Permanent Capital Management LP Purchases Shares of 10,032 SPDR Gold Shares $GLD

Permanent Capital Management LP purchased a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,032 shares of the exchange traded fund’s stock, valued at approximately $3,566,000. SPDR Gold Shares makes up approximately 0.7% of Permanent Capital Management LP’s portfolio, making the stock its 17th biggest position.

Several other hedge funds have also recently modified their holdings of the stock. Chapman Financial Group LLC purchased a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $26,000. Kilter Group LLC acquired a new stake in shares of SPDR Gold Shares during the second quarter worth $34,000. Traub Capital Management LLC purchased a new stake in shares of SPDR Gold Shares during the second quarter valued at $34,000. Legacy Wealth Managment LLC ID increased its position in shares of SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 46 shares during the period. Finally, First Command Advisory Services Inc. purchased a new position in SPDR Gold Shares in the 2nd quarter worth $43,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $416.74 on Monday. The stock has a 50-day moving average of $384.10 and a two-hundred day moving average of $345.66. The stock has a market cap of $150.82 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a one year low of $239.58 and a one year high of $418.45.

More SPDR Gold Shares News

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

• Positive Sentiment: Gold hit fresh record highs around $4,550/oz and FXEmpire notes buyers remain in control, supporting continued ETF inflows into GLD. Gold (XAU/USD) Price Forecast: Rally Extends to Fresh Highs as Buyers Maintain Control
• Positive Sentiment: Analysts and coverage (Kitco/Goldman Sachs) are bullish on gold’s multi‑year breakout — Goldman projects spot to reach ~$4,900/oz in Q4 2026 — which supports a longer‑term case for GLD accumulation. “Gold remains our single favorite long commodity,” spot price to reach $4,900/oz in Q4 2026 – Goldman Sachs
• Positive Sentiment: Technical breakout commentary and weekly outlooks (FXEmpire/Kitco/WSJ) show sustained momentum and safe‑haven buying (weaker dollar, geopolitical risk), a near‑term tailwind for GLD. Gold Weekly Price Outlook – Gold Breaks Out for the Week
• Neutral Sentiment: Zacks highlights that silver ETFs have had an even stronger run and could outperform in 2026 due to industrial demand and supply deficits — this could limit relative flows into GLD versus silver ETPs. Gold Or Silver ETFs: What Could Rally More in 2026?
• Neutral Sentiment: Sector capital activity: a gold miner (U.S. Gold Corp) completed a $31.2M raise — indicates continued investor interest in the gold space but is more relevant to miners than to GLD. U.S. Gold Corp raises $31M to advance gold project – ICYMI
• Negative Sentiment: Several reports warn of overbought readings and short‑term pullback risk (FXEmpire, Kitco): analysts flag potential retracements that could trigger temporary outflows from GLD even as the long‑term trend remains up. Gold News: Gold Analysis Highlights Pullback Risk Despite Long-Term Bullish Trend

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.