First Horizon Corp Acquires New Shares in SPDR Gold Shares $GLD

First Horizon Corp bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 74,888 shares of the exchange traded fund’s stock, valued at approximately $26,620,000. SPDR Gold Shares makes up approximately 1.3% of First Horizon Corp’s portfolio, making the stock its 16th largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GLD. Chapman Financial Group LLC acquired a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of SPDR Gold Shares during the third quarter worth $31,000. Traub Capital Management LLC bought a new stake in SPDR Gold Shares in the 2nd quarter valued at $34,000. Kilter Group LLC acquired a new position in SPDR Gold Shares in the 2nd quarter worth $34,000. Finally, First Command Advisory Services Inc. acquired a new position in SPDR Gold Shares in the 2nd quarter worth $43,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $414.47 on Monday. The firm has a market cap of $154.60 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The stock’s 50-day moving average is $390.08 and its 200-day moving average is $352.26. SPDR Gold Shares has a one year low of $245.15 and a one year high of $418.45.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Cooling U.S. labor market reduced Fed-tightening expectations, helping push spot gold above $4,500 and strengthening the bull case for GLD. Gold breaks $4,500 as a cooling labor market strengthens bull case
• Positive Sentiment: Weaker-than-expected December payrolls (50k vs. forecast 65k) triggered dip-buying in gold—momentum buying after NFP supports GLD near-term. Gold Price Outlook – Gold Continues to See Buyers After NFP
• Positive Sentiment: U.S. housing starts fell sharply, reinforcing recession/slowdown fears and safe-haven demand that lifted spot gold — a direct tailwind for GLD. Spot gold shoots to $4,490/oz after U.S. housing starts fall
• Positive Sentiment: HSBC projects gold could reach ~$5,050/oz in H1 2026 (with a possible H2 correction), which supports a longer-term bullish narrative for GLD holdings. Gold price could reach $5,050/oz in H1 2026, but H2 correction could be deeper – HSBC
• Neutral Sentiment: Geopolitical tensions continue to underpin gold’s safe-haven appeal, providing steady support to GLD even as markets weigh other data. Gold Steady, Underpinned by Geopolitical Risks
• Neutral Sentiment: Longer-term performance writeups (e.g., 5‑year returns for a $1,000 investment in GLD) reinforce GLD’s role as a portfolio hedge but are less likely to move the price intraday. $1000 Invested In SPDR Gold Shares 5 Years Ago Would Be Worth This Much Today
• Negative Sentiment: Index rebalancing could force roughly $6.8B of futures liquidation (Jan 9–15), creating short-term selling pressure and raising the risk of a pullback for GLD. Gold (XAUUSD) Price Forecast: Gold Price Set for Pullback as $6.8B Rebalancing Begins Jan 9
• Negative Sentiment: Stronger U.S. dollar and profit-taking have caused intraday pullbacks in recent sessions; continued dollar strength would likely weigh on gold and GLD. Gold and Silver Technical Analysis: Key Support Levels Tested Amid US Dollar Rebound

About SPDR Gold Shares

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.