SPDR Gold Shares $GLD Stock Position Cut by MMA Asset Management LLC

MMA Asset Management LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 38.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,741 shares of the exchange traded fund’s stock after selling 8,114 shares during the period. SPDR Gold Shares accounts for 1.8% of MMA Asset Management LLC’s portfolio, making the stock its 8th largest holding. MMA Asset Management LLC’s holdings in SPDR Gold Shares were worth $5,049,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GLD. WPG Advisers LLC purchased a new stake in shares of SPDR Gold Shares in the fourth quarter worth about $25,000. Chapman Financial Group LLC purchased a new position in shares of SPDR Gold Shares during the 2nd quarter worth about $26,000. Hopwood Financial Services Inc. bought a new stake in SPDR Gold Shares during the 3rd quarter valued at about $27,000. Vestwell Advisors LLC bought a new stake in SPDR Gold Shares during the 3rd quarter valued at about $27,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in SPDR Gold Shares during the 3rd quarter valued at about $31,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

Key SPDR Gold Shares News

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

• Positive Sentiment: Geopolitical risk from recent Iran–UAE hostilities supports safe-haven demand that can lift gold/GLD if tensions escalate. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Iran Attacks UAE
• Positive Sentiment: Oil rebound tied to Persian Gulf tensions could eventually boost inflation expectations and underpin gold as an inflation hedge. Spot gold softer in thin trade as oil rebound, U.S.-Iran uncertainty cloud rate outlook
• Neutral Sentiment: Markets saw a likely technical recovery after an overnight Comex drop, which could produce short-lived bounces even as the broader trend is pressured. Gold Steady Amid Likely Technical Recovery
• Neutral Sentiment: Thin holiday trading has amplified moves; lower liquidity can make GLD swings larger without signaling a durable trend. Spot gold softer in thin trade as oil rebound, U.S.-Iran uncertainty cloud rate outlook
• Negative Sentiment: Stronger U.S. economic data and firmer Treasury yields are the dominant headwinds, raising real rates and reducing gold’s appeal—pressuring GLD lower. Gold, silver slide as stronger U.S. data, firmer yields pressure metals
• Negative Sentiment: Rate‑fear dynamics (30‑year yield rising above 5%) are prompting a “sell the rally” market for precious metals; technical indicators point to further downside risk for gold/GLD. Gold Slides, 30-Year Yield Hits 5.1% as Rate Fears Take Over
• Negative Sentiment: Technical and momentum-focused analysis warns of further downside (targets below recent levels) unless yields and crude stop driving inflation fears. Gold (XAUUSD) & Silver Price Forecast: $4,560 Breaks as Gold Dives—Is $4,436 Next?
• Negative Sentiment: Intraday coverage shows gold falling as the dollar and yields climb—near-term macro drivers remain unfavorable for GLD until rate pressures ease. Update: Gold Falls as the Dollar and Yields Climb

SPDR Gold Shares Price Performance

Shares of GLD opened at $414.71 on Tuesday. SPDR Gold Shares has a 1-year low of $291.78 and a 1-year high of $509.70. The company has a 50-day moving average of $444.17 and a 200 day moving average of $420.47. The firm has a market capitalization of $150.83 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

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.