Vise Technologies Inc. raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 122.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,762 shares of the exchange traded fund’s stock after buying an additional 11,418 shares during the period. Vise Technologies Inc.’s holdings in SPDR Gold Shares were worth $8,228,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the business. SFI Advisors LLC bought a new stake in SPDR Gold Shares during the fourth quarter worth approximately $231,000. Daiwa Securities Group Inc. boosted its holdings in SPDR Gold Shares by 6.0% during the fourth quarter. Daiwa Securities Group Inc. now owns 14,100 shares of the exchange traded fund’s stock worth $5,588,000 after buying an additional 800 shares in the last quarter. Sittner & Nelson LLC boosted its holdings in SPDR Gold Shares by 33.6% during the fourth quarter. Sittner & Nelson LLC now owns 394 shares of the exchange traded fund’s stock worth $156,000 after buying an additional 99 shares in the last quarter. Verus Capital Partners LLC boosted its holdings in SPDR Gold Shares by 4.7% during the fourth quarter. Verus Capital Partners LLC now owns 10,826 shares of the exchange traded fund’s stock worth $4,290,000 after buying an additional 485 shares in the last quarter. Finally, Crescent Grove Advisors LLC boosted its holdings in SPDR Gold Shares by 25.3% during the fourth quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock worth $6,230,000 after buying an additional 3,175 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Stock Up 0.8%
NYSEARCA:GLD opened at $411.27 on Friday. SPDR Gold Shares has a 1-year low of $299.89 and a 1-year high of $509.70. The firm has a market capitalization of $149.58 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14. The stock has a fifty day simple moving average of $425.14 and a 200 day simple moving average of $427.44.
More SPDR Gold Shares News
- Positive Sentiment: Central banks bought net 17 tonnes of gold in April, reinforcing long-term demand for bullion and supporting GLD’s investment case. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
- Positive Sentiment: Some strategists remain bullish on gold, citing deglobalization and strategic resource competition as forces that could keep the commodity cycle strong. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
- Neutral Sentiment: Gold prices briefly rebounded as the dollar and Treasury yields eased, showing that GLD can still benefit from softer rate expectations. Update: Gold Trading Higher as the Dollar and Yields Fall as Israel and Lebanon Agree to a Ceasefire
- Negative Sentiment: Gold has recently fallen below key support levels as traders price in renewed Fed hike risk, which is weighing on GLD. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike
- Negative Sentiment: Stronger U.S. economic data, including upbeat services and job-creation figures, has reduced urgency for rate cuts and pressured gold prices. Gold off session lows after ISM Services PMI rises to 54.5 in May
- Negative Sentiment: Recent market commentary says China’s gold market is cooling, which may soften a major source of ETF and physical demand. China’s gold market is cooling, multiple metrics show
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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