First Eagle Investment Management LLC Has $980.80 Million Holdings in SPDR Gold Shares $GLD

First Eagle Investment Management LLC cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,474,833 shares of the exchange traded fund’s stock after selling 56,363 shares during the quarter. SPDR Gold Shares accounts for 1.7% of First Eagle Investment Management LLC’s investment portfolio, making the stock its 20th largest holding. First Eagle Investment Management LLC’s holdings in SPDR Gold Shares were worth $980,801,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in SPDR Gold Shares in the fourth quarter valued at about $25,000. Chapman Financial Group LLC acquired a new position in SPDR Gold Shares in the second quarter valued at about $26,000. Hopwood Financial Services Inc. acquired a new position in SPDR Gold Shares in the third quarter valued at about $27,000. Vestwell Advisors LLC acquired a new position in SPDR Gold Shares in the third quarter valued at about $27,000. Finally, USA Financial Formulas acquired a new position in SPDR Gold Shares in the fourth quarter valued at about $31,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.2%

NYSEARCA:GLD opened at $434.65 on Tuesday. The firm has a market cap of $158.08 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12 month low of $291.78 and a 12 month high of $509.70. The company’s 50-day moving average price is $439.65 and its two-hundred day moving average price is $421.85.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Gold ETFs saw fresh inflows even as inflation risks remained elevated, suggesting ongoing investor demand for gold exposure. Global gold ETFs see fresh inflows despite rising inflation risks
• Positive Sentiment: Gold prices held firm and briefly pushed higher as Iran-related uncertainty and broader inflation concerns kept support under the metal. Gold prices gain on Iran optimism despite India import issues, silver producers see strong output in 2026 – Heraeus
• Positive Sentiment: Gold recovered as lower yields and softer oil prices improved the near-term backdrop for precious metals ahead of inflation data. Gold News: Gold Price Eyes Breakout as CPI Inflation Data Looms
• Neutral Sentiment: Gold was steady after the U.S. rejected Iran’s peace demands, indicating mixed but not strongly directional safe-haven trading. Update: Gold Steady as the U.S. Dismisses Iran’s Peace Demands
• Neutral Sentiment: Spot gold remained elevated after modest U.S. existing-home sales data, reflecting a market still focused on macro drivers rather than a single catalyst. Spot gold at $4,730/oz after U.S. existing-home sales rise 0.2% in April
• Negative Sentiment: Rising crude prices have reignited inflation worries, lifting yields and pressuring gold’s breakout attempt. Gold News: Rising Crude Prices Threaten Gold Breakout Attempt
• Negative Sentiment: Gold fell on renewed inflation concerns tied to higher oil prices, which can weigh on GLD by boosting real-rate expectations. Gold Falls on Renewed Inflation Concerns
• Negative Sentiment: Short-term safe-haven demand eased as the ceasefire held, leaving gold testing support levels rather than extending higher. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Tests $4,665 Support, Silver Eyes $82 Breakout?

SPDR Gold Shares 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.