PPSC Investment Service Corp boosted its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 10.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 781,981 shares of the exchange traded fund’s stock after buying an additional 70,775 shares during the quarter. SPDR Gold Shares makes up about 26.5% of PPSC Investment Service Corp’s holdings, making the stock its 2nd largest position. PPSC Investment Service Corp owned about 0.21% of SPDR Gold Shares worth $336,479,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the company. Corient Private Wealth LLC grew its stake in shares of SPDR Gold Shares by 571.3% during the 4th quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock worth $1,565,118,000 after acquiring an additional 3,360,966 shares during the period. Morgan Stanley raised its stake in SPDR Gold Shares by 22.4% in the 4th quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock valued at $5,506,229,000 after acquiring an additional 2,539,266 shares during the period. Bank of Montreal Can purchased a new stake in SPDR Gold Shares during the third quarter valued at about $556,282,000. Virtu Financial LLC purchased a new stake in SPDR Gold Shares during the fourth quarter valued at about $474,952,000. Finally, Marino Management LLC bought a new position in SPDR Gold Shares during the fourth quarter worth about $438,475,000. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares News Summary
Here are the key news stories impacting SPDR Gold Shares this week:
- Neutral Sentiment: Gold prices are softening as traders focus on higher yields, the dollar, and Fed-rate expectations rather than safe-haven demand. Gold, silver weaken as Fed repricing overwhelms haven demand – Kitco PM Report
- Positive Sentiment: Central bank buying remains a major source of support for gold, suggesting underlying demand has not disappeared even after the recent pullback. Gold’s biggest buyers aren’t slowing down, but SocGen sees a more measured pace ahead
- Positive Sentiment: Some analysts see lower oil, easing inflation pressures, and a shift in gold demand toward Asia as potential tailwinds for a future rebound. Precious metals should benefit from falling oil, as gold market continues shift toward Asia – Heraeus
- Neutral Sentiment: Technical commentary is turning cautious, with traders watching whether gold can hold key support after the rally lost momentum. Gold News: Does the Death Cross Still Matter for Gold Prices?
- Negative Sentiment: Several reports say the recent rally has cracked, with rate concerns and rising yields keeping gold under pressure in the near term. Gold’s 2026 rally has cracked – is it time to buy the pullback?
SPDR Gold Shares Stock Down 1.4%
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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