SPDR Gold Shares $GLD Position Cut by Waterloo Capital L.P.

Waterloo Capital L.P. decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 35.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,940 shares of the exchange traded fund’s stock after selling 2,171 shares during the quarter. Waterloo Capital L.P.’s holdings in SPDR Gold Shares were worth $1,451,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Prepared Retirement Institute LLC boosted its stake in SPDR Gold Shares by 1.6% during the 4th quarter. Prepared Retirement Institute LLC now owns 1,328 shares of the exchange traded fund’s stock valued at $526,000 after purchasing an additional 21 shares during the period. Hughes Financial Services LLC increased its stake in shares of SPDR Gold Shares by 3.4% in the fourth quarter. Hughes Financial Services LLC now owns 667 shares of the exchange traded fund’s stock valued at $264,000 after purchasing an additional 22 shares during the period. Leisure Capital Management increased its stake in shares of SPDR Gold Shares by 1.9% in the fourth quarter. Leisure Capital Management now owns 1,371 shares of the exchange traded fund’s stock valued at $543,000 after purchasing an additional 25 shares during the period. Parr Mcknight Wealth Management Group LLC raised its holdings in shares of SPDR Gold Shares by 3.3% during the fourth quarter. Parr Mcknight Wealth Management Group LLC now owns 772 shares of the exchange traded fund’s stock valued at $306,000 after buying an additional 25 shares during the last quarter. Finally, Viewpoint Capital Management LLC raised its holdings in shares of SPDR Gold Shares by 2.8% during the first quarter. Viewpoint Capital Management LLC now owns 925 shares of the exchange traded fund’s stock valued at $398,000 after buying an additional 25 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6%

Shares of NYSEARCA GLD opened at $401.48 on Friday. The stock has a 50 day simple moving average of $380.45 and a 200-day simple moving average of $419.72. The company has a market cap of $141.76 billion, a PE ratio of -32.43 and a beta of 0.17. SPDR Gold Shares has a 12-month low of $305.19 and a 12-month high of $509.70.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: July U.S. retail sales unexpectedly fell 0.6%, while preliminary August consumer sentiment dropped to 51 versus a 54.5 consensus forecast. The weaker data increased expectations that the Fed may hold rates steady in September, supporting non-yielding gold. Gold rallies after retail sales drop
• Positive Sentiment: Cooling inflation is also helping gold: July headline PPI was flat, and recent CPI and PPI readings have reduced rate-hike concerns. A softer dollar and lower real-rate expectations generally make gold more attractive. Gold rebounds as dollar pulls back
• Positive Sentiment: Longer-term demand remains constructive. UBS strategists said gold could challenge $5,000 per ounce in the first half of 2027, citing lower real rates, a weaker dollar and strong sovereign and central-bank buying. The Bank of Korea also reported a $250 million holding in SPDR Gold Shares, its first gold-linked purchase since 2013. UBS sees gold challenging $5,000
• Neutral Sentiment: Investors are awaiting Federal Reserve meeting minutes, housing data and manufacturing PMI figures next week. These releases could cause volatility by changing views on economic growth and future interest rates. Gold looks to Fed minutes and economic data
• Negative Sentiment: Gold has struggled to extend its rebound near the $4,450–$4,500 resistance zone. Technical analysts warn that a pullback may be needed before another advance, while profit-taking, Treasury yields and geopolitical developments could cap gains. Gold pullback risk after resistance test

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.