SPDR Gold Shares $GLD Stake Raised by Trilogy Capital Inc.

Trilogy Capital Inc. lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 15.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 93,035 shares of the exchange traded fund’s stock after acquiring an additional 12,174 shares during the period. SPDR Gold Shares accounts for approximately 1.8% of Trilogy Capital Inc.’s portfolio, making the stock its 13th biggest holding. Trilogy Capital Inc.’s holdings in SPDR Gold Shares were worth $40,032,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GLD. WPG Advisers LLC bought a new stake in SPDR Gold Shares during the 4th quarter valued at $25,000. Timmons Wealth Management LLC acquired a new position in SPDR Gold Shares during the 4th quarter worth $26,000. Chapman Financial Group LLC bought a new position in shares of SPDR Gold Shares in the second quarter worth $26,000. Vestwell Advisors LLC bought a new position in shares of SPDR Gold Shares in the third quarter worth $27,000. Finally, Eukles Asset Management bought a new position in shares of SPDR Gold Shares in the fourth quarter worth $27,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $373.63 on Friday. The firm has a market capitalization of $135.89 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14. SPDR Gold Shares has a one year low of $299.89 and a one year high of $509.70. The stock’s fifty day moving average is $411.07 and its 200-day moving average is $427.51.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Gold gained ground as the U.S. dollar pulled back from recent highs and Treasury yields eased, helping precious metals recover from pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Ground As Dollar Moves Away From Yearly Highs
• Positive Sentiment: Gold found support around the key $4,000 level and bounced as traders bought the dip after recent weakness. Gold Price Analysis – Gold Attempting to Bounce from $4000 Region
• Positive Sentiment: Weaker inflation expectations and slightly better consumer sentiment supported a move higher in spot gold during Friday trading. Spot gold hits session high near 4080/oz after final Consumer Sentiment rises to 49.5, one-year and long-term inflation expectations ease
• Neutral Sentiment: Some analysts still see gold’s longer-term structure as constructive, supported by central bank buying and continued industrial demand in related metals. Gold (XAUUSD) & Silver Price Forecast: Gold Retests $4,010 as Silver Breaks $56.50 Amid Ceasefire — Bearish Turn?
• Negative Sentiment: Multiple market reports warned that gold remains under pressure from a strong dollar, hawkish Fed expectations, and resilient U.S. data, with some analysts calling for deeper downside. Gold (XAU/USD) Price Forecast: Trendline Break Signals Bearish Extension
• Negative Sentiment: Other commentary suggested gold could still fall further, with prices struggling below $4,000 and bearish outlooks pointing to continued downside if support fails. Gold Declines; Prices Could Have Further to Fall

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.