TSP Capital Management Group LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 5.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 41,069 shares of the exchange traded fund’s stock after selling 2,145 shares during the quarter. SPDR Gold Shares makes up about 3.9% of TSP Capital Management Group LLC’s holdings, making the stock its 10th largest holding. TSP Capital Management Group LLC’s holdings in SPDR Gold Shares were worth $14,599,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norris Perne & French LLP MI increased its stake in shares of SPDR Gold Shares by 3.3% in the third quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock worth $310,000 after purchasing an additional 28 shares in the last quarter. Revisor Wealth Management LLC lifted its stake in shares of SPDR Gold Shares by 2.4% during the 3rd quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 29 shares in the last quarter. Halbert Hargrove Global Advisors LLC boosted its holdings in SPDR Gold Shares by 12.0% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock worth $96,000 after buying an additional 29 shares during the period. Brighton Jones LLC increased its stake in SPDR Gold Shares by 0.3% in the 3rd quarter. Brighton Jones LLC now owns 11,816 shares of the exchange traded fund’s stock worth $4,200,000 after buying an additional 31 shares in the last quarter. Finally, TPG Advisors LLC increased its stake in SPDR Gold Shares by 2.6% in the 2nd quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock worth $394,000 after buying an additional 33 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 0.5%
NYSEARCA:GLD opened at $398.28 on Monday. The business’s 50-day simple moving average is $385.59 and its two-hundred day simple moving average is $348.66. SPDR Gold Shares has a 52 week low of $242.05 and a 52 week high of $418.45. The stock has a market cap of $149.24 billion, a PE ratio of -32.43 and a beta of 0.09.
SPDR Gold Shares News Roundup
- Positive Sentiment: Geopolitical tensions (U.S. threats toward Iran) have pushed safe‑haven demand, lifting gold prices and supporting ETF inflows that benefit GLD. Price gains for gold, silver as U.S. threatens Iran
- Positive Sentiment: Broad market coverage notes gold rising on geopolitical risk, reinforcing the narrative that risk‑off events can drive short‑term fund flows into GLD. Gold Rises Amid Geopolitical Risks
- Positive Sentiment: Physical demand in India and China has pushed local prices to a premium over spot after the pullback from record highs, which typically supports ETFs via higher investor interest and central bank/strategic flows. Goodbye gold discounts: Prices now trade at a premium to spot in India and China following pullback from record highs
- Positive Sentiment: RBC’s bullish outlook (multi‑year target ~ $5,100/oz) and analysts’ notes highlight structural upside and diversification demand, a supportive backdrop for GLD over the medium term. Gold tipped for $5,100 in 2025 as investors still seek hedges and diversification
- Positive Sentiment: Zacks argues that Fed easing expectations and bullish forecasts make gold ETFs attractive for long‑term investors, underpinning potential sustained inflows into GLD. Why Investors Shouldn’t Bail on Gold ETFs in the Long Term
- Neutral Sentiment: Some analysts say gold may have short‑term topped and recommend watching for dip‑buying opportunities next week — signals mixed for traders but not necessarily a structural reversal for GLD. Gold and silver have topped, but look for dip-buying next week
- Neutral Sentiment: Intraday technical guides and price‑level watchlists are encouraging active trading and volatility; these notes matter more for short‑term flows than long‑term GLD allocation decisions. Gold Market Analysis for January 2 – Key Intra-day Price Entry Levels for Active Traders
- Negative Sentiment: Weekly performance shows declines and elevated volatility, which can prompt short‑term outflows from GLD as traders trim exposure. Gold Weekly Price Outlook – Gold Falls for the Week
- Negative Sentiment: Technical warnings (20‑day support breach) raise pullback risk that could pressure short‑term inflows into GLD until support is regained. Gold (XAU/USD) Price Forecast: 20-Day Support Breakdown Raises Pullback Risk
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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