sentiment: Signs of strong long-term inflation concerns and bullish calls for gold could support GLDM as a gold proxy — Professor Steve Hanke argues bank?credit growth means inflation is underestimated and gold could surge much higher. Wall Street is misreading inflation as bank credit surges, gold seen reaching $7,000 – Professor Steve Hanke
• Positive Sentiment: Reports of China buying the dip and sustained physical demand are constructive for gold-backed ETFs like GLDM if purchases continue. Gold demand anchored in mispriced risk as China buying signals ‘dip’ opportunity
• Positive Sentiment: U.S. weekly jobless claims rose, briefly lifting spot gold intraday — a sign that macro data swings can provide episodic support to GLDM. Spot gold approaches session high after US weekly jobless claims rise to 214k
• Neutral Sentiment: Market commentary says metals still have upside scope but remain “nervy” because Iran tensions and Fed rate risk create high volatility — outcome could swing GLDM either way. Gold and silver have upside scope, but Iran and Fed concerns will keep metals markets ‘nervy’ as prices test key levels – StoneX
• Neutral Sentiment: Traders are awaiting the next major war?related event; this keeps gold reactive to headlines but without a clear directional catalyst. Gold near steady as traders await next major war event
• Negative Sentiment: Technical breakdowns: several analysts note gold has broken a rising?wedge and key moving averages failed as support, signaling further near?term weakness that pressures GLDM. Gold (XAU/USD) Price Forecast: Wedge Breakdown Signals Further Weakness
• Negative Sentiment: Macro pressure from a stronger dollar and rising yields, plus oil spiking above $100, is lifting inflation expectations that may keep rates higher — a headwind for gold and GLDM in the near term. Gold News: Strong Dollar and Oil Spike Pressure Gold Price Outlook
• Negative Sentiment: Gold hit a two?week low after oil rebounded over $100 and investors priced in prolonged inflation/rate risk — this dynamic can pull GLDM lower until clarity on rates or conflict emerges. Gold hits two-week low: are rising oil prices to blame?

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.