Nvest Financial LLC Raises Stock Holdings in SPDR Gold Shares $GLD

Nvest Financial LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 32.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 12,703 shares of the exchange traded fund’s stock after acquiring an additional 3,111 shares during the quarter. SPDR Gold Shares comprises approximately 2.1% of Nvest Financial LLC’s holdings, making the stock its 14th largest holding. Nvest Financial LLC’s holdings in SPDR Gold Shares were worth $5,034,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in shares of SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after acquiring an additional 1,903 shares during the last quarter. Bison Wealth LLC increased its stake in SPDR Gold Shares by 77.8% during the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in SPDR Gold Shares during the first quarter worth approximately $16,014,000. Schnieders Capital Management LLC. raised its position in SPDR Gold Shares by 4.8% during 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 purchasing an additional 275 shares during the period. Finally, Prudential Financial Inc. purchased a new stake in SPDR Gold Shares during the second quarter valued at approximately $337,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $407.87 on Thursday. The firm has a market capitalization of $148.34 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The business has a 50 day simple moving average of $425.00 and a 200-day simple moving average of $427.19. SPDR Gold Shares has a 1 year low of $299.89 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: Central banks resumed net gold buying in April, purchasing 17 tonnes led by Poland and China, reinforcing a structural source of demand for bullion. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
• Positive Sentiment: Several reports noted that ongoing U.S.-Iran tensions and broader geopolitical uncertainty continue to support gold’s safe-haven appeal, even as prices have been volatile. Gold Price Analysis – Gold Drifts Lower on Wednesday
• Neutral Sentiment: The European Central Bank highlighted gold’s role as an important reserve asset, a reminder that official-sector demand remains a key long-term theme for bullion. Central banks see gold as the reserve asset of choice – ECB report
• Negative Sentiment: Gold slid as traders priced in a more hawkish Fed outlook, with analysts saying rising rate-hike fears, higher yields, and a stronger dollar are weighing on non-yielding metals. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike
• Negative Sentiment: Better-than-expected U.S. ISM services data and ADP employment figures pointed to a resilient economy, which reduced urgency for Fed easing and pushed gold lower. Gold off session lows after ISM Services PMI rises to 54.5 in May
• Negative Sentiment: Technical commentary from multiple outlets said gold is breaking down or testing key support levels, suggesting near-term downside pressure may continue if buyers do not step back in. Gold (XAU/USD) Price Forecast: Bearish Structure Tests Key Support Zones

SPDR Gold Shares Company 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.