1,274 Shares in SPDR Gold Shares $GLD Bought by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, HoldingsChannel.com reports. The fund bought 1,274 shares of the exchange traded fund’s stock, valued at approximately $521,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLD. Bank of Montreal Can acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth about $556,282,000. Corient Private Wealth LLC increased its position in shares of SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after acquiring an additional 559,507 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at about $99,996,000. Flow Traders U.S. LLC raised its holdings in SPDR Gold Shares by 276.0% during the second quarter. Flow Traders U.S. LLC now owns 304,814 shares of the exchange traded fund’s stock worth $92,916,000 after acquiring an additional 223,744 shares in the last quarter. Finally, iA Global Asset Management Inc. bought a new stake in SPDR Gold Shares during the third quarter worth about $77,873,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $416.29 on Thursday. The stock has a 50 day moving average price of $456.34 and a 200 day moving average price of $405.41. The stock has a market capitalization of $158.23 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $272.58 and a 52 week high of $509.70.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Middle East de‑escalation hopes (U.S. proposed 15‑point plan) trimmed geopolitical risk and lifted safe‑haven demand, supporting bullion and GLD. Gold Jumps 2.8% After US Proposes 15-Point Middle East Plan
• Positive Sentiment: Falling U.S. Treasury yields and a softer dollar reduced opportunity cost for holding gold, helping bullion‑linked ETFs like GLD. Update: Gold Rises Off a Near Three-Month Low as Treasury Yields Drop
• Positive Sentiment: Technical buying around the 200‑day moving average and short‑covering after a sharp selloff have fueled a rebound that traders say could extend if key resistance levels break. Gold (XAU/USD) Price Forecast: Rebound Tests Key Resistance Levels
• Positive Sentiment: Large asset inflows and record AUM bolster GLD’s liquidity and investor confidence—publications note GLD recently crossed ~ $180–181B in assets, a structural tailwind for the ETF. GLD Just Hit $180 Billion in Assets. Here Is the ETF That Actually Made Investors More Money
• Neutral Sentiment: Fee competition: Goldman’s AAAU charges materially lower fees than GLD and is highlighted as an alternative, but both funds have tracked gold closely and showed similar returns over the past year, so flows could shift slowly. The Battle of the Gold ETFs: Is AAAU Better Than GLD?
• Negative Sentiment: Macro risks remain: a resumption of Fed hawkishness or renewed rise in Treasury yields and the dollar would pressure gold prices and GLD. Analysts flag gold’s recent bear‑market slide and vulnerability to rate dynamics. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Hopes vs. Fed Hawks – Gold at Risk?
• Negative Sentiment: Structural selling and retail‑driven forced liquidations have been cited as major drivers of the recent steep drawdown in gold; that dynamic could keep volatility and downside risk elevated for GLD until selling subsides. Precious metals price declines stem from retail pile-in, safe haven and debasement trades remain intact – Brookings’ Brooks

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.