Geneva Partners LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 316.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,525 shares of the exchange traded fund’s stock after purchasing an additional 26,986 shares during the quarter. SPDR Gold Shares makes up approximately 4.6% of Geneva Partners LLC’s holdings, making the stock its 5th largest position. Geneva Partners LLC’s holdings in SPDR Gold Shares were worth $12,628,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in GLD. Laurel Wealth Advisors LLC lifted its stake in SPDR Gold Shares by 31,232.8% in the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after buying an additional 2,913,079 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of SPDR Gold Shares by 108.1% during 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 acquiring an additional 559,507 shares during the last quarter. Harvard Management Co. Inc. acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter worth about $101,508,000. Quadrature Capital Ltd bought a new stake in SPDR Gold Shares in the 2nd quarter valued at about $99,996,000. Finally, Flow Traders U.S. LLC lifted its position in SPDR Gold Shares by 276.0% in the 2nd quarter. Flow Traders U.S. LLC now owns 304,814 shares of the exchange traded fund’s stock valued at $92,916,000 after purchasing an additional 223,744 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Stock Up 1.3%
SPDR Gold Shares stock opened at $483.75 on Monday. SPDR Gold Shares has a 52-week low of $261.25 and a 52-week high of $509.70. The firm has a market capitalization of $183.87 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm has a 50-day moving average price of $440.84 and a two-hundred day moving average price of $388.53.
Trending Headlines about SPDR Gold Shares
- Positive Sentiment: Banco Santander increased its stake in GLD, a direct institutional buy that can support ETF demand and liquidity. SPDR Gold Shares $GLD Shares Purchased by Banco Santander S.A.
- Positive Sentiment: Gold has pushed back above the $5,200 area and posted a strong rebound in February, underpinning GLD flows as investors use the ETF to access record metals prices. Gold prices push back above $5,200; sees solid rebound in February to end month with another record
- Positive Sentiment: Analysts and forecasters remain bullish — some now calling earlier $8,000 targets conservative — supporting expectations for further upside in gold and therefore GLD. Gold Price Forecast – Our $8,000 Target Was Likely Too Conservative
- Positive Sentiment: Macro commentary (Sprott) argues for a new monetary‑reserve narrative (a “Bretton Woods III”), which supports long‑term institutional demand for gold as a reserve asset. ‘As the world breaks up, you’re going to need a monetary reserve system’ – Sprott’s Paul Wong on why Bretton Woods III is inevitable and gold stands alone
- Positive Sentiment: Investor preference: GLD is highlighted as a lower‑volatility way to own precious metals versus SLV, which can attract risk‑averse inflows. GLD Offers a Smoother Ride Than SLV Over 10 Years
- Neutral Sentiment: Coverage notes rising inflation pressures and questions whether gold can sustain levels above $5,200 — these are watch‑items that create two‑way intraday volatility but not a clear directional signal. Can gold prices hold above $5,200 as inflation pressues rise
- Neutral Sentiment: Technical intra‑day analyses outline key entry/support levels for traders; useful for short‑term positioning but neutral for long‑term GLD direction. Gold market analysis for February 27 – key intra-day price entry levels for active traders
- Negative Sentiment: Macro headwinds — a hawkish Fed, stronger USD and U.S. PPI surprises — could cap upside and increase volatility, creating a risk that GLD’s gains stall. Gold (XAUUSD) & Silver Price Forecast: Tariffs vs. Fed Policy – Gold’s $5,250 Break?
- Negative Sentiment: Short‑term profit‑taking in silver and periodic gold pullbacks have been reported; that selling pressure can spill into GLD during rotations or liquidity‑driven moves. Profit-taking price pressure on gold, silver
SPDR Gold Shares Company 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.
Featured Articles
- Five stocks we like better than SPDR Gold Shares
- America’s 1776 happening again
- I’m 70 With $1.5M: Would Converting $120K a Year to a Roth Be Smart or a Costly Mistake? (Ask An Advisor)
- Silver Crossed $100: Is the $500 surge next? (Join us March 4)
- The Biggest IPO Ever… Open to Everyday Folks
- Silver paying 20% dividend. Plus 68% share gains
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
