Deltec Asset Management LLC Makes New $1.33 Million Investment in SPDR Gold Shares $GLD

Deltec Asset Management LLC acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,350 shares of the exchange traded fund’s stock, valued at approximately $1,328,000.

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

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Central banks continue to buy substantial amounts of gold each month, supporting physical demand and providing structural support for GLD. Gold (XAUUSD) & Silver Price Forecast
• Positive Sentiment: Record cash flow at major miner Newmont highlights robust mining-sector fundamentals and continued investor interest in gold-related assets, which can support sentiment toward GLD. Gold Faces Headwinds From Calmer Markets, Yet Newmont’s Record Cash Flow Tells Another Story
• Neutral Sentiment: Consumer sentiment ticked up while one‑year inflation expectations eased slightly—an ambiguous signal that has given spot gold short-lived support but not a clear directional cue. Spot gold at session highs after Consumer Sentiment ticks up to 49.8
• Neutral Sentiment: Analysts debate whether recent fund outflows are profit-taking or a structural shift; this keeps short-term flows into/out of GLD uncertain. Gold Funds Have Dipped. Are They Still a Good Hedge in This Market?
• Negative Sentiment: Technical analysts highlight a rising‑wedge/wedge breakdown and failed moving‑average support, signaling near‑term downside targets for bullion—an immediate headwind for GLD. Gold (XAU/USD) Price Forecast: Rising Wedge Breakdown Pressure Builds
• Negative Sentiment: Stronger U.S. dollar and rising Treasury yields (driven by higher oil and delayed rate‑cut expectations) are reducing gold’s appeal as a non‑yielding asset, pressuring GLD in the near term. Gold News: Gold Price Future Clouded by Oil Spike and Rate Outlook
• Negative Sentiment: Large sovereign selling—Azerbaijan’s Q1 sale of nearly 22 tonnes—adds supply into the market and can weigh on bullion prices and GLD if such sales continue. Azerbaijan’s state oil fund sells nearly 22 tonnes gold Q1

SPDR Gold Shares Stock Performance

GLD opened at $433.25 on Monday. The stock has a market cap of $160.69 billion, a price-to-earnings ratio of -32.43 and a beta of 0.20. The stock’s 50 day moving average price is $446.89 and its 200-day moving average price is $419.07. SPDR Gold Shares has a one year low of $291.78 and a one year high of $509.70.

SPDR Gold Shares Company 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.