Rathbones Group PLC Sells 1,868 Shares of SPDR Gold Shares $GLD

Rathbones Group PLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 205,882 shares of the exchange traded fund’s stock after selling 1,868 shares during the period. Rathbones Group PLC’s holdings in SPDR Gold Shares were worth $73,185,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Chapman Financial Group LLC bought a new stake in SPDR Gold Shares during the second quarter worth $26,000. Hopwood Financial Services Inc. bought a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $31,000. Traub Capital Management LLC acquired a new position in shares of SPDR Gold Shares during the 2nd quarter worth $34,000. Finally, Kilter Group LLC acquired a new position in shares of SPDR Gold Shares during the 2nd quarter worth $34,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 1.6%

Shares of GLD stock opened at $473.51 on Friday. The business has a fifty day simple moving average of $446.99 and a 200 day simple moving average of $393.81. The company has a market cap of $179.98 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a twelve month low of $265.64 and a twelve month high of $509.70.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Weak US employment and retail data have supported gold as investors dial back Fed‑cut hopes and real yields fall, a driver helping GLD demand. Gold Rebounds As Non Farm Payrolls Miss Estimates
• Positive Sentiment: Ongoing geopolitical risk in the Middle East continues to prompt safe‑haven buying intermittently, supporting GLD flows when tensions spike. Gold Above $5,000 as US-Iran War Fuels Volatility
• Positive Sentiment: Rising oil and renewed inflation fears can boost gold as an inflation hedge, a tailwind for GLD if energy‑driven price pressure persists. Rising Oil, Sticky Inflation and the Fed Cloud the Outlook
• Neutral Sentiment: Technical intraday chop continues — multiple outlets note short‑term patterns and resistance levels that keep trading rangebound; this raises volatility but not a clear directional bias. Gold Continues to See Intraday Pattern
• Neutral Sentiment: Weekly analysis flags a possible pullback that some analysts view as a buying opportunity — important for traders sizing entries but not an immediate sentence for GLD’s trend. Gold Weekly Price Analysis – Gold Sees Trouble for the Week
• Negative Sentiment: Flows into gold ETFs showed a large one‑day outflow (the biggest in about a decade), directly pressuring GLD’s AUM and putting short‑term downward pressure on the share price. World’s largest Gold ETF sees largest 1-day outflow in a decade
• Negative Sentiment: Several technical studies point to bearish wedge breakouts and key support tests; combined with a stronger dollar and rising bond yields, these technical and macro headwinds could drive further downside for GLD if they persist. Wedge Breakout Suggests Further Downside
• Negative Sentiment: Some market reports note gold slipping despite geopolitical tensions as traders focus on Fed signals and oil‑driven inflation swings — a reminder that safe‑haven flows can be inconsistent. Gold slips despite geopolitical tensions

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.