Integrity Alliance LLC. Buys 11,765 Shares of SPDR Gold Shares $GLD

Integrity Alliance LLC. increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 63.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,301 shares of the exchange traded fund’s stock after purchasing an additional 11,765 shares during the period. Integrity Alliance LLC.’s holdings in SPDR Gold Shares were worth $12,009,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of GLD. Bank of Montreal Can bought a new stake in SPDR Gold Shares in the third quarter worth $556,282,000. Corient Private Wealth LLC increased its position in SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after purchasing an additional 559,507 shares during the last quarter. Axxcess Wealth Management LLC increased its position in SPDR Gold Shares by 1,158.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 504,462 shares of the exchange traded fund’s stock worth $199,923,000 after purchasing an additional 464,376 shares during the last quarter. Teacher Retirement System of Texas increased its position in SPDR Gold Shares by 103.7% in the fourth quarter. Teacher Retirement System of Texas now owns 568,900 shares of the exchange traded fund’s stock worth $225,461,000 after purchasing an additional 289,550 shares during the last quarter. Finally, Children s Medical Center Corp bought a new stake in SPDR Gold Shares in the fourth quarter worth $88,734,000. Institutional investors own 42.19% of the company’s stock.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Options volume in SPDR Gold Shares (GLD) leaned bullish, suggesting some traders are positioning for a rebound or continued upside in gold. A battle is brewing in the gold pits. Here are the winners and losers
• Positive Sentiment: Gold remains above key support around $4,500, and analysts say the tight consolidation could set up a volatility-driven breakout if buyers regain control. Gold (XAU/USD) Price Forecast: Compression Signals Breakout Setup Ahead
• Neutral Sentiment: Reports showed strong bullion demand earlier in the year, including record gold and silver sales at the Royal Mint, which supports the longer-term investment case but does not appear to be driving today’s move. Royal Mint sees record gold, silver bullion sales between January and March
• Neutral Sentiment: Market commentary points to choppy trading as investors wait for more clarity on Middle East peace talks and the direction of U.S. rates and the dollar. Gold prices testing support at $4,500 as U.S. consumer confidence falls slight to 93.1
• Negative Sentiment: Spot gold prices moved lower as the U.S. dollar strengthened and renewed geopolitical developments reduced some safe-haven demand, weighing on GLD. Metals dip as S&P, Nasdaq hit records on Iran deal hopes – Kitco PM Report

SPDR Gold Shares Stock Performance

Shares of GLD opened at $414.00 on Wednesday. The company’s fifty day moving average is $427.78 and its 200 day moving average is $425.73. SPDR Gold Shares has a fifty-two week low of $299.89 and a fifty-two week high of $509.70. The stock has a market capitalization of $150.57 billion, a PE ratio of -32.43 and a beta of 0.15.

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.