China Universal Asset Management Co. Ltd. Sells 10,580 Shares of SPDR Gold Shares $GLD

China Universal Asset Management Co. Ltd. lowered its stake in SPDR Gold Shares (NYSEARCA:GLD) by 17.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,820 shares of the exchange traded fund’s stock after selling 10,580 shares during the period. SPDR Gold Shares accounts for about 1.0% of China Universal Asset Management Co. Ltd.’s holdings, making the stock its 24th largest holding. China Universal Asset Management Co. Ltd.’s holdings in SPDR Gold Shares were worth $18,693,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GLD. SFE Investment Counsel raised its stake in SPDR Gold Shares by 4.5% during the first quarter. SFE Investment Counsel now owns 585 shares of the exchange traded fund’s stock valued at $252,000 after buying an additional 25 shares during the last quarter. Evolution Wealth Management Inc. grew its stake in shares of SPDR Gold Shares by 2.3% in the first quarter. Evolution Wealth Management Inc. now owns 1,200 shares of the exchange traded fund’s stock worth $516,000 after acquiring an additional 27 shares during the last quarter. Financial Management Professionals Inc. grew its stake in shares of SPDR Gold Shares by 0.6% in the second quarter. Financial Management Professionals Inc. now owns 4,414 shares of the exchange traded fund’s stock worth $1,626,000 after acquiring an additional 27 shares during the last quarter. Kraft Davis & Associates LLC grew its stake in shares of SPDR Gold Shares by 0.6% in the second quarter. Kraft Davis & Associates LLC now owns 4,595 shares of the exchange traded fund’s stock worth $1,714,000 after acquiring an additional 27 shares during the last quarter. Finally, Capital City Trust Co. FL increased its holdings in shares of SPDR Gold Shares by 1.8% during the second quarter. Capital City Trust Co. FL now owns 1,516 shares of the exchange traded fund’s stock valued at $558,000 after acquiring an additional 27 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

Key SPDR Gold Shares News

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

• Positive Sentiment: Unusually heavy options activity provided a bullish counterpoint, with traders purchasing approximately 609,835 GLD call options—about 56% above typical daily call volume. The activity may signal expectations for a rebound or increased demand for upside protection.
• Neutral Sentiment: GLD continues to offer direct exposure to physical gold and may retain appeal as an inflation hedge or safe-haven asset during periods of economic and geopolitical uncertainty. However, current interest-rate trends are limiting that support. SPDR Gold Shares vs. iShares Silver Trust: Looking for an Inflation Hedge?
• Negative Sentiment: The Fed held its policy rate at 3.75%–4%, but the 10-2 vote and continued focus on inflation left a future rate increase in play. Higher real yields raise the opportunity cost of holding non-yielding gold. Gold price drops to $4,035/oz as Fed votes 10-2 in favor of rate hold
• Negative Sentiment: Stronger-than-expected U.S. GDP growth and high oil prices have increased expectations that the Fed will maintain a tightening bias, pressuring gold and GLD. Gold, Silver, Platinum Forecasts – Gold Retreats As U.S. GDP Growth Rate Exceeds Estimates
• Negative Sentiment: Technical analysts warn that gold’s reversal could test support near $4,000 and then $3,900. A sustained break below those levels would suggest a deeper correction and likely weigh further on GLD. Gold Price Forecast: Bearish Reversal Threatens Key Support

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $368.57 on Friday. SPDR Gold Shares has a one year low of $361.39 and a one year high of $509.70. The company’s 50-day moving average is $391.76 and its 200 day moving average is $413.30. The company has a market capitalization of $134.53 billion, a price-to-earnings ratio of -32.43 and a beta of 0.18.

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.