Waverton Investment Management Ltd increased its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 73,917 shares of the exchange traded fund’s stock after purchasing an additional 1,690 shares during the quarter. Waverton Investment Management Ltd’s holdings in SPDR Gold Shares were worth $26,272,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of GLD. Brighton Jones LLC raised its stake in SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after buying an additional 1,903 shares during the period. Bison Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 77.8% in the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in SPDR Gold Shares in the 1st quarter valued at $16,014,000. Schnieders Capital Management LLC. grew its position in SPDR Gold Shares by 4.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after purchasing an additional 275 shares during the period. Finally, Hantz Financial Services Inc. increased its stake in SPDR Gold Shares by 7.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 2,921 shares of the exchange traded fund’s stock valued at $890,000 after purchasing an additional 208 shares in the last quarter. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Trading Up 1.3%
SPDR Gold Shares stock opened at $483.75 on Monday. The firm has a market capitalization of $183.87 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s fifty day moving average price is $440.84 and its two-hundred day moving average price is $388.53. SPDR Gold Shares has a 1-year low of $261.25 and a 1-year high of $509.70.
SPDR Gold Shares News Roundup
- Positive Sentiment: Safe‑haven buying after joint U.S.–Israeli strikes on Iran sent gold prices sharply higher, directly supporting GLD as investors shift into bullion exposure. Gold Climbs Above $5,400 on Haven Demand as Middle East Tensions Flare Up
- Positive Sentiment: Broader market risk‑off (oil up, stocks down) is boosting demand for gold as a flight-to-safety asset, a primary reason GLD is higher today. Oil and Gold Jump, Stocks Slide as Conflict in Middle East Rocks Global Markets
- Positive Sentiment: Technical and macro commentators are forecasting continued upside for gold (multi‑thousand dollar targets cited), which can reinforce momentum and ETF inflows into GLD. Gold Analysis: $6,000 in Sight, $8,250 as the Macro Crisis Target
- Positive Sentiment: Market commentaries and trade desks flag a rally in gold and oil after the strikes, raising the probability of further safe‑haven flows into GLD. Wall Street Brunch: Oil, Gold Seen Rallying After Attacks On Iran
- Neutral Sentiment: Analysts note a bullish technical gap and upside targets, but these are conditional on geopolitics staying elevated; such forecasts can amplify moves but are not certain. Gold News: Gold Market Braces for Bullish Gap Opening as Safe-Haven Demand Surges
- Neutral Sentiment: Upcoming macro data (notably U.S. jobs) could shift risk sentiment quickly — a strong jobs print or calmer markets would reduce safe‑haven flows and add volatility to GLD. First Light News: Macro Week Ahead – US Jobs Data on Deck
- Neutral Sentiment: Commentary urging measured responses to the crisis reminds investors that rallies can be reactive and short‑lived; monitor flows and volatility rather than assuming a permanent regime shift. Expect Gold, Treasuries, and Other Safe Assets to Rise After Iran Attack. Why Investors Shouldn’t Panic.
- Neutral Sentiment: Company‑specific news for junior miners (e.g., Pinnacle Silver & Gold) is largely irrelevant to GLD’s performance; GLD moves are dominated by macro and geopolitical flows. Pinnacle Silver and Gold CEO discusses progress at El Potrero project – ICYMI
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.
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