IPG Investment Advisors LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 10.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,644 shares of the exchange traded fund’s stock after acquiring an additional 1,284 shares during the period. SPDR Gold Shares comprises approximately 0.9% of IPG Investment Advisors LLC’s portfolio, making the stock its 27th biggest holding. IPG Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $5,407,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently bought and sold shares of GLD. WPG Advisers LLC acquired a new position in SPDR Gold Shares during the fourth quarter worth $25,000. Chapman Financial Group LLC acquired a new position in SPDR Gold Shares during the second quarter worth $26,000. Hopwood Financial Services Inc. acquired a new position in SPDR Gold Shares during the third quarter worth $27,000. Vestwell Advisors LLC acquired a new position in SPDR Gold Shares during the third quarter worth $27,000. Finally, Eukles Asset Management acquired a new position in SPDR Gold Shares during the fourth quarter worth $27,000. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares Price Performance
SPDR Gold Shares stock opened at $408.49 on Thursday. The company has a market capitalization of $148.57 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a one year low of $299.89 and a one year high of $509.70. The company’s fifty day moving average price is $426.74 and its two-hundred day moving average price is $426.03.
Key Headlines Impacting SPDR Gold Shares
- Positive Sentiment: Some analysts remain constructive long term, with Rockefeller’s Doug Moglia saying gold’s secular bull market is still intact and could move much higher over the next several years. Gold will top $5,500 in 2027, could reach $10,000 by 2030, but silver’s upside will narrow – Rockefeller’s Moglia
- Positive Sentiment: Options activity in GLD leaned bullish, suggesting some traders are positioning for a rebound despite the recent pullback. A battle is brewing in the gold pits. Here are the winners and losers
- Neutral Sentiment: Gold remains volatile and is testing support near the $4,500 area, with traders focused on PCE inflation data, Federal Reserve signaling, and Middle East headlines for the next directional move. Gold and Silver Forecast: PCE Inflation and Iran Tensions Drive Next Move
- Neutral Sentiment: Recent reports point to strong physical demand for bullion, including record Royal Mint gold and silver sales, which supports the long-term case for gold-backed assets. Royal Mint sees record gold, silver bullion sales between January and March
- Negative Sentiment: Spot gold has fallen to a two-month low as crude oil prices eased and inflation fears cooled, reducing some of the demand for safe-haven assets. Update: Gold Trading at a Two-Month Low Even as Falling Oil Prices Ease Inflation Concerns
- Negative Sentiment: UBS cut its 2026 gold forecast to $5,500 an ounce from $5,900, citing elevated Treasury yields and a stronger U.S. dollar as reasons investors may prefer yield-bearing assets over gold. UBS lowers 2026 gold price forecast to $5,500/oz: ‘Markets are rediscovering the concept of opportunity cost’
- Negative Sentiment: Gold and silver are also being weighed down by record U.S. equity highs, a firmer dollar, and easing Middle East risk premium, which have reduced safe-haven buying. Gold tests $4,450 as stocks hit records, oil drops – Kitco PM Report
About SPDR Gold Shares
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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