Sumitomo Mitsui Trust Group Inc. Raises Position in SPDR Gold MiniShares Trust $GLDM

Sumitomo Mitsui Trust Group Inc. increased its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 1.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,594,406 shares of the company’s stock after purchasing an additional 206,914 shares during the quarter. SPDR Gold MiniShares Trust accounts for 1.1% of Sumitomo Mitsui Trust Group Inc.’s investment portfolio, making the stock its 11th biggest position. Sumitomo Mitsui Trust Group Inc. owned 0.06% of SPDR Gold MiniShares Trust worth $1,723,515,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in GLDM. Silver Oak Securities Incorporated increased its holdings in shares of SPDR Gold MiniShares Trust by 0.7% in the first quarter. Silver Oak Securities Incorporated now owns 14,763 shares of the company’s stock worth $1,368,000 after buying an additional 108 shares during the period. Verus Capital Partners LLC boosted its holdings in SPDR Gold MiniShares Trust by 1.1% during the 4th quarter. Verus Capital Partners LLC now owns 10,046 shares of the company’s stock valued at $858,000 after acquiring an additional 111 shares during the period. U.S. Capital Wealth Advisors LLC boosted its holdings in SPDR Gold MiniShares Trust by 0.8% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,147 shares of the company’s stock valued at $1,208,000 after acquiring an additional 112 shares during the period. Absolute Capital Management LLC grew its position in SPDR Gold MiniShares Trust by 2.3% during the 4th quarter. Absolute Capital Management LLC now owns 4,956 shares of the company’s stock worth $423,000 after acquiring an additional 112 shares during the last quarter. Finally, One Charles Private Wealth Services LLC grew its position in SPDR Gold MiniShares Trust by 0.5% during the 4th quarter. One Charles Private Wealth Services LLC now owns 25,976 shares of the company’s stock worth $2,218,000 after acquiring an additional 120 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Down 0.9%

Shares of SPDR Gold MiniShares Trust stock opened at $80.70 on Thursday. The business’s 50 day simple moving average is $86.51 and its two-hundred day simple moving average is $91.93. SPDR Gold MiniShares Trust has a one year low of $64.71 and a one year high of $109.74.

Key Stories Impacting SPDR Gold MiniShares Trust

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 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.