Castle Wealth Management LLC Acquires 1,250 Shares of SPDR Gold Shares $GLD

Castle Wealth Management LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 203.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,863 shares of the exchange traded fund’s stock after acquiring an additional 1,250 shares during the quarter. Castle Wealth Management LLC’s holdings in SPDR Gold Shares were worth $738,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. First Eagle Investment Management LLC grew its stake in shares of SPDR Gold Shares by 2.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock worth $899,764,000 after acquiring an additional 66,416 shares in the last quarter. Bank of Montreal Can bought a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $556,282,000. Ameriprise Financial Inc. grew its stake in shares of SPDR Gold Shares by 3.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock worth $554,139,000 after acquiring an additional 50,756 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Gold Shares by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock worth $434,701,000 after acquiring an additional 35,619 shares in the last quarter. Finally, Barclays PLC grew its stake in shares of SPDR Gold Shares by 1.4% during the 3rd quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock worth $400,037,000 after acquiring an additional 15,932 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 0.8%

NYSEARCA GLD opened at $437.91 on Friday. The company has a market cap of $161.02 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12 month low of $287.23 and a 12 month high of $509.70. The stock has a 50 day moving average of $450.36 and a 200-day moving average of $411.79.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: U.S. inflation data and tense ceasefire talks weighed on the dollar and pushed bullion higher, a direct positive for GLD’s NAV and investor demand. Update: Gold Climbs as a U.S. Inflation Measure Rose in February, While the U.S. and Iran Dispute Ceasefire Terms
• Positive Sentiment: GLD has recently seen significant inflows, with a reported $511M pickup — direct ETF buying supports GLD shares and indicates investor allocation to gold. Daily ETF Flows: GLD Scoops Up $511M
• Positive Sentiment: World Gold Council data show central banks (including Poland, Uzbekistan and China) buying large volumes in March — steady official demand is a structural tailwind for gold and for GLD. Central banks snap up cheap gold in March with Poland, Uzbekistan and China buying big – World Gold Council
• Positive Sentiment: State Street projects a long-term upside for gold (price targets above current levels), which can encourage allocation into gold ETFs like GLD from institutional investors. State Street sees gold pushing above $5,000 despite near-term headwinds
• Positive Sentiment: Analysts and note-writers argue gold ETFs still have room to attract flows due to safe-haven demand, central-bank buying and geopolitical risks — supportive for GLD demand. Gold ETFs May Still Have More to Offer: Don’t Look Away Yet
• Neutral Sentiment: Technical and near-term forecasts point to upside levels (e.g., tests of $4,800) if dollar and yields stay weak, but these are conditional moves—useful for traders but not guarantees for long-term holders. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests $4800 As Dollar Retreats
• Negative Sentiment: Advisors warn short-term tactical risks remain elevated (liquidity, deleveraging and episodic selloffs). A sustained rise in real yields or a full resolution to geopolitical risk could remove drivers supporting risk-off flows into GLD. Short-term tactical risks remain elevated, but gold prices can still push higher in the next 12 months – BCA’s Ibrahim

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.