Clare Market Investments LLC Has $5.27 Million Stock Holdings in SPDR Gold Shares $GLD

Clare Market Investments LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,310 shares of the exchange traded fund’s stock after selling 1,370 shares during the quarter. SPDR Gold Shares accounts for about 1.0% of Clare Market Investments LLC’s portfolio, making the stock its 19th largest position. Clare Market Investments LLC’s holdings in SPDR Gold Shares were worth $5,272,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth $25,000. Timmons Wealth Management LLC acquired a new stake in SPDR Gold Shares in the fourth quarter valued at $26,000. Chapman Financial Group LLC bought a new position in SPDR Gold Shares during the 2nd quarter worth $26,000. Eukles Asset Management bought a new position in SPDR Gold Shares during the 4th quarter worth $27,000. Finally, Private Wealth Management Group LLC bought a new position in SPDR Gold Shares during the 1st quarter worth $30,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 1.5%

Shares of GLD opened at $398.96 on Friday. The stock’s 50-day moving average price is $380.35 and its two-hundred day moving average price is $419.85. SPDR Gold Shares has a 12 month low of $305.19 and a 12 month high of $509.70. The company has a market capitalization of $140.87 billion, a PE ratio of -32.43 and a beta of 0.17.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: July U.S. CPI and PPI data were benign, easing expectations for further Federal Reserve tightening. Lower expected rates and potentially declining real yields reduce the opportunity cost of holding non-yielding gold. Cooler CPI and PPI boost gold and ease rate hike bets
• Positive Sentiment: UBS said gold could challenge $5,000 per ounce in the first half of 2027, citing lower real rates, a softer U.S. dollar and strong sovereign demand. The Bank of Korea’s reported $250 million purchase of SPDR Gold Shares also reinforces the central-bank demand narrative. UBS gold outlook Bank of Korea gold ETF purchase
• Positive Sentiment: An LBMA survey projected gold would average near $4,500 per ounce by year-end, suggesting analysts still see meaningful support for gold and, by extension, GLD. LBMA gold price survey
• Neutral Sentiment: Gold briefly neared $4,450 before retreating, leaving the market focused on whether it can break and hold above the $4,500 technical resistance level. Gold rally faces moment of truth
• Negative Sentiment: Gold snapped a four-session advance as traders locked in gains. Falling oil prices and easing yields also reduced the immediate appeal of gold as an inflation hedge, while a relatively firm dollar added pressure. Gold snaps four-day advance

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.