South Shore Capital Advisors Takes Position in SPDR Gold Shares $GLD

South Shore Capital Advisors bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 9,750 shares of the exchange traded fund’s stock, valued at approximately $3,864,000. SPDR Gold Shares accounts for about 2.8% of South Shore Capital Advisors’ portfolio, making the stock its 7th largest position.

A number of other institutional investors have also recently modified their holdings of the business. True Vision MN LLC grew its position in shares of SPDR Gold Shares by 3.2% during the 4th quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock valued at $304,000 after acquiring an additional 24 shares during the period. Burns J W & Co. Inc. NY grew its position in shares of SPDR Gold Shares by 0.7% during the 4th quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock valued at $1,387,000 after acquiring an additional 25 shares during the period. PFS Partners LLC grew its position in shares of SPDR Gold Shares by 2.4% during the 4th quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock valued at $427,000 after acquiring an additional 25 shares during the period. Boston Standard Wealth Management LLC grew its position in shares of SPDR Gold Shares by 2.8% during the 4th quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock valued at $375,000 after acquiring an additional 26 shares during the period. Finally, Mccarter Private Wealth Services LLC grew its position in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock valued at $309,000 after acquiring an additional 27 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.4%

NYSEARCA:GLD opened at $427.65 on Tuesday. SPDR Gold Shares has a 52 week low of $272.58 and a 52 week high of $509.70. The stock has a market capitalization of $156.69 billion, a PE ratio of -32.43 and a beta of 0.09. The stock’s 50-day moving average price is $453.61 and its 200-day moving average price is $410.80.

More SPDR Gold Shares News

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

• Positive Sentiment: Geopolitical risk is supporting gold’s safe-haven bid after renewed focus on the U.S.–Iran conflict, which helps underpin GLD amid risk-off flows. Gold Edges Higher as Investors Focus on U.S.-Iran Conflict
• Positive Sentiment: A weaker dollar after reports the U.S. offered a 45‑day ceasefire has provided short-term support for bullion prices, a tailwind for GLD’s NAV if the dollar remains soft. Gold Edges Higher as the Dollar Weakened After the U.S. Offers Iran a 45-Day Ceasefire
• Positive Sentiment: Weaker U.S. ISM services data can support gold by reducing rate‑cut/dovish uncertainty and boosting safe-haven demand; this macro print has helped lift bullion intraday. Gold Edges Higher; ISM Services PMI Falls In March
• Neutral Sentiment: Technical buying and intra‑day entry levels are generating short-term activity around support/resistance — useful for traders but less decisive for longer-term GLD holders. Gold market analysis for April 6 – key intra-day price entry levels for active traders
• Neutral Sentiment: Large central‑bank activity (Bank of France selling and repurchasing a sizable U.S. reserve) highlights ongoing institutional liquidity in the gold market; important context but ambiguous for immediate GLD direction. Bank of France sells its 129-tonne US gold reserve, then buys it back in Europe for tidy $15 billion profit
• Negative Sentiment: Ceasefire talks and mixed reports from the Middle East have trimmed the war-driven rally at times; when diplomatic progress appears likely the safe‑haven premium can fade and pressure GLD. Gold Trims Losses Near $4,630 As Ceasefire Talks Offset 12% War Drop
• Negative Sentiment: Broader headwinds — a stronger U.S. dollar and rising rate expectations — continue to cap upside for gold and are the main pressure points weighing on GLD. Gold Falls Amid Dollar Strength, Inflation Worries

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.