Directional Asset Management bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,181 shares of the exchange traded fund’s stock, valued at approximately $468,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Rakuten Securities Inc. lifted its stake in SPDR Gold Shares by 70.8% during the 4th quarter. Rakuten Securities Inc. now owns 5,022 shares of the exchange traded fund’s stock valued at $1,990,000 after acquiring an additional 2,082 shares during the period. Riggs Asset Managment Co. Inc. lifted its stake in SPDR Gold Shares by 0.4% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 77,936 shares of the exchange traded fund’s stock valued at $30,887,000 after acquiring an additional 306 shares during the period. Lebenthal Global Advisors LLC bought a new position in SPDR Gold Shares during the 4th quarter valued at about $338,000. Nadler Financial Group Inc. increased its position in shares of SPDR Gold Shares by 1.5% during the 4th quarter. Nadler Financial Group Inc. now owns 8,530 shares of the exchange traded fund’s stock valued at $3,381,000 after purchasing an additional 122 shares during the last quarter. Finally, N.E.W. Advisory Services LLC increased its position in shares of SPDR Gold Shares by 19.5% during the 4th quarter. N.E.W. Advisory Services LLC now owns 3,627 shares of the exchange traded fund’s stock valued at $1,437,000 after purchasing an additional 593 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.
Key Headlines Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- 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 Stock Down 1.0%
About SPDR Gold Shares
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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