SPDR Gold Shares $GLD Stock Acquired by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 19.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,174 shares of the exchange traded fund’s stock after buying an additional 3,303 shares during the quarter. SPDR Gold Shares accounts for approximately 1.5% of Peddock Capital Advisors LLC’s holdings, making the stock its 15th biggest position. Peddock Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $7,683,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of GLD. City Holding Co. lifted its position in shares of SPDR Gold Shares by 41.6% in the second quarter. City Holding Co. now owns 22,914 shares of the exchange traded fund’s stock worth $8,441,000 after purchasing an additional 6,733 shares in the last quarter. DDFG Inc boosted its stake in shares of SPDR Gold Shares by 57.5% during the 2nd quarter. DDFG Inc now owns 48,753 shares of the exchange traded fund’s stock valued at $17,959,000 after buying an additional 17,793 shares during the period. Arcus Capital Partners LLC grew its holdings in shares of SPDR Gold Shares by 90.3% during the 1st quarter. Arcus Capital Partners LLC now owns 8,442 shares of the exchange traded fund’s stock valued at $3,633,000 after acquiring an additional 4,005 shares in the last quarter. Cidel Asset Management Inc. grew its holdings in shares of SPDR Gold Shares by 69.8% during the 1st quarter. Cidel Asset Management Inc. now owns 3,368 shares of the exchange traded fund’s stock valued at $1,449,000 after acquiring an additional 1,384 shares in the last quarter. Finally, First Eagle Investment Management LLC increased its stake in shares of SPDR Gold Shares by 1.5% in the second quarter. First Eagle Investment Management LLC now owns 2,491,623 shares of the exchange traded fund’s stock worth $917,864,000 after acquiring an additional 35,882 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD traded down $0.70 during mid-day trading on Friday, reaching $382.01. The company had a trading volume of 9,060,684 shares, compared to its average volume of 11,585,232. SPDR Gold Shares has a twelve month low of $360.12 and a twelve month high of $509.70. The stock’s 50 day moving average is $397.35 and its 200-day moving average is $400.72. The stock has a market capitalization of $141.23 billion, a PE ratio of -32.43 and a beta of 0.18.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Falling Treasury yields, lower real yields and a softer dollar helped gold recover from its recent selloff. Reduced expectations for an October Fed rate hike also improved sentiment toward non-yielding assets. Gold Weekly Price Forecast – Gold Tests $4,000 Demand Zone as Lower Real Yields Offer Support
• Positive Sentiment: Underlying demand remains supportive: China’s central bank added 23 tonnes to its reserves, Chinese gold ETFs attracted inflows, and holiday jewelry, bar and coin demand improved. These trends may provide a floor for gold and GLD over the longer term. China buys the gold dip as ETF holdings hit record and holiday demand lifts Q4 outlook
• Neutral Sentiment: Technical conditions remain mixed. Gold has held the roughly $4,000 demand zone for multiple weeks, but the market faces resistance near $4,200–$4,226. A breakout could help GLD, while another failure would reinforce consolidation. Gold Price Forecast: Bulls Face Crucial $4,226 Resistance
• Negative Sentiment: Hot U.S. inflation data—September CPI at 3.7% and PPI rising 6.3%—kept December Fed tightening expectations alive. Higher potential rates, stronger yields and a firmer dollar initially triggered a sharp gold decline and continue to cap its recovery.
• Negative Sentiment: Wall Street remains divided and retail sentiment is becoming more bearish after gold failed to decisively clear the $4,200 area. Upcoming housing, PMI, employment and consumer-sentiment reports could create additional volatility for GLD. Wall Street undecided on gold’s near-term trajectory

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.