Capitolis Liquid Global Markets LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 77,670 shares of the exchange traded fund’s stock, valued at approximately $30,781,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in GLD. WPG Advisers LLC bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $25,000. Chapman Financial Group LLC bought a new position in shares of SPDR Gold Shares during the second quarter valued at approximately $26,000. Timmons Wealth Management LLC bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $26,000. Vestwell Advisors LLC bought a new position in shares of SPDR Gold Shares during the third quarter valued at approximately $27,000. Finally, Eukles Asset Management bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $27,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Down 2.3%
Shares of SPDR Gold Shares stock opened at $388.60 on Thursday. The company has a market cap of $141.33 billion, a PE ratio of -32.43 and a beta of 0.14. The business has a 50 day moving average of $419.42 and a 200 day moving average of $428.27. SPDR Gold Shares has a 52 week low of $299.89 and a 52 week high of $509.70.
Trending Headlines about SPDR Gold Shares
- Positive Sentiment: Wells Fargo said gold still has room to run, calling current prices an attractive entry point as inflation risks and fiscal deficits support the long-term case for the metal. Gold’s bull market has room to run as inflation risks, fiscal deficits support prices – Wells Fargo
- Positive Sentiment: A World Gold Council survey showed record expectations for central banks to increase gold holdings, reinforcing demand from the official sector. Record 45% of central banks plan to increase gold holdings, WGC survey finds
- Positive Sentiment: Several reports highlighted gold’s safe-haven appeal as geopolitical tensions, inflation worries, and softer Treasury yields continue to support demand. Central banks are bringing gold reserves home as geopolitical risks rise
- Neutral Sentiment: Some technical analysts said gold remains in a choppy consolidation phase, with traders waiting for clearer signals from rates, inflation, and the Fed before the next major move. Gold (XAU/USD) Price Forecast: Downtrend Holds as Resistance Strengthens
- Negative Sentiment: Gold retreated after the Fed’s policy statement and hawkish projections, with markets reacting to the possibility of tighter policy later this year, which is a headwind for GLD. Gold drops below $4,300/oz as Fed votes 12-0 in favor of rate hold, but nearly half of policymakers see a rate hike in 2026
- Negative Sentiment: Strong U.S. retail sales and a firmer dollar also weighed on gold intraday, adding to the downside pressure on the ETF. Update: Gold Edges Down As Dollar Steadies On Strong U.S. Retail Sales Report Ahead Of Fed’s Rate Decision
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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