Union Bancaire Privee UBP SA Reduces Stock Holdings in SPDR Gold Shares $GLD

Union Bancaire Privee UBP SA decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 59.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,123 shares of the exchange traded fund’s stock after selling 90,867 shares during the period. Union Bancaire Privee UBP SA’s holdings in SPDR Gold Shares were worth $25,035,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Jim Saulnier & Associates LLC bought a new stake in SPDR Gold Shares during the 1st quarter valued at approximately $213,000. Sterling Capital Management LLC boosted its position in shares of SPDR Gold Shares by 20.5% during the first quarter. Sterling Capital Management LLC now owns 675 shares of the exchange traded fund’s stock valued at $290,000 after purchasing an additional 115 shares in the last quarter. FLP Wealth Management LLC grew its stake in SPDR Gold Shares by 0.8% in the first quarter. FLP Wealth Management LLC now owns 16,781 shares of the exchange traded fund’s stock worth $7,221,000 after purchasing an additional 136 shares during the period. Creative Capital Management Investments LLC raised its holdings in SPDR Gold Shares by 40.1% in the first quarter. Creative Capital Management Investments LLC now owns 381 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 109 shares in the last quarter. Finally, River Street Advisors LLC lifted its position in SPDR Gold Shares by 18.3% during the first quarter. River Street Advisors LLC now owns 1,036 shares of the exchange traded fund’s stock valued at $446,000 after buying an additional 160 shares during the period. Institutional investors own 42.19% of the company’s stock.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Gold gained ground as the U.S. dollar pulled back from recent highs and Treasury yields eased, helping precious metals recover from pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Ground As Dollar Moves Away From Yearly Highs
• Positive Sentiment: Gold found support around the key $4,000 level and bounced as traders bought the dip after recent weakness. Gold Price Analysis – Gold Attempting to Bounce from $4000 Region
• Positive Sentiment: Weaker inflation expectations and slightly better consumer sentiment supported a move higher in spot gold during Friday trading. Spot gold hits session high near 4080/oz after final Consumer Sentiment rises to 49.5, one-year and long-term inflation expectations ease
• Neutral Sentiment: Some analysts still see gold’s longer-term structure as constructive, supported by central bank buying and continued industrial demand in related metals. Gold (XAUUSD) & Silver Price Forecast: Gold Retests $4,010 as Silver Breaks $56.50 Amid Ceasefire — Bearish Turn?
• Negative Sentiment: Multiple market reports warned that gold remains under pressure from a strong dollar, hawkish Fed expectations, and resilient U.S. data, with some analysts calling for deeper downside. Gold (XAU/USD) Price Forecast: Trendline Break Signals Bearish Extension
• Negative Sentiment: Other commentary suggested gold could still fall further, with prices struggling below $4,000 and bearish outlooks pointing to continued downside if support fails. Gold Declines; Prices Could Have Further to Fall

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $373.63 on Friday. SPDR Gold Shares has a 1 year low of $299.89 and a 1 year high of $509.70. The firm has a 50-day moving average of $411.07 and a 200 day moving average of $427.51. The stock has a market cap of $135.89 billion, a P/E ratio of -32.43 and a beta of 0.14.

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.