World Investment Advisors grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 23.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,778 shares of the exchange traded fund’s stock after buying an additional 6,151 shares during the quarter. World Investment Advisors’ holdings in SPDR Gold Shares were worth $12,990,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of GLD. WPG Advisers LLC purchased a new position in SPDR Gold Shares during the 4th quarter valued at about $25,000. Chapman Financial Group LLC purchased a new position in SPDR Gold Shares during the 2nd quarter valued at about $26,000. Hopwood Financial Services Inc. purchased a new position in SPDR Gold Shares during the 3rd quarter valued at about $27,000. Vestwell Advisors LLC purchased a new position in SPDR Gold Shares during the 3rd quarter valued at about $27,000. Finally, USA Financial Formulas purchased a new position in SPDR Gold Shares during the 4th quarter valued at about $31,000. 42.19% of the stock is owned by institutional investors.
More SPDR Gold Shares News
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Gold remains supported by inflation pressure and geopolitical uncertainty, with some analysts still forecasting upside toward $5,000/oz and beyond if those tailwinds persist. Gold and Silver Technical Analysis: $5,000 Breakout in Focus as XAGUSD Eyes $100
- Positive Sentiment: India raised gold and silver import tariffs, which could tighten supply and support prices if the policy dampens imports. India Raises Gold, Silver Tariffs to Curb Imports
- Positive Sentiment: Several reports said gold ETFs continued to see inflows, indicating ongoing investor demand for the metal despite inflation worries. Global gold ETFs see fresh inflows despite rising inflation risks
- Neutral Sentiment: Technical commentary repeatedly highlighted gold testing support near $4,700–$4,702, suggesting the ETF may stay volatile as traders look for direction around this key level. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Tests $4,700 Support, Silver Hits $84.10 — Next Break?
- Neutral Sentiment: Gold was also described as holding around a major resistance zone, reinforcing that the near-term move depends on whether buyers can break through overhead technical barriers. Gold (XAU/USD) Price Forecast: Resistance Zone Tests Market Direction
- Negative Sentiment: Hot U.S. CPI data lifted Treasury yields and the dollar, which typically weighs on gold and likely contributed to the recent weakness in GLD. Gold News: Gold Price Retreats as Hot CPI Strengthens Dollar and Yields
- Negative Sentiment: Multiple market updates said gold slipped as CPI data, rising yields, and a stronger dollar reduced expectations for near-term Fed rate cuts. Gold slips, silver firms as CPI lifts yields and dollar – Kitco PM Report
SPDR Gold Shares Stock Down 0.4%
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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