FLP Wealth Management LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 20.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,645 shares of the exchange traded fund’s stock after acquiring an additional 2,782 shares during the quarter. SPDR Gold Shares makes up about 6.6% of FLP Wealth Management LLC’s holdings, making the stock its 6th largest position. FLP Wealth Management LLC’s holdings in SPDR Gold Shares were worth $6,597,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. True Vision MN LLC increased its holdings in shares of SPDR Gold Shares by 3.2% in the 4th quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock worth $304,000 after buying an additional 24 shares during the last quarter. Burns J W & Co. Inc. NY lifted its holdings in shares of SPDR Gold Shares by 0.7% during the 4th quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock worth $1,387,000 after acquiring an additional 25 shares during the last quarter. PFS Partners LLC lifted its holdings in shares of SPDR Gold Shares by 2.4% during the 4th quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock worth $427,000 after acquiring an additional 25 shares during the last quarter. Boston Standard Wealth Management LLC grew its position in SPDR Gold Shares by 2.8% in the fourth quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock worth $375,000 after acquiring an additional 26 shares in the last quarter. Finally, Mccarter Private Wealth Services LLC grew its position in SPDR Gold Shares by 3.2% in the third quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 27 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
GLD opened at $429.41 on Friday. The business’s fifty day simple moving average is $454.35 and its 200 day simple moving average is $409.15. SPDR Gold Shares has a 52 week low of $272.58 and a 52 week high of $509.70. The stock has a market cap of $157.34 billion, a PE ratio of -32.43 and a beta of 0.09.
Key Headlines Impacting SPDR Gold Shares
- Positive Sentiment: Daily ETF flows show fresh demand for GLD — the fund gathered about $550M on April 1, which supports spot-gold exposure and liquidity for GLD holders. Daily ETF Flows: GLD Gathers $550M
- Positive Sentiment: Central banks remain net buyers of gold, a structural demand tailwind that supports bullion and GLD over the medium term. Central banks remain net gold buyers
- Positive Sentiment: Technical/market bounce: some analysts note a short-term recovery in gold (weekly rebound, reclaiming moving-average support), which can stabilize GLD if momentum continues. Gold Weekly Price Analysis – Gold Continues to Fight Back
- Neutral Sentiment: ETF positioning vs. alternatives — coverage notes GLD offers superior liquidity and a low expense ratio vs. some peers (IAU, SGDM, SIL), meaning investors may prefer GLD for core gold exposure even as other funds outperform intermittently. GLD or IAU ETF pick
- Negative Sentiment: Macro headwinds: a spike in oil shifted the rate outlook higher, lifting inflation concerns and Treasury yields — this reduces gold’s safe-haven appeal and pressured prices. Gold Drops As Oil Spike Shifts Rate Outlook
- Negative Sentiment: Dollar and bond-yield strength ahead of key U.S. data (NFP) has applied near-term selling pressure on gold, which typically drags GLD lower while yields rise. Gold and Silver Technical Analysis: Prices Under Pressure
- Negative Sentiment: Minor institutional trimming: a small 13F disclosure shows Balboa Wealth Partners cut its GLD position (~15.8% of its holding), a modest signal but not large enough alone to move the market. Balboa Wealth Partners sells GLD
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.
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