Murphy Middleton Hinkle & Parker Inc. Invests $3.20 Million in SPDR Gold Shares $GLD

Murphy Middleton Hinkle & Parker Inc. acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,066 shares of the exchange traded fund’s stock, valued at approximately $3,197,000. SPDR Gold Shares makes up approximately 0.9% of Murphy Middleton Hinkle & Parker Inc.’s investment portfolio, making the stock its 18th largest holding.

Other institutional investors have also modified their holdings of the company. SG Americas Securities LLC increased its position in SPDR Gold Shares by 25.4% during the 4th quarter. SG Americas Securities LLC now owns 657,871 shares of the exchange traded fund’s stock worth $260,721,000 after purchasing an additional 133,404 shares in the last quarter. GEM Asset Management LLC lifted its position in SPDR Gold Shares by 58.5% during the fourth quarter. GEM Asset Management LLC now owns 1,973 shares of the exchange traded fund’s stock valued at $807,000 after buying an additional 728 shares in the last quarter. jvl associates llc lifted its position in SPDR Gold Shares by 5.6% during the fourth quarter. jvl associates llc now owns 2,344 shares of the exchange traded fund’s stock valued at $929,000 after buying an additional 125 shares in the last quarter. Diversified Trust Co. grew its stake in SPDR Gold Shares by 23.8% during the fourth quarter. Diversified Trust Co. now owns 2,385 shares of the exchange traded fund’s stock worth $945,000 after buying an additional 458 shares during the period. Finally, Leverty Financial Group LLC purchased a new stake in SPDR Gold Shares during the fourth quarter worth approximately $205,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 2.3%

SPDR Gold Shares stock opened at $404.04 on Tuesday. The firm has a fifty day moving average of $456.88 and a 200-day moving average of $404.82. SPDR Gold Shares has a 52-week low of $272.58 and a 52-week high of $509.70. The firm has a market capitalization of $153.58 billion, a P/E ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: Short-lived relief after reports that talks between the U.S. and Iran showed signs of progress briefly reversed some selling, giving speculative buyers a follow-through bounce. Article Title
• Neutral Sentiment: Coverage of alternate gold ETFs (GLDM) and technical intra-day levels may draw short-term trader interest but are unlikely to change the broader trend for GLD. Article Title
• Negative Sentiment: GLD extended a nine-session losing streak — down roughly 15% over that span — its worst nine-day performance since 2008, highlighting concentrated ETF selling pressure. Article Title
• Negative Sentiment: Options-market “skew” tied to GLD hit multi-year highs as traders position for further downside, indicating asymmetric bearish bets and increased demand for downside protection. Article Title
• Negative Sentiment: Macro drivers — stronger dollar, surging Treasury yields and a hawkish Fed path — are reducing demand for non-yielding gold, pushing prices toward multi-month lows and pressuring GLD. Article Title
• Negative Sentiment: Analysts and data point to liquidity-driven sales and possible central-bank reductions in reserve accumulation, amplifying the selloff and undermining the safe-haven narrative. Article Title
• Negative Sentiment: Broad market impact pieces note gold’s worst weekly/monthly performance in years and miners’ shares plunging — signaling sustained sentiment shift away from gold that typically dampens GLD demand. Article Title

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.