Waverton Investment Management Ltd boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,917 shares of the exchange traded fund’s stock after buying an additional 1,690 shares during the quarter. Waverton Investment Management Ltd’s holdings in SPDR Gold Shares were worth $26,272,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in GLD. Hopwood Financial Services Inc. bought a new stake in SPDR Gold Shares in the third quarter valued at approximately $27,000. Chapman Financial Group LLC bought a new position in SPDR Gold Shares during the 2nd quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of SPDR Gold Shares in the 3rd quarter worth approximately $31,000. Kilter Group LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at $34,000. Finally, Traub Capital Management LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at $34,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 1.3%
Shares of NYSEARCA GLD opened at $483.75 on Monday. The company has a market capitalization of $183.87 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a twelve month low of $261.25 and a twelve month high of $509.70. The firm has a fifty day simple moving average of $440.84 and a 200 day simple moving average of $388.53.
Trending Headlines about SPDR Gold Shares
- Positive Sentiment: Safe‑haven buying after joint U.S.–Israeli strikes on Iran sent gold prices sharply higher, directly supporting GLD as investors shift into bullion exposure. Gold Climbs Above $5,400 on Haven Demand as Middle East Tensions Flare Up
- Positive Sentiment: Broader market risk‑off (oil up, stocks down) is boosting demand for gold as a flight-to-safety asset, a primary reason GLD is higher today. Oil and Gold Jump, Stocks Slide as Conflict in Middle East Rocks Global Markets
- Positive Sentiment: Technical and macro commentators are forecasting continued upside for gold (multi‑thousand dollar targets cited), which can reinforce momentum and ETF inflows into GLD. Gold Analysis: $6,000 in Sight, $8,250 as the Macro Crisis Target
- Positive Sentiment: Market commentaries and trade desks flag a rally in gold and oil after the strikes, raising the probability of further safe‑haven flows into GLD. Wall Street Brunch: Oil, Gold Seen Rallying After Attacks On Iran
- Neutral Sentiment: Analysts note a bullish technical gap and upside targets, but these are conditional on geopolitics staying elevated; such forecasts can amplify moves but are not certain. Gold News: Gold Market Braces for Bullish Gap Opening as Safe-Haven Demand Surges
- Neutral Sentiment: Upcoming macro data (notably U.S. jobs) could shift risk sentiment quickly — a strong jobs print or calmer markets would reduce safe‑haven flows and add volatility to GLD. First Light News: Macro Week Ahead – US Jobs Data on Deck
- Neutral Sentiment: Commentary urging measured responses to the crisis reminds investors that rallies can be reactive and short‑lived; monitor flows and volatility rather than assuming a permanent regime shift. Expect Gold, Treasuries, and Other Safe Assets to Rise After Iran Attack. Why Investors Shouldn’t Panic.
- Neutral Sentiment: Company‑specific news for junior miners (e.g., Pinnacle Silver & Gold) is largely irrelevant to GLD’s performance; GLD moves are dominated by macro and geopolitical flows. Pinnacle Silver and Gold CEO discusses progress at El Potrero project – ICYMI
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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