SPDR Gold Shares $GLD Holdings Trimmed by Glenmede Trust Co. NA

Glenmede Trust Co. NA lowered its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 3.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,380 shares of the exchange traded fund’s stock after selling 6,678 shares during the period. Glenmede Trust Co. NA’s holdings in SPDR Gold Shares were worth $82,779,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Corient Private Wealth LLC grew its stake in SPDR Gold Shares by 571.3% during the 4th quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock valued at $1,565,118,000 after acquiring an additional 3,360,966 shares in the last quarter. Morgan Stanley grew its holdings in shares of SPDR Gold Shares by 22.4% during the 4th quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock valued at $5,506,229,000 after acquiring an additional 2,539,266 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of SPDR Gold Shares during the 4th quarter valued at $474,952,000. Marino Management LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth $438,475,000. Finally, Diamant Asset Management Inc. raised its stake in shares of SPDR Gold Shares by 42,929.0% during the 1st quarter. Diamant Asset Management Inc. now owns 697,070 shares of the exchange traded fund’s stock worth $299,942,000 after purchasing an additional 695,450 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares News Summary

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 Stock Down 1.5%

NYSEARCA GLD opened at $371.54 on Friday. SPDR Gold Shares has a 12-month low of $302.86 and a 12-month high of $509.70. The company has a 50 day moving average price of $383.90 and a two-hundred day moving average price of $422.48. The stock has a market capitalization of $131.38 billion, a PE ratio of -32.43 and a beta of 0.17.

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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