Mirae Asset Global Etfs Holdings 13F: Cuts AU Stake by $6.4M

Mirae Asset Global Etfs Holdings has reduced its stake in AngloGold Ashanti plc (NYSE:AU) by 68,502 shares, according to its latest 13F filing with the SEC. This move cuts its position by 12.3%, leaving Mirae with 489,370 shares valued at about $46.05 million as of the reporting period.

What Changed in Mirae Asset's AngloGold Ashanti Position

Mirae Asset Global Etfs Holdings trimmed its holdings in AngloGold Ashanti from 557,872 shares to 489,370 shares, a reduction of 68,502 shares. This represents a 12.3% decrease in its stake, now valued at approximately $46.05 million.

Other Institutional Activity in AngloGold Ashanti

Other significant institutional movements in AngloGold Ashanti include BlackRock, Inc., which added 3,747,514 shares, bringing its total to 30,317,996 shares worth about $2.95 billion. FMR LLC also increased its holdings by 2,323,890 shares, now holding 18,507,057 shares valued at $1.81 billion. Meanwhile, Van Eck Associates Corp slightly reduced its position by 51,881 shares, maintaining 18,742,238 shares worth $1.82 billion.

AngloGold Ashanti plc Stock Up 2.8%

Shares of AngloGold Ashanti (NYSE:AU) are trading near $94.11. The company has a market capitalization of $46.66 billion and a P/E ratio of 13.55. Its forward P/E is 8.83, with a beta of 0.638. The stock's 52-week range spans from $43.44 to $129.14, with moving averages of $96.70 for 50 days and $88.82 for 200 days. The firm maintains a current ratio of 2.71 and a quick ratio of 2.05, with a debt-to-equity ratio of 22.03.

Recent Earnings

AngloGold Ashanti reported revenue of $11.17 billion, reflecting a growth rate of 64.9%. The company achieved an EPS of $6.81, with a net margin of 31.1% and a return on equity of 42.97%. The next earnings report is scheduled for July 31, 2026.

Dividend

AngloGold Ashanti offers a dividend rate of $4.60, yielding 4.98%. The dividend payout ratio is 52.35%.

Insider Buying and Selling at AngloGold Ashanti plc

Recent insider transactions include Busia Kojo Osei Frimpong selling 400 shares on May 19, 2026. On May 11, 2026, multiple insiders, including Alan Murray Ferguson, Bruce Alan Cleaver, and others, purchased 1,580 shares each.

Analysts Set New Price Targets

On June 9, 2026, Citigroup maintained its 'buy' rating for AngloGold Ashanti with a price target of $130. Scotiabank has consistently maintained a 'buy' rating, with targets ranging from $131 to $134. The consensus among seven analysts is a 'buy' recommendation, with a mean target price of $121.29.

About AngloGold Ashanti

AngloGold Ashanti plc is a gold mining company operating in Africa, Australia, and the Americas. It explores for gold and by-products like silver and sulfuric acid. The company’s flagship site is the Geita mine in Tanzania. Founded in 1944, AngloGold is headquartered in Greenwood Village, Colorado, and employs around 38,000 people.

Bottom Line

Mirae Asset's reduction in AngloGold Ashanti shares is part of the regular adjustments funds make based on market conditions. Investors pay attention to such filings for insights into institutional confidence. Remember, these filings reflect past holdings and may not indicate current positions.