Apella Capital LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 98.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,164 shares of the exchange traded fund’s stock after purchasing an additional 9,021 shares during the quarter. Apella Capital LLC’s holdings in SPDR Gold Shares were worth $7,199,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. Chapman Financial Group LLC purchased a new stake in SPDR Gold Shares in the second quarter valued at approximately $26,000. Hopwood Financial Services Inc. purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $27,000. Vestwell Advisors LLC purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $31,000. Finally, USA Financial Formulas purchased a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
Trending Headlines about SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Dollar softened after reports the U.S. offered a 45‑day ceasefire, briefly lifting gold and supporting GLD as safety flows returned. Gold Edges Higher as the Dollar Weakened After the U.S. Offers Iran a 45-Day Ceasefire
- Positive Sentiment: Technical buyers are active around key gold levels (pivot near $4,700/oz), which can prop up GLD on short‑term rallies if that level holds. Gold (XAUUSD) & Silver Price Forecast: Gold Eyes $4,700 as Truce Rumors Cool Safe-Haven Bid
- Neutral Sentiment: Merrill says core demand drivers (jewelry, central bank buying, ETF demand) should reassert after the Iran war shock fades—a medium‑term tailwind but not an immediate catalyst. Gold’s demand drivers ‘should once again reassert themselves’ after Iran war shock fades – Merrill’s Avioli
- Neutral Sentiment: Bank of France’s tactical sell-and-buyback of a 129‑tonne U.S. gold reserve shows central banks remain active in gold allocation strategies—interesting for longer‑term flows but not an immediate price driver for GLD. Bank of France sells its 129-tonne US gold reserve, then buys it back in Europe for tidy $15 billion profit
- Negative Sentiment: Ceasefire/ truce talk can reduce the safe‑haven premium that pushed gold higher earlier in the Iran conflict, trimming gold’s gains and weighing on GLD. Gold Trims Losses Near $4,630 As Ceasefire Talks Offset 12% War Drop
- Negative Sentiment: Strength in the U.S. dollar and rising short‑term rate expectations caps gold’s upside; several reports note dollar/rate dynamics remain the dominant headwind for bullion and GLD. Gold Falls Amid Dollar Strength, Inflation Worries (WSJ)
- Negative Sentiment: Oil‑driven inflation risks could push rate expectations higher, which historically pressures gold—this macro risk is cited as a cap on any sustained breakout. Gold (XAUUSD) Price Forecast: Oil Surge Caps Gold Breakout as Inflation Risk Builds
SPDR Gold Shares Stock Down 0.4%
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.
Featured Stories
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
