Thompson Siegel & Walmsley LLC reduced its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 8.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 15,032 shares of the exchange traded fund’s stock after selling 1,441 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in SPDR Gold Shares were worth $5,957,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in GLD. Bank of Montreal Can acquired a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $556,282,000. Corient Private Wealth LLC lifted its holdings in SPDR Gold Shares by 108.1% during the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after buying an additional 559,507 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in SPDR Gold Shares by 1,158.4% during the 4th quarter. Axxcess Wealth Management LLC now owns 504,462 shares of the exchange traded fund’s stock worth $199,923,000 after buying an additional 464,376 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in SPDR Gold Shares by 103.7% during the 4th quarter. Teacher Retirement System of Texas now owns 568,900 shares of the exchange traded fund’s stock worth $225,461,000 after buying an additional 289,550 shares in the last quarter. Finally, Children s Medical Center Corp acquired a new stake in SPDR Gold Shares during the 4th quarter worth approximately $88,734,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Trading Down 1.4%
Shares of GLD opened at $411.26 on Tuesday. SPDR Gold Shares has a twelve month low of $299.89 and a twelve month high of $509.70. The firm’s fifty day simple moving average is $424.95 and its 200-day simple moving average is $426.83. The firm has a market capitalization of $149.58 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.
Key Headlines Impacting SPDR Gold Shares
- Positive Sentiment: China buying and continued safe-haven demand are supporting gold’s technical rebound, with some analysts saying gold defended key support and could extend gains if momentum improves. Gold (XAUUSD) & Silver Price Forecast: China Buying Supports Metals — Will XAU & XAG Extend Gains?
- Positive Sentiment: Longer-term bulls argue gold remains well supported because the Fed is caught between inflation, slowing growth, and rising debt concerns, which keeps the strategic case for gold intact. Fed trapped between inflation and debt crisis, and gold wins either way – Sprott’s McIntyre
- Neutral Sentiment: Gold was described as trapped between competing forces, with safe-haven demand offset by macro headwinds, leaving near-term direction uncertain. Gold Appears Trapped Between Two Powerful Narratives
- Negative Sentiment: Gold fell from a two-week high as oil prices rose, the dollar strengthened, and U.S.-Iran tensions kept markets focused on inflation risks rather than immediate rate cuts. Update: Gold Falls Off a Two-Week High as Oil Rises as the U.S. and Iran Trade Strikes
- Negative Sentiment: Spot gold also weakened after stronger-than-expected ISM manufacturing data pushed Treasury yields higher, reducing demand for gold as a non-yielding asset. Spot gold trades near $4,460/oz after ISM Manufacturing PMI rises 54
- Negative Sentiment: Several market updates said gold slipped as the dollar rose, oil jumped, and traders reduced bets on Federal Reserve rate cuts, which has weighed on bullion prices. Gold News: Rising Oil Prices Darken Gold Price Future Before Payrolls
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.
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