DV Trading LLC Raises Stake in SPDR Gold Shares $GLD

DV Trading LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 29.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,591 shares of the exchange traded fund’s stock after purchasing an additional 2,433 shares during the quarter. SPDR Gold Shares accounts for about 0.1% of DV Trading LLC’s investment portfolio, making the stock its 11th largest holding. DV Trading LLC’s holdings in SPDR Gold Shares were worth $4,557,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. WPG Advisers LLC acquired a new position in SPDR Gold Shares during the fourth quarter valued at approximately $25,000. Timmons Wealth Management LLC acquired a new stake in shares of SPDR Gold Shares in the fourth quarter worth $26,000. Eukles Asset Management acquired a new stake in shares of SPDR Gold Shares in the fourth quarter worth $27,000. Private Wealth Management Group LLC purchased a new position in shares of SPDR Gold Shares in the 1st quarter valued at $30,000. Finally, Parvin Asset Management LLC purchased a new position in shares of SPDR Gold Shares in the 1st quarter valued at $31,000. Hedge funds and other 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: The World Gold Council reported stronger central-bank gold purchases in the second quarter, while Asian buying remained resilient. This provides a constructive long-term demand backdrop for GLD. Gold, Silver Price Forecast: World Gold Council Reports Strong Central Bank Buying
• Positive Sentiment: Analysts increasingly view gold near $4,000 as an attractive value level, suggesting solid technical and investor support despite the Federal Reserve’s tightening bias. Gold has value at $4,000 as investors look beyond Fed hawkishness
• Neutral Sentiment: Gold remains confined to roughly the $4,000–$4,200 range, with traders awaiting clearer signals on Middle East developments and interest rates. The consolidation limits near-term direction for GLD. Gold Weekly Price Analysis
• Neutral Sentiment: Institutional investor Alexander Labrunerie & Co. increased its GLD holdings by 19.1% in the first quarter. The purchase is supportive but relatively small compared with the ETF’s overall asset base. Alexander Labrunerie & Co. Acquires Shares of SPDR Gold Shares
• Negative Sentiment: Thirty-year Treasury yields climbed to levels last seen in 2007. Higher yields increase the opportunity cost of holding non-yielding gold and are the main immediate pressure on GLD. Gold Pulls Back as Treasury Yields Test New Highs
• Negative Sentiment: U.S. consumer sentiment improved more than expected while one-year inflation expectations eased. The combination reduced near-term demand for gold as an inflation hedge and pushed spot gold toward session lows. Spot Gold Near Session Lows After Consumer Sentiment Data
• Negative Sentiment: The Fed’s recent “hawkish hold” continues to keep rate-cut expectations uncertain, while firm yields and a stronger dollar have capped gold’s rebound. Analysts expect precious metals to remain range-bound until greater policy clarity emerges. Fed’s Hawkish Hold Stabilizes Gold and Silver

SPDR Gold Shares Trading Down 1.5%

NYSEARCA:GLD opened at $371.54 on Friday. The firm’s fifty day simple moving average is $383.90 and its 200 day simple moving average is $422.48. SPDR Gold Shares has a twelve month low of $302.86 and a twelve month high of $509.70. The firm has a market capitalization of $131.38 billion, a price-to-earnings ratio of -32.43 and a beta of 0.17.

About SPDR Gold Shares

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.