AMG National Trust Bank decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 99,402 shares of the exchange traded fund’s stock after selling 2,465 shares during the period. SPDR Gold Shares makes up approximately 0.9% of AMG National Trust Bank’s investment portfolio, making the stock its 28th largest holding. AMG National Trust Bank’s holdings in SPDR Gold Shares were worth $39,394,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Caldwell Trust Co raised its position in shares of SPDR Gold Shares by 6.7% in the 4th quarter. Caldwell Trust Co now owns 2,322 shares of the exchange traded fund’s stock valued at $920,000 after purchasing an additional 145 shares during the last quarter. Strategic Blueprint LLC grew its position in SPDR Gold Shares by 2.6% during the 4th quarter. Strategic Blueprint LLC now owns 30,755 shares of the exchange traded fund’s stock worth $12,188,000 after purchasing an additional 789 shares during the last quarter. Opus Capital Group LLC grew its position in SPDR Gold Shares by 2.8% during the 4th quarter. Opus Capital Group LLC now owns 1,118 shares of the exchange traded fund’s stock worth $443,000 after purchasing an additional 30 shares during the last quarter. Boyer Financial Services Inc. acquired a new position in SPDR Gold Shares during the 4th quarter valued at approximately $207,000. Finally, Arlington Trust Co LLC increased its stake in SPDR Gold Shares by 29.2% during the 4th quarter. Arlington Trust Co LLC now owns 7,201 shares of the exchange traded fund’s stock valued at $2,854,000 after purchasing an additional 1,629 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares News Summary
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Tokenized-gold adoption and World Gold Council standardization efforts support longer-term demand for gold-backed vehicles, a structural positive for GLD. Tokenized gold poised for further growth as World Gold Council pushes market standardization, says Gold Token SA CEO
- Positive Sentiment: Analysts note that an extended ceasefire or lingering uncertainty could bolster medium-term gold demand, which can support GLD if risk events re-intensify. Extended ceasefire only prolongs market uncertainty, gold’s medium-term prospects strengthen while silver demand slides – Heraeus
- Neutral Sentiment: Technical setups are at an inflection — gold is consolidating under key moving averages and could either resume the rally or extend the pullback; this leaves GLD sensitive to short-term trading flows. Gold (XAU/USD) Price Forecast: Breakout or Breakdown Technical Inflection Point
- Neutral Sentiment: WSJ reports Iran offered to halt Strait of Hormuz attacks in exchange for concessions — the proposal reduces tail-risk if it progresses, but markets are still digesting details, leaving mixed near-term direction for GLD. Gold Edges Higher as Investors Assess Iran’s Proposal to U.S.
- Negative Sentiment: Broad safe-haven sell-off: coverage highlights gold’s first sustained pullback in months and weakness in gold-sector indices, pressuring GLD shares tied to spot performance. Gold’s Worst Pullback in Months Is Here. Here’s Why Safe-Haven Assets Are Sliding
- Negative Sentiment: Dollar and Fed dynamics: several reports note gold easing as the dollar and higher-for-longer rate expectations regain traction, a headwind for GLD. Gold Falls Amid Dollar’s Strength
- Negative Sentiment: Crude/oil-driven policy risk: rising crude has pushed back the “rate-cut” narrative, strengthening the higher-for-longer Fed view and weighing on gold futures and GLD. Gold News: June Gold Futures Price Weakens as Crude Oil Kills the Rate Cut Trade
- Negative Sentiment: Chart-based selling and intraday technical pressure have triggered short-term liquidations in bullion vehicles, amplifying downward moves in GLD. Gold, silver sell off on chart-based pressure
SPDR Gold Shares Trading Down 0.8%
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.
Read More
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.
