TD Waterhouse Canada Inc. Acquires 31,753 Shares of SPDR Gold Shares $GLD

TD Waterhouse Canada Inc. lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 10.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 336,179 shares of the exchange traded fund’s stock after buying an additional 31,753 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in SPDR Gold Shares were worth $124,663,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Morgan Stanley increased its holdings in SPDR Gold Shares by 22.4% in the fourth quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock valued at $5,506,229,000 after purchasing an additional 2,539,266 shares during the last quarter. Corient Private Wealth LLC lifted its stake in SPDR Gold Shares by 571.3% in the fourth quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock valued at $1,565,118,000 after buying an additional 3,360,966 shares during the period. Virtu Financial LLC bought a new position in SPDR Gold Shares during the fourth quarter worth about $474,952,000. Marino Management LLC bought a new position in SPDR Gold Shares during the fourth quarter worth about $438,475,000. Finally, Rockefeller Capital Management L.P. grew its position in shares of SPDR Gold Shares by 13.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 938,260 shares of the exchange traded fund’s stock worth $371,842,000 after buying an additional 109,205 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Down 1.5%

SPDR Gold Shares stock opened at $398.96 on Friday. The firm has a market capitalization of $140.87 billion, a P/E ratio of -32.43 and a beta of 0.17. The business has a 50-day moving average of $380.35 and a 200-day moving average of $419.85. SPDR Gold Shares has a 1 year low of $305.19 and a 1 year high of $509.70.

Trending Headlines about 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

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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