SPDR Gold Shares $GLD Stock Position Cut by Hamilton Wealth LLC

Hamilton Wealth LLC trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 9.7% during the first quarter, HoldingsChannel.com reports. The firm owned 44,895 shares of the exchange traded fund’s stock after selling 4,799 shares during the period. SPDR Gold Shares makes up about 3.7% of Hamilton Wealth LLC’s portfolio, making the stock its 10th biggest holding. Hamilton Wealth LLC’s holdings in SPDR Gold Shares were worth $19,318,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in GLD. Prepared Retirement Institute LLC increased its stake in shares of SPDR Gold Shares by 1.6% in the fourth quarter. Prepared Retirement Institute LLC now owns 1,328 shares of the exchange traded fund’s stock worth $526,000 after buying an additional 21 shares during the last quarter. Hughes Financial Services LLC boosted its stake in SPDR Gold Shares by 3.4% during the 4th quarter. Hughes Financial Services LLC now owns 667 shares of the exchange traded fund’s stock valued at $264,000 after acquiring an additional 22 shares during the last quarter. Steigerwald Gordon & Koch Inc. boosted its stake in SPDR Gold Shares by 28.7% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 112 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 25 shares during the last quarter. Leisure Capital Management grew its holdings in SPDR Gold Shares by 1.9% during the 4th quarter. Leisure Capital Management now owns 1,371 shares of the exchange traded fund’s stock worth $543,000 after acquiring an additional 25 shares in the last quarter. Finally, Parr Mcknight Wealth Management Group LLC grew its holdings in SPDR Gold Shares by 3.3% during the 4th quarter. Parr Mcknight Wealth Management Group LLC now owns 772 shares of the exchange traded fund’s stock worth $306,000 after acquiring an additional 25 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

GLD opened at $371.54 on Monday. The company has a 50-day moving average of $383.90 and a 200-day moving average of $422.48. The company has a market capitalization of $131.38 billion, a P/E ratio of -32.43 and a beta of 0.17. SPDR Gold Shares has a 1-year low of $302.86 and a 1-year high of $509.70.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: The World Gold Council reported stronger central-bank gold purchases in the second quarter, while Asian buying remained resilient. This provides a constructive long-term demand backdrop for GLD. Gold, Silver Price Forecast: World Gold Council Reports Strong Central Bank Buying
• Positive Sentiment: Analysts increasingly view gold near $4,000 as an attractive value level, suggesting solid technical and investor support despite the Federal Reserve’s tightening bias. Gold has value at $4,000 as investors look beyond Fed hawkishness
• Neutral Sentiment: Gold remains confined to roughly the $4,000–$4,200 range, with traders awaiting clearer signals on Middle East developments and interest rates. The consolidation limits near-term direction for GLD. Gold Weekly Price Analysis
• Neutral Sentiment: Institutional investor Alexander Labrunerie & Co. increased its GLD holdings by 19.1% in the first quarter. The purchase is supportive but relatively small compared with the ETF’s overall asset base. Alexander Labrunerie & Co. Acquires Shares of SPDR Gold Shares
• Negative Sentiment: Thirty-year Treasury yields climbed to levels last seen in 2007. Higher yields increase the opportunity cost of holding non-yielding gold and are the main immediate pressure on GLD. Gold Pulls Back as Treasury Yields Test New Highs
• Negative Sentiment: U.S. consumer sentiment improved more than expected while one-year inflation expectations eased. The combination reduced near-term demand for gold as an inflation hedge and pushed spot gold toward session lows. Spot Gold Near Session Lows After Consumer Sentiment Data
• Negative Sentiment: The Fed’s recent “hawkish hold” continues to keep rate-cut expectations uncertain, while firm yields and a stronger dollar have capped gold’s rebound. Analysts expect precious metals to remain range-bound until greater policy clarity emerges. Fed’s Hawkish Hold Stabilizes Gold and Silver

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.