FARMERS & MERCHANTS TRUST Co OF LONG BEACH lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 55.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,225 shares of the exchange traded fund’s stock after selling 1,500 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in SPDR Gold Shares were worth $485,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. WPG Advisers LLC acquired a new stake in shares of SPDR Gold Shares in the 4th quarter worth about $25,000. Hopwood Financial Services Inc. acquired a new stake in shares of SPDR Gold Shares in the 3rd quarter worth about $27,000. Vestwell Advisors LLC acquired a new stake in shares of SPDR Gold Shares in the 3rd quarter worth about $27,000. USA Financial Formulas acquired a new stake in shares of SPDR Gold Shares in the 4th quarter worth about $31,000. Finally, Networth Advisors LLC acquired a new stake in shares of SPDR Gold Shares in the 4th quarter worth about $34,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
GLD opened at $433.25 on Monday. SPDR Gold Shares has a fifty-two week low of $291.78 and a fifty-two week high of $509.70. The firm has a market capitalization of $160.69 billion, a PE ratio of -32.43 and a beta of 0.20. The company’s 50-day moving average is $446.89 and its 200 day moving average is $419.07.
Key Stories Impacting SPDR Gold Shares
- 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 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.
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