Wise Wealth Partners cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 8.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,250 shares of the exchange traded fund’s stock after selling 1,293 shares during the period. SPDR Gold Shares comprises about 8.1% of Wise Wealth Partners’ investment portfolio, making the stock its 2nd biggest position. Wise Wealth Partners’ holdings in SPDR Gold Shares were worth $5,647,000 as of its most recent filing with the SEC.
Several other hedge funds have also bought and sold shares of the stock. Bank of Montreal Can bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at $556,282,000. Corient Private Wealth LLC boosted its stake 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 worth $327,500,000 after acquiring an additional 559,507 shares during the period. Teacher Retirement System of Texas grew its position in shares of SPDR Gold Shares by 103.7% during the fourth quarter. Teacher Retirement System of Texas now owns 568,900 shares of the exchange traded fund’s stock worth $225,461,000 after purchasing an additional 289,550 shares in the last quarter. iA Global Asset Management Inc. purchased a new position in SPDR Gold Shares in the 3rd quarter worth approximately $77,873,000. Finally, SG Americas Securities LLC grew its holdings in SPDR Gold Shares by 25.4% during the 4th quarter. SG Americas Securities LLC now owns 657,871 shares of the exchange traded fund’s stock valued at $260,721,000 after buying an additional 133,404 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
Shares of GLD opened at $431.04 on Friday. The stock has a market capitalization of $159.87 billion, a PE ratio of -32.43 and a beta of 0.20. The company’s fifty day moving average is $447.48 and its 200 day moving average is $417.90. SPDR Gold Shares has a fifty-two week low of $291.78 and a fifty-two week high of $509.70.
SPDR Gold Shares News Summary
- Positive Sentiment: Central-bank buying remains a tailwind: analysts note monthly official purchases (reported ~60 tonnes/month), which underpin physical demand and support bullion and GLD over the medium term. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Geopolitical and central-bank demand create dip-buying opportunities: reports highlight China and other buyers stepping in on pullbacks, keeping a floor under prices and GLD flows. Gold demand anchored in mispriced risk as China buying signals ‘dip’ opportunity
- Neutral Sentiment: Recent selloff may be profit-taking rather than a regime change: coverage suggests funds and traders trimmed positions after a strong run, implying the pullback could be temporary if macro risks re‑intensify. Gold Funds Have Dipped. Are They Still a Good Hedge in This Market?
- Neutral Sentiment: GLD vs. equities: some coverage notes GLD has recently outpaced the S&P, reflecting its role as a portfolio diversifier even amid short-term weakness. That relative performance can attract defensive flows. GLD outpaces S&P 500 as gold outlook splits analysts
- Negative Sentiment: Oil spike lifts inflation and delays rate-cut hopes, pushing yields and the dollar higher—this dynamic reduces non‑yielding gold’s appeal and has pressured prices and GLD flows. Gold News: Gold Price Future Clouded by Oil Spike and Rate Outlook
- Negative Sentiment: Technical weakness: analysts point to a wedge breakdown and failed moving-average support, flagging downside targets that could prolong short-term selling pressure on GLD. Gold (XAU/USD) Price Forecast: Wedge Breakdown Signals Further Weakness
- Negative Sentiment: Price action: gold recently hit a two‑week low as oil reclaimed $100+/barrel, reinforcing inflation and rate‑for‑longer fears—this near‑term backdrop is a headwind for GLD. Gold hits two-week low: are rising oil prices to blame?
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.
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