Rathbones Group PLC Has $79.07 Million Stock Position in SPDR Gold Shares $GLD

Rathbones Group PLC reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 3.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 199,499 shares of the exchange traded fund’s stock after selling 6,383 shares during the quarter. Rathbones Group PLC owned approximately 0.05% of SPDR Gold Shares worth $79,065,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Reliant Investment Partners LLC boosted its stake in shares of SPDR Gold Shares by 2.0% in the 4th quarter. Reliant Investment Partners LLC now owns 2,916 shares of the exchange traded fund’s stock valued at $1,156,000 after purchasing an additional 58 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of SPDR Gold Shares by 15.1% in the 4th quarter. IFP Advisors Inc now owns 22,776 shares of the exchange traded fund’s stock valued at $9,026,000 after purchasing an additional 2,980 shares during the last quarter. Brown Wealth Management LLC bought a new stake in shares of SPDR Gold Shares in the 4th quarter valued at $203,000. Investment House LLC bought a new stake in shares of SPDR Gold Shares in the 4th quarter valued at $1,645,000. Finally, First Business Financial Services Inc. boosted its stake in shares of SPDR Gold Shares by 1.3% in the 4th quarter. First Business Financial Services Inc. now owns 5,247 shares of the exchange traded fund’s stock valued at $2,079,000 after purchasing an additional 67 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Gold prices strengthened as Treasury yields eased and the dollar declined, improving sentiment for gold-backed assets like SPDR Gold Shares (GLD). Update: Gold Trading Higher as Yields and the Dollar Decline
• Positive Sentiment: Gold also got a lift from falling Treasury yields and weaker oil prices, which helped revive demand for precious metals. Gold, silver rebound as yields ease, Hormuz risk premium narrows – Kitco AM Report
• Positive Sentiment: Some analysts remain constructive on gold over the medium term, citing central-bank buying and expectations that the broader bull market will resume after the recent consolidation. Gold remains a tactical long-term asset, but Bitcoin is undervalued right now – ReSolve Asset Management
• Neutral Sentiment: Technical traders say gold is still in a short-term corrective phase, with prices testing support zones and key moving averages before any stronger rebound. Gold (XAU/USD) Price Forecast: Bearish Correction Tests Key Support Zones
• Neutral Sentiment: Several notes warn that gold remains vulnerable after breaking below key technical levels, with rising bond yields and inflation concerns still creating headwinds. Gold price faces downside risk on break of 200-DMA and $4,350 critical support – Societe Generale
• Negative Sentiment: Gold has recently faced pressure from a surge in Treasury yields and a firmer dollar, which weighed on the metal and likely offset some of the ETF’s safe-haven appeal. Gold and Silver Technical Analysis: Treasury Yield Surge Pressures Metals

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $417.40 on Thursday. The firm’s fifty day moving average is $432.24 and its 200-day moving average is $424.37. SPDR Gold Shares has a 52 week low of $299.89 and a 52 week high of $509.70. The firm has a market cap of $151.81 billion, a P/E ratio of -32.43 and a beta of 0.15.

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.