Sarasin & Partners LLP cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 15.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,683 shares of the exchange traded fund’s stock after selling 9,018 shares during the period. Sarasin & Partners LLP’s holdings in SPDR Gold Shares were worth $20,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of the stock. Boston Standard Wealth Management LLC increased its position in shares of SPDR Gold Shares by 2.8% during the 4th quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock valued at $375,000 after purchasing an additional 26 shares during the last quarter. Mccarter Private Wealth Services LLC lifted its position in SPDR Gold Shares by 3.2% in the third quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after buying an additional 27 shares during the last quarter. Prudent Investors Network Inc. lifted its position in SPDR Gold Shares by 3.8% in the third quarter. Prudent Investors Network Inc. now owns 734 shares of the exchange traded fund’s stock worth $261,000 after buying an additional 27 shares during the last quarter. Kelleher Financial Advisors boosted its stake in SPDR Gold Shares by 0.6% during the third quarter. Kelleher Financial Advisors now owns 4,324 shares of the exchange traded fund’s stock worth $1,537,000 after buying an additional 27 shares during the period. Finally, Norris Perne & French LLP MI increased its position in SPDR Gold Shares by 3.3% during the third quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock valued at $310,000 after acquiring an additional 28 shares during the last quarter. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Stock Down 3.1%
GLD stock opened at $413.38 on Friday. SPDR Gold Shares has a twelve month low of $272.58 and a twelve month high of $509.70. The stock has a market capitalization of $157.13 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s fifty day simple moving average is $457.25 and its two-hundred day simple moving average is $403.74.
Key SPDR Gold Shares News
- Positive Sentiment: Safe-haven support from geopolitical tensions has offered intermittent buying interest, helping limit today’s losses and producing short-lived rebounds. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: Technical bounce off a two‑month low produced intraday recoveries, suggesting some traders view the pullback as a buying opportunity. Gold Rises Off a Two-Month Low
- Positive Sentiment: Some analysts and commentators call the drop a buying opportunity amid longer‑term debt and geopolitical risks that structurally support gold’s safe-haven role. Gold’s pullback is a buying opportunity
- Neutral Sentiment: Industry infrastructure moves (World Gold Council tokenization plans and proposed U.S. legislation to diversify vaults) are longer‑term structural developments that may increase market access/liquidity but are unlikely to affect GLD’s price immediately. World Gold Council building shared infrastructure
- Neutral Sentiment: Regional demand notes (e.g., rising gold‑loan activity in India) underline steady underlying physical demand, but these trends are gradual and not offsetting macro-driven flows. Inside India newsletter: Gold loans
- Negative Sentiment: Macro forces—rising U.S. Treasury yields, a stronger dollar and diminished odds of Fed rate cuts—are the primary drivers of the selloff that’s hit gold hardest this week. Multiple outlets highlight inflation expectations and rate paths as the key headwind. Gold suffers worst week since 1983
- Negative Sentiment: Oil-driven spikes in yields and market volatility have amplified the move lower in gold and reduced the likelihood of quick rate cuts, pressuring GLD and related miners. Gold Drops to a Two-Month Low
- Negative Sentiment: Technical analysts warn a breakdown of key support levels could trigger deeper corrections; some market commentaries and GLD‑focused pieces expect additional ETF outflows and further weakness. Support Breakdown Risks Deeper Correction GLD: Expecting Additional Losses
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.
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