Bank of New York Mellon Corp Has $69.46 Million Holdings in SPDR Gold MiniShares Trust $GLDM

Bank of New York Mellon Corp cut its stake in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 10.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 749,413 shares of the company’s stock after selling 91,162 shares during the quarter. Bank of New York Mellon Corp owned 0.22% of SPDR Gold MiniShares Trust worth $69,463,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of GLDM. China Universal Asset Management Co. Ltd. boosted its holdings in SPDR Gold MiniShares Trust by 9.0% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 206,200 shares of the company’s stock worth $17,603,000 after buying an additional 17,000 shares during the period. Farther Finance Advisors LLC raised its holdings in SPDR Gold MiniShares Trust by 17.4% during the 4th quarter. Farther Finance Advisors LLC now owns 635,706 shares of the company’s stock valued at $54,270,000 after acquiring an additional 94,239 shares during the period. AE Wealth Management LLC raised its holdings in SPDR Gold MiniShares Trust by 37.0% during the 4th quarter. AE Wealth Management LLC now owns 330,650 shares of the company’s stock valued at $28,228,000 after acquiring an additional 89,313 shares during the period. Forbes Financial Planning Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter worth $4,302,000. Finally, Kraft Davis & Associates LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the fourth quarter worth $8,594,000.

SPDR Gold MiniShares Trust Stock Up 1.1%

SPDR Gold MiniShares Trust stock opened at $81.74 on Thursday. SPDR Gold MiniShares Trust has a one year low of $64.71 and a one year high of $109.74. The business has a fifty day moving average price of $84.12 and a 200-day moving average price of $91.44.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Spot gold rose as buyers tested key resistance levels near $4,160, helping lift gold-backed ETFs like GLDM. Gold rallies as buyers test $4,160, oil lifts yields – Kitco PM Report
• Positive Sentiment: Gold broke above key technical resistance, with traders watching for confirmation of a broader bullish move if prices clear the next major levels. Gold (XAU/USD) Price Forecast: Breakout Opens the Door to Higher Targets
• Positive Sentiment: High-profile bullish commentary from investors like John Paulson reinforced the view that gold remains in the early stages of a long-term bull market, supported by central bank and private-sector buying. John Paulson says we are in the early stages of a long-term bull market for gold
• Positive Sentiment: Multiple market reports noted that gold is holding a rebound despite rising yields and oil-related volatility, which suggests persistent defensive demand. Gold rallies above $4,120 as buyers test resistance – Kitco AM Report
• Neutral Sentiment: Analysts also pointed to long-term support from central-bank buying, inflation hedging, and geopolitical risk, which keeps the outlook constructive but does not change near-term ETF mechanics. Gold’s long-term investment case is strong, and miners offer greatest upside – VanEck’s Casanova
• Neutral Sentiment: Some commentary suggested gold still faces resistance around the $4,200 area and must clear that level to confirm a stronger upside breakout. Gold (XAUUSD) Price Forecast: Can Gold Hold Its Rally Before the Fed?

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.