WealthCare Asset Management LLC Invests $12.12 Million in SPDR Gold Shares $GLD

WealthCare Asset Management LLC acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, Holdings Channel reports. The fund acquired 30,579 shares of the exchange traded fund’s stock, valued at approximately $12,119,000. SPDR Gold Shares accounts for about 8.1% of WealthCare Asset Management LLC’s portfolio, making the stock its 3rd largest holding.

Several other hedge funds have also made changes to their positions in the business. Morgan Stanley boosted its holdings in shares of SPDR Gold Shares by 22.4% during the fourth quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock worth $5,506,229,000 after purchasing an additional 2,539,266 shares during the last quarter. First Eagle Investment Management LLC boosted its holdings in SPDR Gold Shares by 2.7% in the third quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock valued at $899,764,000 after acquiring an additional 66,416 shares during the last quarter. Bank of Montreal Can acquired a new position in SPDR Gold Shares in the third quarter valued at $556,282,000. Ameriprise Financial Inc. boosted its holdings in SPDR Gold Shares by 3.4% in the third quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock valued at $554,139,000 after acquiring an additional 50,756 shares during the last quarter. Finally, Barclays PLC boosted its holdings in SPDR Gold Shares by 1.4% in the third quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock valued at $400,037,000 after acquiring an additional 15,932 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.3%

Shares of SPDR Gold Shares stock opened at $397.63 on Wednesday. The business’s fifty day moving average price is $420.20 and its 200 day moving average price is $428.23. The stock has a market capitalization of $144.62 billion, a P/E ratio of -32.43 and a beta of 0.14. SPDR Gold Shares has a twelve month low of $299.89 and a twelve month high of $509.70.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Gold rallied after the U.S. and Iran reached a truce, which eased inflation fears, pushed oil prices lower, and helped drive gold higher. Gold Sharply Higher As the U.S. and Iran Reach a Truce, Easing Inflation Worries
• Positive Sentiment: Central banks are expected to increase gold reserves, with a World Gold Council survey showing more reserve managers want to bring bullion home or diversify storage amid geopolitical risk. That supports long-term demand for gold-backed funds like GLD. Central banks are bringing gold reserves home as geopolitical risks rise
• Positive Sentiment: Analysts at Barclays and other market observers remain constructive on gold, citing persistent inflation, policy uncertainty, and strong central bank demand as reasons prices could stay elevated or move higher. Barclays sees gold hitting $4,791 in 2026, $4,900 in 2027 as Iran correction fades, structural drivers reemerge
• Neutral Sentiment: Some commentary says GLD remains the default gold ETF because of its liquidity and tight spreads, but another fund offers lower-cost exposure to the same metal, which could create modest competitive pressure over time. Forget GLD. The Same Gold Costs 75% Less in This Fund
• Neutral Sentiment: Gold is still consolidating near key technical levels as traders wait for the Federal Reserve decision and clearer inflation/rate signals, so near-term momentum may be choppy. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce

SPDR Gold Shares 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.