Midwest Trust Co Acquires 1,431 Shares of SPDR Gold Shares $GLD

Midwest Trust Co raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.8% during the first quarter, according to its most recent filing with the SEC. The firm owned 22,611 shares of the exchange traded fund’s stock after purchasing an additional 1,431 shares during the period. Midwest Trust Co’s holdings in SPDR Gold Shares were worth $9,729,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GLD. Brighton Jones LLC boosted its stake in shares of SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after purchasing an additional 1,903 shares in the last quarter. Bison Wealth LLC raised its stake in SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after buying an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in SPDR Gold Shares in the first quarter worth approximately $16,014,000. Schnieders Capital Management LLC. lifted its holdings in SPDR Gold Shares by 4.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock worth $1,829,000 after buying an additional 275 shares during the period. Finally, Prudential Financial Inc. purchased a new stake in SPDR Gold Shares during the second quarter worth $337,000. Institutional investors own 42.19% of the company’s stock.

Key SPDR Gold Shares News

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

• Positive Sentiment: Central-bank buying continues to provide a floor for gold, with Poland adding 82 tons and other major buyers said to be “buying the dip,” reinforcing long-term demand for the metal. Poland Buys 82 Tons of Gold as Prices Fall Over 10%
• Positive Sentiment: Some traders see gold carving out a bottom after last month’s selloff, and several forecasts say renewed support above the $4,000–$4,100 area could help bulls regain momentum if inflation data or broader risk sentiment turns favorable. Gold struggles around $4,100 as markets await CPI and Warsh’s Capitol Hill debut
• Neutral Sentiment: Technical analysts say GLD is at a key inflection point, with gold testing trend resistance after a sharp correction; the next move depends on whether buyers can reclaim critical chart levels. Gold (XAU/USD) Price Forecast: Can Bulls Reclaim Critical Trend Resistance?
• Neutral Sentiment: Gold is also being capped by rising yields and dollar strength, which have weighed on the metal through much of the week and kept ETF sentiment cautious. Gold Defends $4,000 Level as Strong Dollar Caps Gains
• Negative Sentiment: Recent reports highlight that gold moved lower as Treasury yields rose, signaling continued headwinds for GLD if real rates stay elevated and investors keep rotating out of defensive assets. Update: Gold Moves Lower as Treasury Yields Rise

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $377.01 on Monday. SPDR Gold Shares has a 12-month low of $300.95 and a 12-month high of $509.70. The stock’s fifty day simple moving average is $399.61 and its two-hundred day simple moving average is $426.34. The stock has a market capitalization of $132.37 billion, a PE ratio of -32.43 and a beta of 0.17.

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.