SPDR Gold Shares $GLD Shares Acquired by CI Investments Inc.

CI Investments Inc. lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,142 shares of the exchange traded fund’s stock after purchasing an additional 1,625 shares during the quarter. CI Investments Inc.’s holdings in SPDR Gold Shares were worth $3,961,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Chapman Financial Group LLC purchased a new position in SPDR Gold Shares during the 2nd quarter worth $26,000. Hopwood Financial Services Inc. purchased a new position in SPDR Gold Shares during the third quarter worth about $27,000. Steigerwald Gordon & Koch Inc. acquired a new stake in SPDR Gold Shares in the third quarter valued at about $31,000. Traub Capital Management LLC purchased a new stake in SPDR Gold Shares in the 2nd quarter valued at approximately $34,000. Finally, Kilter Group LLC purchased a new stake in SPDR Gold Shares in the 2nd quarter valued at approximately $34,000. 42.19% of the stock is owned by institutional investors and hedge funds.

Key SPDR Gold Shares News

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

• Positive Sentiment: Geopolitical risk from the U.S.–Iran conflict is propping up safe-haven demand for gold and boosting interest in gold ETFs, supporting GLD’s inflows and price. Gold Edges Higher Amid Ongoing U.S.-Iran Conflict
• Positive Sentiment: Reports show investors pouring into gold ETFs as the Iran conflict increases the appeal of funds like GLD, directly supporting the ETF’s assets under management. Investors pour into gold ETFs as Iran conflict adds to the funds’ appeal
• Positive Sentiment: Market commentary highlights a broader “flight to safety” that has been lifting gold-backed funds and the gold sector, a macro tailwind for GLD. Markets Seek Shelter as Gold Shines Brightest
• Positive Sentiment: China’s push to build a Hong Kong gold hub and new market infrastructure could expand physical demand and regional market liquidity over time, a structural positive for gold ETFs. China ramps efforts establish Hong Kong gold hub with major moves in public, private miners and new market infrastructure
• Neutral Sentiment: Intra-day commentary notes rebounds after earlier sell-offs and buyers stepping in on dips; this supports short-term trading interest in GLD but may not change the overarching trend. Gold Trading Higher as Global Markets Calm and U.S. Private Sector Hiring Rose
• Neutral Sentiment: Technical intraday levels and analyst price-entry notes provide guidance for active traders; useful for short-term positioning but do not alter fundamental drivers. Gold market analysis for March 4 – key intra-day price entry levels for active traders
• Negative Sentiment: Technical studies show bearish wedge breakdowns and tests of the 50-day MA; such patterns increase the risk of short-term pullbacks for GLD if momentum fades. Gold (XAU/USD) Price Forecast: Bearish Wedge Signal Support Test
• Negative Sentiment: Rising U.S. yields and a stronger dollar—driven by shifting Fed rate-cut expectations—are pressuring gold and could cap GLD’s gains or trigger further volatility. Gold News: Gold Market Wobbles as FedWatch Slashes June Rate Cut to 33.5%
• Negative Sentiment: Retail interest appears to be shifting from GLD to other forms of gold exposure (coins, search activity), which could slow retail ETF inflows if sustained. Gold Is Up 17% This Year but Reddit Just Shifted From Buying GLD to Googling Coins
• Negative Sentiment: Data showing a drop in central-bank purchases (month-to-month) is a cautionary note on one important source of demand, though broader sovereign buying remains diversified. Central bank gold demand drops 82% from 2025 average in January, but sovereign demand base broadens – World Gold Council

SPDR Gold Shares Trading Up 0.8%

Shares of GLD stock opened at $471.80 on Thursday. The company has a market cap of $179.33 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The stock has a 50 day simple moving average of $444.77 and a 200-day simple moving average of $391.52. SPDR Gold Shares has a 12-month low of $265.64 and a 12-month high of $509.70.

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.