Your Advocates Ltd. LLP reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,778 shares of the exchange traded fund’s stock after selling 2,752 shares during the period. SPDR Gold Shares accounts for about 5.8% of Your Advocates Ltd. LLP’s holdings, making the stock its 8th biggest holding. Your Advocates Ltd. LLP’s holdings in SPDR Gold Shares were worth $17,746,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of GLD. Bank of Montreal Can purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $556,282,000. Corient Private Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 108.1% in the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after acquiring an additional 559,507 shares during the last quarter. Teacher Retirement System of Texas boosted its position in shares of SPDR Gold Shares by 103.7% during the 4th quarter. Teacher Retirement System of Texas now owns 568,900 shares of the exchange traded fund’s stock worth $225,461,000 after purchasing an additional 289,550 shares during the period. Children s Medical Center Corp acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at $88,734,000. Finally, iA Global Asset Management Inc. acquired a new position in SPDR Gold Shares during the 3rd quarter worth about $77,873,000. 42.19% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Central banks remain net buyers and structural supply/demand dynamics (large silver deficit, heavy central‑bank purchases of gold) support a longer‑term bull case for bullion and the GLD vehicle. Gold (XAUUSD) & Silver Price Forecast: Silver’s 762M Oz Drain – Structural Bull Case Intact?
- Positive Sentiment: Technical support: some analysts report stabilization above key Fibonacci levels (around $4,532 on XAUUSD) and identify potential rally targets near $4,800, which can spur short‑covering and bargain buying in GLD. Gold (XAUUSD) & Silver Price Forecast: $4,532 Holds – Is Gold’s Road to $4,800 Now Open?
- Neutral Sentiment: Valuation view: some outlets argue GLD (and IAU) may look attractively priced after an ~8% slide since the Iran war began, which could attract long‑term investors even as near‑term risks persist. Gold ETF Value Check: With Gold Down 8% Since the Iran War Began, Are GLD and IAU Fairly Valued at Current Levels?
- Neutral Sentiment: Intermittent rebounds tied to short‑term moves in the dollar and yields (e.g., dips in U.S. yields or a weaker dollar) are producing sporadic buying and technical recoveries that can lift GLD intraday. Gold Rises as the Dollar and Yields Fall After a Report Showed U.S. Inflation Continues to Run Hot
- Negative Sentiment: Energy/inflation shock: rising oil prices are increasing inflation expectations and pushing back market hopes for Fed rate cuts — a key headwind for gold and GLD because higher/longer rates raise real yields. Gold and Silver Technical Analysis: Oil Shock Keeps Metals Under Pressure
- Negative Sentiment: Fed stance and stronger dollar/real yields: commentary and data showing a higher‑for‑longer Fed outlook have lifted yields and the dollar, intensifying selling pressure on gold and weighing on GLD. Gold News: Gold Market Pressured by Fed Stance, Stronger Dollar, Fading Gold Breakout Hopes
- Negative Sentiment: Bearish positioning and technical setups: notable options trades (selling upside call exposure while buying puts on GLD) and technical breakdowns (bearish wedges, momentum toward support zones) signal increased downside risk and caution for GLD holders. A million-dollar gold bear emerges ahead of the Fed decision Gold (XAU/USD) Price Forecast: Rebound Faces Larger Bearish Setup
SPDR Gold Shares Stock Performance
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.
Further Reading
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