Rakuten Investment Management Inc. Makes New Investment in SPDR Gold MiniShares Trust $GLDM

Rakuten Investment Management Inc. acquired a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,753,716 shares of the company’s stock, valued at approximately $227,567,000. SPDR Gold MiniShares Trust accounts for about 0.6% of Rakuten Investment Management Inc.’s holdings, making the stock its 18th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Compass Wealth Management LLC GA boosted its holdings in SPDR Gold MiniShares Trust by 9.1% during the third quarter. Compass Wealth Management LLC GA now owns 84,168 shares of the company’s stock valued at $6,917,000 after acquiring an additional 7,017 shares during the period. Family CFO Inc grew its position in shares of SPDR Gold MiniShares Trust by 70.8% in the third quarter. Family CFO Inc now owns 9,470 shares of the company’s stock valued at $778,000 after purchasing an additional 3,927 shares during the last quarter. Integrity Alliance LLC. increased its stake in shares of SPDR Gold MiniShares Trust by 6.8% in the third quarter. Integrity Alliance LLC. now owns 51,309 shares of the company’s stock worth $4,217,000 after purchasing an additional 3,248 shares during the period. Integrity Advisory Solutions LLC increased its stake in shares of SPDR Gold MiniShares Trust by 54.2% in the third quarter. Integrity Advisory Solutions LLC now owns 9,108 shares of the company’s stock worth $749,000 after purchasing an additional 3,203 shares during the period. Finally, Garde Capital Inc. increased its stake in shares of SPDR Gold MiniShares Trust by 7.6% in the third quarter. Garde Capital Inc. now owns 7,339 shares of the company’s stock worth $603,000 after purchasing an additional 516 shares during the period.

SPDR Gold MiniShares Trust Price Performance

NYSEARCA GLDM opened at $77.53 on Wednesday. SPDR Gold MiniShares Trust has a twelve month low of $76.54 and a twelve month high of $109.74. The stock has a 50-day simple moving average of $83.72 and a 200 day simple moving average of $88.89.

Trending Headlines about SPDR Gold MiniShares Trust

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

• Positive Sentiment: Central banks bought gold at their fastest pace since late 2024 in the third quarter, and the World Gold Council said purchases rose 42%. Near-record demand could help support gold prices and GLDM. Central Banks Accelerated Gold Buying in Third Quarter
• Positive Sentiment: Commerzbank views gold’s steep October selloff as overdone, arguing that the factors underpinning higher prices remain in place. That outlook suggests potential support for GLDM if investors return to gold. Gold’s October correction was overdone – Commerzbank
• Neutral Sentiment: Lower real yields have offered some support, but gold’s recovery remains fragile ahead of U.S. employment data. The mixed signals leave GLDM sensitive to changes in rate expectations. Gold: Lower Real Yields Offer Support Before the Employment Test
• Negative Sentiment: Gold pulled back as selling resumed, with rising Treasury yields adding pressure. Technical forecasts also cite bearish signals and downside risk, while inflation concerns and expectations of higher rates are limiting gold’s ability to reclaim key resistance. These headwinds could weigh on GLDM. Gold Pulls Back As Selling Resumes Critical Support Holds Amid Growing Downside Risk

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.