4,966 SPDR Gold Shares $GLD Shares Bought by Investment Partners LTD.

Investment Partners LTD. lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 95.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,188 shares of the exchange traded fund’s stock after purchasing an additional 4,966 shares during the period. Investment Partners LTD.’s holdings in SPDR Gold Shares were worth $3,880,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Cidel Asset Management Inc. raised its stake in SPDR Gold Shares by 4.9% during the 3rd quarter. Cidel Asset Management Inc. now owns 3,535 shares of the exchange traded fund’s stock worth $1,346,000 after buying an additional 166 shares during the period. Intrua Financial LLC grew its stake in SPDR Gold Shares by 0.7% in the third quarter. Intrua Financial LLC now owns 101,407 shares of the exchange traded fund’s stock valued at $38,620,000 after acquiring an additional 746 shares during the period. Blue Fin Capital Inc. increased its holdings in shares of SPDR Gold Shares by 1.0% during the third quarter. Blue Fin Capital Inc. now owns 40,688 shares of the exchange traded fund’s stock valued at $15,496,000 after acquiring an additional 415 shares in the last quarter. BNB Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 8.0% during the third quarter. BNB Wealth Management LLC now owns 947 shares of the exchange traded fund’s stock valued at $361,000 after acquiring an additional 70 shares in the last quarter. Finally, Global Assets Advisory LLC increased its holdings in shares of SPDR Gold Shares by 11.1% during the third quarter. Global Assets Advisory LLC now owns 10,041 shares of the exchange traded fund’s stock valued at $3,810,000 after acquiring an additional 1,002 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

Key Headlines Impacting SPDR Gold Shares

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

  • Positive Sentiment: Market technician Peter Brandt identified potential bottoming signals after GLD reached a 52-week low, which could attract bargain hunters if gold stabilizes. Gold, Silver In Spotlight After GLD Hits 52-Week Low
  • Positive Sentiment: Longer-term bullish arguments remain, including elevated inflation, geopolitical risks and uncertainty surrounding the artificial-intelligence sector, all of which may support demand for gold as a safe-haven asset. Gold Just Dipped Below $4,000 Per Ounce
  • Neutral Sentiment: The Swiss National Bank’s large quarterly profit from gold and foreign assets highlights the gains central-bank gold holdings can generate, but it does not directly change GLD’s near-term outlook. Swiss Central Bank Posts Bumper Profit
  • Negative Sentiment: Gold’s break below $4,000 exposed support near $3,950, with forecasts warning that a move through that level could lead to a deeper correction toward roughly $3,886–$3,708. Gold Price Forecast: Mass Liquidation Puts $3,886–$3,708 in Play
  • Negative Sentiment: Hot inflation data and stronger GDP increased expectations for additional Fed tightening. Higher Treasury yields and real yields raise the opportunity cost of holding non-yielding gold, weighing directly on GLD. Hot PCE Lifts Hike Odds
  • Negative Sentiment: Technical analysts describe a bearish reversal, weakening monthly moving-average signals and persistent selling pressure. A break below the $3,900–$4,000 support region could accelerate liquidation and further pressure GLD. Bearish Reversal Threatens Key Support

SPDR Gold Shares Stock Down 3.5%

Shares of GLD opened at $355.78 on Friday. The business’s fifty day moving average is $390.57 and its 200 day moving average is $412.97. SPDR Gold Shares has a 12-month low of $354.67 and a 12-month high of $509.70. The stock has a market cap of $130.18 billion, a P/E ratio of -32.43 and a beta of 0.18.

SPDR Gold Shares Profile

(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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