Mirae Asset Global Investments Co. Ltd. Has $25.84 Million Position in SPDR Gold MiniShares Trust $GLDM

Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 22.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 302,700 shares of the company’s stock after acquiring an additional 55,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in SPDR Gold MiniShares Trust were worth $25,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Deane Retirement Strategies Inc. boosted its stake in shares of SPDR Gold MiniShares Trust by 126.4% in the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after purchasing an additional 187 shares in the last quarter. Accredited Wealth Management LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 174.4% in the 3rd quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares in the last quarter. Networth Advisors LLC acquired a new stake in shares of SPDR Gold MiniShares Trust in the 4th quarter valued at $33,000. Financial Consulate Inc. acquired a new stake in shares of SPDR Gold MiniShares Trust in the 3rd quarter valued at $34,000. Finally, Evolution Wealth Management Inc. boosted its stake in shares of SPDR Gold MiniShares Trust by 55.1% in the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after purchasing an additional 174 shares in the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of NYSEARCA:GLDM opened at $96.04 on Friday. SPDR Gold MiniShares Trust has a 52 week low of $62.70 and a 52 week high of $109.74. The company’s fifty day moving average is $96.86 and its 200-day moving average is $89.51.

Key Stories Impacting SPDR Gold MiniShares Trust

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

• Positive Sentiment: Bullish technical momentum — analysts highlight gold’s rebound toward major resistance and say a decisive reclaim of the 50-day moving average would support further gains. Gold (XAU/USD) Price Forecast: Bullish Momentum Builds Beneath Major Resistance
• Positive Sentiment: Buyers remain active — weekly analysis points to continued buying interest, aided recently by a positive turn in Middle East developments (Strait of Hormuz reopening). Gold Weekly Price Analysis – Gold Continues to See Buyers
• Positive Sentiment: Diplomacy weighing on the dollar — coverage notes that expectations of further U.S.–Iran talks have trimmed haven demand for the dollar, which tends to support gold prices. Losses by the Dollar as Focus on Diplomacy Continues
• Neutral Sentiment: Markets are awaiting U.S. data (retail sales, PMI, sentiment) that could quickly swing flows; traders see near-term risk tied to incoming macro prints. Gold eyes key U.S. data as markets brace for retail sales, PMI, and sentiment signals
• Neutral Sentiment: Technical consolidation — several analysts note gold and silver remain range-bound; a clear breakout (or failure) will determine the next leg. Gold and Silver Price Analysis: Will a Breakout End the Current Range?
• Negative Sentiment: Rate-cut odds falling — reports warn the gold rally could lose steam as Fed on-hold messaging, firmer dollar and lower oil reduce inflation pressure and curb upside. Gold News: Gold Rally Loses Steam as Rate Cut Odds Fall to 27%
• Negative Sentiment: Safe-haven appeal cooling — a stronger regional survey (Philly Fed) and signs of easing geopolitical risk are cited as reasons some traders are trimming gold exposure. Gold’s safe-haven appeal weakening as Philly Fed Survey jumps April

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.