Evexia Wealth LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 13.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,255 shares of the exchange traded fund’s stock after acquiring an additional 1,903 shares during the period. SPDR Gold Shares comprises approximately 2.0% of Evexia Wealth LLC’s portfolio, making the stock its 22nd biggest holding. Evexia Wealth LLC’s holdings in SPDR Gold Shares were worth $6,924,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of GLD. True Vision MN LLC boosted its position in SPDR Gold Shares by 3.2% in the fourth quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock worth $304,000 after purchasing an additional 24 shares during the last quarter. Burns J W & Co. Inc. NY increased its position in shares of SPDR Gold Shares by 0.7% during the 4th quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock valued at $1,387,000 after purchasing an additional 25 shares during the last quarter. PFS Partners LLC raised its stake in shares of SPDR Gold Shares by 2.4% during the 4th quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock worth $427,000 after purchasing an additional 25 shares during the period. Boston Standard Wealth Management LLC raised its stake in shares of SPDR Gold Shares by 2.8% during the 4th quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock worth $375,000 after purchasing an additional 26 shares during the period. Finally, Mccarter Private Wealth Services LLC boosted its holdings in shares of SPDR Gold Shares by 3.2% in the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after buying an additional 27 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.
Key SPDR Gold Shares News
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Central banks remained net buyers of gold in February, supporting demand for bullion-backed ETFs like GLD. Central banks remain net gold buyers in February despite rising geopolitical
- Positive Sentiment: Major banks and strategists continue to call for medium-term upside in gold on Middle East risk and diversification flows, which supports GLD as a safe‑haven holding. Gold set for new highs as Middle East conflict reshapes precious metals outlook, leading bank says
- Positive Sentiment: HSBC strategists reiterated a bullish medium-to-long term view on gold for diversification and safe‑haven flows, supporting ETF demand. ‘We remain bullish on gold over the medium to long term’ on diversification, safe-haven flows – HSBC’s Sels and Lu
- Neutral Sentiment: Technical notes: some analysts see support near short- and mid-term moving averages that could trigger a rebound if yields/dollar stabilize; others warn a break below the 50‑day MA would extend weakness. Gold (XAU/USD) Price Forecast: Buyers Eye Recovery Above Key Moving Averages
- Neutral Sentiment: ETF industry commentary and long-term ETF lists highlight GLD as a long‑term allocation tool despite near‑term volatility. 5 Good ETFs to Buy and Hold for the Long Term
- Negative Sentiment: Dollar strength and a rise in Treasury yields have pressured gold prices intraday, reducing demand for GLD as investors favor cash and rates-sensitive assets. Update: Gold Falls as the Dollar Rises After Trump Threatens to Escalate Attacks on Iran
- Negative Sentiment: Comments from U.S. leadership suggesting a longer, tougher Iran campaign relieved some immediate safe‑haven demand and sparked profit‑taking across metals and miners, amplifying pressure on GLD. Hochschild and Fresnillo slip as gold price knocked by Trump speech on Iran
- Negative Sentiment: Analysts warn that rising yields approaching key thresholds (near 5%) could tighten financial conditions and cap gold’s upside until rates stabilize. The 5% Yield Level Could Change Everything
SPDR Gold Shares Stock Performance
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.
Further Reading
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