SPDR Gold Shares $GLD Shares Acquired by Syon Capital LLC

Syon Capital LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 13.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,808 shares of the exchange traded fund’s stock after purchasing an additional 4,758 shares during the period. Syon Capital LLC’s holdings in SPDR Gold Shares were worth $14,664,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. City Holding Co. grew its position in SPDR Gold Shares by 41.6% in the 2nd quarter. City Holding Co. now owns 22,914 shares of the exchange traded fund’s stock valued at $8,441,000 after buying an additional 6,733 shares in the last quarter. DDFG Inc raised its position in shares of SPDR Gold Shares by 57.5% during the 2nd quarter. DDFG Inc now owns 48,753 shares of the exchange traded fund’s stock worth $17,959,000 after buying an additional 17,793 shares in the last quarter. Crescent Grove Advisors LLC raised its position in shares of SPDR Gold Shares by 25.3% during the 4th quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock worth $6,230,000 after buying an additional 3,175 shares in the last quarter. Arcus Capital Partners LLC lifted its stake in shares of SPDR Gold Shares by 90.3% in the 1st quarter. Arcus Capital Partners LLC now owns 8,442 shares of the exchange traded fund’s stock worth $3,633,000 after acquiring an additional 4,005 shares during the period. Finally, Cidel Asset Management Inc. lifted its stake in shares of SPDR Gold Shares by 69.8% in the 1st quarter. Cidel Asset Management Inc. now owns 3,368 shares of the exchange traded fund’s stock worth $1,449,000 after acquiring an additional 1,384 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Gold prices rallied as Treasury yields retreated and Federal Reserve Governor Christopher Waller adopted a less-hawkish tone, improving the appeal of non-yielding bullion. Softer labor-market signals also supported expectations that interest-rate pressure could ease. Gold price nears $4,500 as jobs data, Waller ease yield pressure
• Positive Sentiment: Central banks bought a net 23 tonnes of gold in July, led by China and Poland, reinforcing the long-term demand story for GLD’s underlying asset. Central banks add 23 net tonnes of gold in July
• Positive Sentiment: Societe Generale, Schroders and RBC remain constructive on gold, citing central-bank accumulation, de-dollarization, debt, inflation and geopolitical uncertainty. Goldman Sachs also projects gold near $4,900 an ounce by year-end. Goldman Sachs sees gold at $4,900 by year-end
• Positive Sentiment: The Netherlands moved roughly 86 tonnes of gold from New York and Ottawa to London for crisis preparedness. Although this does not directly increase gold demand, the move highlights heightened concern about geopolitical and financial-system risks—an environment generally supportive of safe-haven assets. Dutch central bank moves gold bars
• Neutral Sentiment: Technical analysts see a potential breakout toward $4,852 and beyond, but Friday’s U.S. payrolls report remains the next major catalyst for gold and GLD. Gold Price Forecast: Breakout Targets $4,852 and Beyond
• Negative Sentiment: August’s ISM Services PMI exceeded expectations, while elevated 10-year Treasury yields continue to raise gold’s opportunity cost. A stronger payrolls report could revive rate-hike expectations and pressure bullion. Gold price after ISM Services PMI rises

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $410.22 on Friday. The firm has a 50 day simple moving average of $388.30 and a 200-day simple moving average of $414.67. The stock has a market capitalization of $144.85 billion, a PE ratio of -32.43 and a beta of 0.19. SPDR Gold Shares has a 12-month low of $325.35 and a 12-month high of $509.70.

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.