American National Bank of Texas Cuts Holdings in SPDR Gold MiniShares Trust $GLDM

American National Bank of Texas lowered its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDMFree Report) by 13.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,707 shares of the company’s stock after selling 5,981 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 3.3% of American National Bank of Texas’ holdings, making the stock its 12th biggest position. American National Bank of Texas’ holdings in SPDR Gold MiniShares Trust were worth $3,390,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of 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 valued at $1,412,638,000 after purchasing an additional 3,881,643 shares in the last quarter. Mizuho Bank Ltd. acquired a new stake in shares of SPDR Gold MiniShares Trust in the third quarter valued at about $137,763,000. Bank of America Corp DE boosted its holdings 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 in the last quarter. CWM LLC boosted its holdings in SPDR Gold MiniShares Trust by 508.4% during the third quarter. CWM LLC now owns 781,531 shares of the company’s stock worth $59,748,000 after buying an additional 653,080 shares in the last quarter. Finally, Corient Private Wealth LLC grew its position in 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 buying an additional 618,690 shares during the period.

SPDR Gold MiniShares Trust Stock Down 3.0%

NYSEARCA GLDM opened at $89.07 on Friday. The business has a 50 day moving average price of $98.47 and a 200 day moving average price of $86.91. SPDR Gold MiniShares Trust has a 1-year low of $58.56 and a 1-year 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: 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 Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

Receive News & Ratings for SPDR Gold MiniShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold MiniShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.