SPDR Gold Shares $GLD is GKV Capital Management Co. Inc.’s 7th Largest Position

GKV Capital Management Co. Inc. boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.1% in the fourth quarter, HoldingsChannel reports. The fund owned 18,762 shares of the exchange traded fund’s stock after acquiring an additional 1,401 shares during the period. SPDR Gold Shares accounts for 2.8% of GKV Capital Management Co. Inc.’s portfolio, making the stock its 7th biggest holding. GKV Capital Management Co. Inc.’s holdings in SPDR Gold Shares were worth $7,436,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of GLD. Calder Financial LLC purchased a new position in SPDR Gold Shares in the fourth quarter worth about $807,000. Empirical Asset Management LLC grew its stake in shares of SPDR Gold Shares by 256.7% in the third quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock worth $12,941,000 after acquiring an additional 26,197 shares during the period. Colonial Trust Advisors grew its stake in shares of SPDR Gold Shares by 7.6% in the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock worth $7,010,000 after acquiring an additional 1,385 shares during the period. Ervin Investment Management LLC bought a new stake in shares of SPDR Gold Shares in the fourth quarter worth approximately $7,178,000. Finally, MB Generational Wealth LLC bought a new stake in shares of SPDR Gold Shares in the third quarter worth approximately $407,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares News Summary

Here are the key news stories impacting SPDR Gold Shares this week:

• Positive Sentiment: Central banks resumed net gold buying in April, purchasing 17 tonnes led by Poland and China, reinforcing a structural source of demand for bullion. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
• Positive Sentiment: Several reports noted that ongoing U.S.-Iran tensions and broader geopolitical uncertainty continue to support gold’s safe-haven appeal, even as prices have been volatile. Gold Price Analysis – Gold Drifts Lower on Wednesday
• Neutral Sentiment: The European Central Bank highlighted gold’s role as an important reserve asset, a reminder that official-sector demand remains a key long-term theme for bullion. Central banks see gold as the reserve asset of choice – ECB report
• Negative Sentiment: Gold slid as traders priced in a more hawkish Fed outlook, with analysts saying rising rate-hike fears, higher yields, and a stronger dollar are weighing on non-yielding metals. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike
• Negative Sentiment: Better-than-expected U.S. ISM services data and ADP employment figures pointed to a resilient economy, which reduced urgency for Fed easing and pushed gold lower. Gold off session lows after ISM Services PMI rises to 54.5 in May
• Negative Sentiment: Technical commentary from multiple outlets said gold is breaking down or testing key support levels, suggesting near-term downside pressure may continue if buyers do not step back in. Gold (XAU/USD) Price Forecast: Bearish Structure Tests Key Support Zones

SPDR Gold Shares Stock Down 1.0%

Shares of GLD stock opened at $407.87 on Thursday. The company has a 50 day moving average price of $425.00 and a 200-day moving average price of $427.19. SPDR Gold Shares has a 52 week low of $299.89 and a 52 week high of $509.70. The firm has a market capitalization of $148.34 billion, a PE ratio of -32.43 and a beta of 0.15.

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.