Centennial Advisors LLC purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,935 shares of the exchange traded fund’s stock, valued at approximately $3,145,000. SPDR Gold Shares makes up about 4.1% of Centennial Advisors LLC’s holdings, making the stock its 4th largest position.
A number of other hedge funds and other institutional investors also recently bought and sold shares of GLD. Brighton Jones LLC raised its stake in SPDR Gold Shares by 20.4% in the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares in the last quarter. Bison Wealth LLC raised its stake in SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in SPDR Gold Shares in the first quarter valued at $16,014,000. Schnieders Capital Management LLC. raised its stake in SPDR Gold Shares by 4.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after buying an additional 275 shares in the last quarter. Finally, Prudential Financial Inc. acquired a new stake in SPDR Gold Shares in the second quarter valued at $337,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Performance
Shares of GLD stock opened at $434.53 on Thursday. The stock’s 50-day moving average is $451.52 and its two-hundred day moving average is $411.61. The firm has a market cap of $159.78 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 1 year low of $281.04 and a 1 year high of $509.70.
Key SPDR Gold Shares News
- Positive Sentiment: Ceasefire-driven rally: News of a U.S.–Iran ceasefire sparked a sharp move in risk assets that pushed the dollar lower and yields down, lifting gold and supporting GLD’s rise. Gold Trading Higher as the Dollar and Yields Drop Following the U.S.-Iran Ceasefire Agreement
- Positive Sentiment: ETF inflows into GLD: GLD recorded sizeable inflows ($511M reported), a direct boost to the ETF’s AUM and an immediate technical bid for the shares. Daily ETF Flows: GLD Scoops Up $511M
- Positive Sentiment: Central-bank demand remains supportive: Surveys and coverage show ongoing central-bank buying and interest in gold as an alternative reserve, underpinning longer-term demand for GLD exposure. Geopolitical risks pushing more central banks into gold – Central bank survey
- Neutral Sentiment: Macro/technical nuance: Analysts highlight that recent gains are driven largely by dollar weakness and macro uncertainty rather than a sudden shift in fundamentals; this supports interest but leaves sensitivity to macro cross-currents. Gold’s latest rally isn’t about war — it’s about what comes next
- Neutral Sentiment: Selloff context and fundamentals: World Gold Council and other commentary argue March’s weakness was liquidity/deleveraging rather than a breakdown in fundamentals, implying any pullbacks could be buying opportunities. Dissecting what really happened – and what didn’t – during gold’s Iran War selloff – World Gold Council
- Negative Sentiment: Technical correction risk: Some market-watchers warn of a near-term technical pullback after fast moves and call for caution as front-month futures may see corrections. Watch key moving averages and volume for confirmation. Gold Edges Lower on Likely Technical Correction
- Negative Sentiment: Choppy market & technical resistance: Several technical notes flag resistance near key moving averages and intermittent momentum fade, which could cap near-term upside absent fresh macro catalysts. Gold (XAU/USD) Price Forecast: Bullish Momentum Falters Above 20-Day MA
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.
See Also
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
