Aspire Private Capital LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 11.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,443 shares of the exchange traded fund’s stock after selling 1,211 shares during the quarter. Aspire Private Capital LLC’s holdings in SPDR Gold Shares were worth $3,742,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. Hopwood Financial Services Inc. purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at about $27,000. Vestwell Advisors LLC purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $27,000. USA Financial Formulas purchased a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $31,000. Chapman Financial Group LLC acquired a new position in SPDR Gold Shares during the second quarter worth approximately $26,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in SPDR Gold Shares during the third quarter worth approximately $31,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Gold Shares Stock Up 1.7%
NYSEARCA:GLD opened at $437.82 on Thursday. The company has a market cap of $166.42 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm’s 50 day moving average is $455.37 and its two-hundred day moving average is $408.38. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70.
Trending Headlines about SPDR Gold Shares
- Positive Sentiment: FXEmpire technical analysis says gold has strengthened above key moving averages and is targeting a confluence resistance zone between $4,874 and $5,000 if support holds — bullish momentum that supports GLD flows. Gold (XAU/USD) Price Forecast: Bullish Recovery Eyes $5,000 Confluence Zone
- Positive Sentiment: Another FXEmpire piece highlights a rally toward a $4,850–$5,028 resistance cluster as the U.S. dollar weakens — dollar softness tends to lift GLD. Gold (XAUUSD) Price Forecast: Gold Price Targets $4850.68–$5028.04 Resistance Cluster
- Positive Sentiment: Kitco and other reports note gold and silver rallies on USDX selling off and dips in bond yields — macro drivers that typically lift GLD’s NAV and investor demand. Gold, silver extend price rallies amid weaker USDX, dip in bond yields
- Positive Sentiment: Market reaction to Fed comments (Powell signaling patience) and news of a potential de‑escalation in the Middle East pushed bullion higher — a direct support for GLD fund flows. Gold Jumps 2.4% as Fed Signals Patience, Trump Weighs Iran War End
- Neutral Sentiment: Investopedia notes gold’s disappointing Q1 but says Wall Street maintains forecasts — suggests longer-term analyst support even after short-term weakness. Gold Had a Disappointing First Quarter. Here’s Why Wall Street Is Sticking to Its Forecasts
- Neutral Sentiment: Options piece (Barchart) highlights GLD as a candidate for collar strategies — useful tactical idea for investors wanting exposure with downside protection. A ‘Golden’ Way to Trade the Volatility in Gold Prices for Low-Risk, High-Reward
- Neutral Sentiment: Reuters reports Tether cut two recently hired gold traders — a market-structure item without clear direct impact on GLD flows. Tether cuts two gold traders hired three months ago, source says
- Negative Sentiment: Kitco contributor Avi Gilburt warns technical risks could trigger a deeper correction toward $3,800 — a sharp downside scenario that would weigh on GLD. Gold faces deeper correction toward $3,800 as technical risks build – Avi Gilburt
- Negative Sentiment: CNBC notes gold is on track for its worst month since 2008 as the Iran war continues — persistent macro/geopolitical pressure that can keep investor caution elevated. Gold on track for worst month since 2008 as Iran war drags on
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.
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