Mosaic Family Wealth Partners LLC Buys 7,272 Shares of SPDR Gold Shares $GLD

Mosaic Family Wealth Partners LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 382.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 9,175 shares of the exchange traded fund’s stock after purchasing an additional 7,272 shares during the quarter. Mosaic Family Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $3,948,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $25,000. Chapman Financial Group LLC bought a new position in shares of SPDR Gold Shares in the 2nd quarter worth $26,000. Timmons Wealth Management LLC bought a new position in shares of SPDR Gold Shares in the 4th quarter worth $26,000. Vestwell Advisors LLC acquired a new stake in SPDR Gold Shares in the 3rd quarter valued at $27,000. Finally, Eukles Asset Management acquired a new stake in SPDR Gold Shares in the 4th quarter valued at $27,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 1.0%

Shares of GLD stock opened at $378.18 on Friday. The firm has a fifty day simple moving average of $400.42 and a two-hundred day simple moving average of $426.56. SPDR Gold Shares has a 12 month low of $300.95 and a 12 month high of $509.70. The firm has a market capitalization of $132.63 billion, a PE ratio of -32.43 and a beta of 0.17.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Gold traded higher as the U.S. dollar and Treasury yields eased, while renewed fighting in the Middle East boosted demand for safe-haven assets. Update: Gold Moves Higher as Dollar, Yields Drop as Middle East Fighting Resumes
• Positive Sentiment: Gold reclaimed support above $4,100 an ounce and pushed to session highs after weaker U.S. existing home sales data, reinforcing expectations that the metal can attract fresh momentum. Gold price pushes to session highs as U.S. existing home sales drop 2.4%
• Positive Sentiment: Several market strategists said the recent pullback looks like a pause in a longer-term bull market, arguing that central bank buying and portfolio demand continue to support gold and gold-backed funds like GLD. Gold had a rough Q2, but central bank demand will push prices higher through 2026 – Invesco
• Neutral Sentiment: Analysts remain mixed on the near-term setup, with some saying gold may stay rangebound through the summer unless it breaks key resistance levels. Gold prices will be rangebound through the summer – Metals Focus
• Negative Sentiment: Hawkish Federal Reserve minutes, firmer Treasury yields, and rising oil prices have recently pressured gold by increasing the opportunity cost of holding bullion and reviving inflation concerns. Gold slides as Fed minutes, Hormuz oil spike lift yields – Kitco PM Report
• Negative Sentiment: ETF outflows in June show some investors have been reducing gold exposure as expectations for higher rates weigh on sentiment, which could limit upside for GLD if bond yields stay elevated. Investors flee gold ETFs in June as hawkish Fed expectations drive liquidation

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.