Fullerton Fund Management Co Ltd. Sells 67,398 Shares of SPDR Gold Shares $GLD

Fullerton Fund Management Co Ltd. reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 29.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 162,655 shares of the exchange traded fund’s stock after selling 67,398 shares during the quarter. SPDR Gold Shares accounts for 2.8% of Fullerton Fund Management Co Ltd.’s holdings, making the stock its 13th biggest position. Fullerton Fund Management Co Ltd.’s holdings in SPDR Gold Shares were worth $64,462,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. WPG Advisers LLC bought a new stake in SPDR Gold Shares in the 4th quarter valued at about $25,000. Timmons Wealth Management LLC bought a new stake in SPDR Gold Shares in the 4th quarter valued at about $26,000. Chapman Financial Group LLC bought a new stake in SPDR Gold Shares in the 2nd quarter valued at about $26,000. Vestwell Advisors LLC bought a new stake in SPDR Gold Shares in the 3rd quarter valued at about $27,000. Finally, Eukles Asset Management acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $27,000. 42.19% of the stock is owned by institutional investors.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Gold climbed after the U.S.-Iran truce helped push oil prices lower, easing inflation fears and supporting expectations for a less aggressive Federal Reserve path. Gold clears $4,300 as Hormuz deal cuts oil, yield pressure – Kitco PM Report
• Positive Sentiment: Falling Treasury yields and a weaker inflation outlook have provided additional support for bullion, which tends to benefit GLD. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Oil Prices Test New Lows
• Positive Sentiment: Wall Street analysts are increasingly bullish, with some seeing a rebound ahead as markets price in more stable geopolitical conditions while structural demand remains intact. Wall Street’s Gold Analysts Are Pricing in Middle-East Peace—and They See a ‘Rebound’ Coming
• Positive Sentiment: Central bank demand remains a strong long-term tailwind, with a record share of central banks planning to add gold holdings. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Neutral Sentiment: Several reports say gold is still consolidating, with traders waiting for clearer Fed rate signals, inflation data, and technical confirmation after the recent surge. Gold News: Gold Breakout Stalls as Traders Await Key Fed Rate Signals
• Neutral Sentiment: Analysts note that gold’s long-term bullish case remains intact, but near-term price action may stay range-bound until macro uncertainty clears. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
• Negative Sentiment: Gold also faces headwinds from the possibility that easing geopolitical risk and a stabilization in rates could reduce safe-haven demand after the recent rally. Gold Edges Higher, Extending Gains After U.S.-Iran Ceasefire

SPDR Gold Shares Stock Performance

GLD stock opened at $397.63 on Wednesday. SPDR Gold Shares has a 52-week low of $299.89 and a 52-week high of $509.70. The business has a 50-day simple moving average of $420.20 and a two-hundred day simple moving average of $428.23. The company has a market capitalization of $144.62 billion, a P/E ratio of -32.43 and a beta of 0.14.

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.