Directional Asset Management purchased a new position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,181 shares of the exchange traded fund’s stock, valued at approximately $468,000.
Several other institutional investors and hedge funds also recently made changes to their positions in GLD. Brighton Jones LLC increased its position in shares of SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after acquiring an additional 1,903 shares in the last quarter. Bison Wealth LLC increased its position in shares of SPDR Gold Shares by 77.8% during the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of SPDR Gold Shares during the first quarter valued at approximately $16,014,000. Schnieders Capital Management LLC. lifted its stake in SPDR Gold Shares by 4.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after acquiring an additional 275 shares during the period. Finally, Prudential Financial Inc. bought a new position in SPDR Gold Shares during the 2nd quarter valued at about $337,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
GLD opened at $431.04 on Friday. The stock has a market capitalization of $159.87 billion, a P/E ratio of -32.43 and a beta of 0.20. The company’s 50-day simple moving average is $447.48 and its two-hundred day simple moving average is $417.90. SPDR Gold Shares has a 52-week low of $291.78 and a 52-week high of $509.70.
Trending Headlines about SPDR Gold Shares
- Positive Sentiment: China buying and “dip” demand are cited by analysts as underlying support for gold, creating buying opportunities that could prop up GLD. Gold demand anchored in mispriced risk as China buying signals ‘dip’ opportunity
- Positive Sentiment: Professor Steve Hanke warns Wall Street is underestimating inflation; he argues surging bank credit could drive much higher gold prices, supporting long-term bullish conviction for GLD holders. Wall Street is misreading inflation as bank credit surges, gold seen reaching $7,000 – Professor Steve Hanke
- Positive Sentiment: Switzerland’s gold exports rose sharply, indicating continued physical demand and safe-haven flows that can underpin GLD’s NAV. Switzerland’s gold exports rise 30% as investors seek safe haven amid global
- Positive Sentiment: Interest in tokenized gold products remains strong despite crypto volatility, pointing to diversified demand channels that could help GLD flows. Tokenized gold shines even as crypto market cap drops 40% in Q1 – Swyftx
- Neutral Sentiment: GLD has outpaced the S&P 500 in recent sessions as analysts remain split on short-term gold direction; mixed views mean flows could swing on next macro data. GLD outpaces S&P 500 as gold outlook splits analysts
- Neutral Sentiment: Multiple reports show gold trading rangebound and “steady” as the market parses dollar and yield moves — suggesting short-term consolidation rather than a decisive trend. Update: Gold Steadies Early Along With the Dollar and Yields
- Negative Sentiment: Rising oil above $100 and renewed U.S.-Iran tensions are feeding inflation concerns; higher inflation expectations lift yield and dollar prospects, which historically pressure non-yielding gold and GLD. Gold Edges Lower Amid Ongoing Concerns Over Higher Inflation
- Negative Sentiment: Technical breakdowns — including a rising-wedge breakdown and failure of key moving averages — signal further near-term weakness for gold prices and put downside pressure on GLD. Gold (XAU/USD) Price Forecast: Wedge Breakdown Signals Further Weakness
- Negative Sentiment: Gold touched a two‑week low as oil and inflation worries reinforced expectations that rates may stay higher for longer — a headwind for GLD until bond-market volatility eases. Gold hits two-week low: are rising oil prices to blame?
SPDR Gold Shares Company Profile
SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.
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