SPDR Gold Shares $GLD Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 852,019 shares of the exchange traded fund’s stock after selling 37,491 shares during the quarter. Cetera Investment Advisers’ holdings in SPDR Gold Shares were worth $366,615,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Morgan Stanley raised its holdings in shares of 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 worth $5,506,229,000 after purchasing an additional 2,539,266 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of SPDR Gold Shares by 571.3% in the fourth quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock valued at $1,565,118,000 after buying an additional 3,360,966 shares in the last quarter. Virtu Financial LLC bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at $474,952,000. Marino Management LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $438,475,000. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of SPDR Gold Shares by 13.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 938,260 shares of the exchange traded fund’s stock worth $371,842,000 after acquiring an additional 109,205 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Gold climbed to a two-week high as a softer dollar helped lift bullion, giving GLD a direct tailwind as the ETF tracks spot gold prices. Update: Gold Rises to Two-Week High as Weaker Dollar Boosts Prices
• Positive Sentiment: Gold rallied above $4,120 and approached $4,160 as technical buying and defensive demand outweighed higher Treasury yields and firmer crude oil, signaling improving near-term momentum for bullion-backed funds like GLD. Gold rallies as buyers test $4,160, oil lifts yields – Kitco PM Report
• Positive Sentiment: Several analysts said gold has broken key technical resistance and could have more upside if it clears the next resistance zone near $4,203, reinforcing bullish sentiment around GLD. Gold (XAU/USD) Price Forecast: Breakout Opens the Door to Higher Targets
• Positive Sentiment: Investor commentary from John Paulson and others highlighted a long-term bull case for gold, with central bank buying and broader private demand seen as structural support for bullion prices. John Paulson says we are in the early stages of a long-term bull market for gold
• Neutral Sentiment: Some reports noted that geopolitical tensions, rising rates, and higher yields are still conflicting forces, so GLD’s near-term path may depend on whether safe-haven buying continues to outweigh macro headwinds. Rising economic fears weakening inflation’s stranglehold on gold prices – CRU

SPDR Gold Shares Stock Up 1.1%

Shares of NYSEARCA GLD opened at $379.12 on Thursday. The stock has a market capitalization of $133.07 billion, a price-to-earnings ratio of -32.43 and a beta of 0.17. The stock’s fifty day simple moving average is $390.21 and its 200 day simple moving average is $424.38. SPDR Gold Shares has a 52-week low of $300.95 and a 52-week high of $509.70.

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.