SPDR Gold Shares $GLD Stock: Sepio Capital LP Boosts Holdings

Sepio Capital LP raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 9.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,617 shares of the exchange traded fund’s stock after buying an additional 1,616 shares during the period. Sepio Capital LP’s holdings in SPDR Gold Shares were worth $7,471,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. City Holding Co. boosted its holdings in SPDR Gold Shares by 41.6% in the second quarter. City Holding Co. now owns 22,914 shares of the exchange traded fund’s stock valued at $8,441,000 after acquiring an additional 6,733 shares during the last quarter. DDFG Inc increased its position in SPDR Gold Shares by 57.5% during the 2nd quarter. DDFG Inc now owns 48,753 shares of the exchange traded fund’s stock valued at $17,959,000 after purchasing an additional 17,793 shares during the period. Arcus Capital Partners LLC increased its position in SPDR Gold Shares by 90.3% during the 1st quarter. Arcus Capital Partners LLC now owns 8,442 shares of the exchange traded fund’s stock valued at $3,633,000 after purchasing an additional 4,005 shares during the period. First Eagle Investment Management LLC increased its position in SPDR Gold Shares by 1.5% during the 2nd quarter. First Eagle Investment Management LLC now owns 2,491,623 shares of the exchange traded fund’s stock valued at $917,864,000 after purchasing an additional 35,882 shares during the period. Finally, Wellington Management Group LLP increased its position in SPDR Gold Shares by 20.8% during the 2nd quarter. Wellington Management Group LLP now owns 80,567 shares of the exchange traded fund’s stock valued at $29,679,000 after purchasing an additional 13,877 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $369.00 on Friday. SPDR Gold Shares has a 52-week low of $360.12 and a 52-week high of $509.70. The firm has a 50 day moving average price of $395.31 and a two-hundred day moving average price of $399.06. The firm has a market cap of $137.19 billion, a price-to-earnings ratio of -32.43 and a beta of 0.18.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Longer term, fund managers argue that elevated government debt, currency depreciation and geopolitical instability should support gold’s eventual rally. Gold miners are also generating strong cash flow at high bullion prices, potentially reinforcing investor interest in the gold complex. War in Iran, higher energy prices are only delaying gold’s rally to $5,000
• Positive Sentiment: Recent reports of record precious-metals demand and continued investor interest in gold ETFs provide a longer-term demand cushion, even as higher yields and rate expectations weigh on prices. Royal Mint sees record silver and platinum sales
• Neutral Sentiment: Analysts are watching the key $4,000-per-ounce support level and the upcoming Fed decision. A stabilization there could improve GLD’s outlook, while a decisive break could extend the decline. Gold Faces Geopolitical Pressure Despite 10-Year Real Yield Drop
• Negative Sentiment: Crude oil’s rise amid intensifying Hormuz and Iran tensions is reviving inflation fears and expectations for additional Fed tightening. Higher rates increase the opportunity cost of holding non-yielding gold. Precious metals tumble as Hormuz tensions intensify
• Negative Sentiment: U.S. weekly jobless claims fell more than expected to a three-month low, suggesting a resilient labor market and potentially giving the Fed more room to keep policy restrictive. Gold prices under pressure as jobless claims fall
• Negative Sentiment: Meta’s increased AI spending triggered a broader technology-related liquidation and risk reduction, contributing to unusually sharp gold selling despite lower real Treasury yields. Gold dives as Meta boosts AI spending

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.