8,900 Shares in SPDR Gold Shares $GLD Acquired by Overbrook Management Corp

Overbrook Management Corp acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,900 shares of the exchange traded fund’s stock, valued at approximately $3,527,000.

A number of other hedge funds have also recently bought and sold shares of GLD. Capital Asset Advisory Services LLC increased its stake in shares of SPDR Gold Shares by 3.8% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $614,000 after buying an additional 54 shares during the period. BOS Asset Management LLC raised its position in shares of SPDR Gold Shares by 1.3% during the fourth quarter. BOS Asset Management LLC now owns 6,879 shares of the exchange traded fund’s stock worth $2,726,000 after acquiring an additional 88 shares during the last quarter. Appleton Partners Inc. MA lifted its stake in shares of SPDR Gold Shares by 16.6% during the fourth quarter. Appleton Partners Inc. MA now owns 4,141 shares of the exchange traded fund’s stock valued at $1,641,000 after acquiring an additional 591 shares during the period. Murphy Middleton Hinkle & Parker Inc. acquired a new position in shares of SPDR Gold Shares during the fourth quarter valued at $3,197,000. Finally, SG Americas Securities LLC boosted its holdings in SPDR Gold Shares by 25.4% in the fourth quarter. SG Americas Securities LLC now owns 657,871 shares of the exchange traded fund’s stock valued at $260,721,000 after acquiring an additional 133,404 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Down 2.3%

SPDR Gold Shares stock opened at $404.04 on Tuesday. The business’s 50-day simple moving average is $456.88 and its 200 day simple moving average is $404.82. The stock has a market cap of $153.58 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12-month low of $272.58 and a 12-month high of $509.70.

Key Stories Impacting SPDR Gold Shares

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

  • Positive Sentiment: Short-lived relief after reports that talks between the U.S. and Iran showed signs of progress briefly reversed some selling, giving speculative buyers a follow-through bounce. Article Title
  • Neutral Sentiment: Coverage of alternate gold ETFs (GLDM) and technical intra-day levels may draw short-term trader interest but are unlikely to change the broader trend for GLD. Article Title
  • Negative Sentiment: GLD extended a nine-session losing streak — down roughly 15% over that span — its worst nine-day performance since 2008, highlighting concentrated ETF selling pressure. Article Title
  • Negative Sentiment: Options-market “skew” tied to GLD hit multi-year highs as traders position for further downside, indicating asymmetric bearish bets and increased demand for downside protection. Article Title
  • Negative Sentiment: Macro drivers — stronger dollar, surging Treasury yields and a hawkish Fed path — are reducing demand for non-yielding gold, pushing prices toward multi-month lows and pressuring GLD. Article Title
  • Negative Sentiment: Analysts and data point to liquidity-driven sales and possible central-bank reductions in reserve accumulation, amplifying the selloff and undermining the safe-haven narrative. Article Title
  • Negative Sentiment: Broad market impact pieces note gold’s worst weekly/monthly performance in years and miners’ shares plunging — signaling sustained sentiment shift away from gold that typically dampens GLD demand. Article Title

SPDR Gold Shares Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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