SeaCrest Wealth Management LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 7.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,008 shares of the exchange traded fund’s stock after purchasing an additional 1,209 shares during the quarter. SPDR Gold Shares comprises approximately 0.7% of SeaCrest Wealth Management LLC’s portfolio, making the stock its 19th biggest position. SeaCrest Wealth Management LLC’s holdings in SPDR Gold Shares were worth $7,369,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of Montreal Can acquired a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $556,282,000. Corient Private Wealth LLC boosted its stake in SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after acquiring an additional 559,507 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of SPDR Gold Shares during the second quarter worth about $99,996,000. Flow Traders U.S. LLC increased its position in shares of SPDR Gold Shares by 276.0% during the second quarter. Flow Traders U.S. LLC now owns 304,814 shares of the exchange traded fund’s stock worth $92,916,000 after purchasing an additional 223,744 shares in the last quarter. Finally, iA Global Asset Management Inc. acquired a new stake in shares of SPDR Gold Shares during the third quarter worth about $77,873,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
SPDR Gold Shares stock opened at $416.29 on Thursday. The company has a market capitalization of $158.23 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70. The stock has a 50-day simple moving average of $456.34 and a 200-day simple moving average of $405.41.
SPDR Gold Shares News Roundup
- Positive Sentiment: Easing/conflict headlines and a U.S. 15‑point Middle East plan earlier this week prompted safe‑haven buying that lifted gold and pushed GLD higher. Gold Jumps 2.8% After US Proposes 15-Point Middle East Plan
- Positive Sentiment: Falling Treasury yields and temporary dollar weakness provided technical fuel for bullion and GLD inflows, supporting the rally. Update: Gold Rises Off a Near Three-Month Low as Treasury Yields Drop
- Positive Sentiment: Structural demand: GLD’s assets recently crossed roughly $180–181B amid large Q1 inflows, which underpins ETF liquidity and can amplify short‑term price moves. GLD Just Hit $180 Billion in Assets. Here Is the ETF That Actually Made Investors More Money
- Neutral Sentiment: Technical picture mixed: gold has rebounded off key moving‑average support for some traders, but short‑term technical corrections after large moves remain a risk. Gold Declines on Possible Technical Correction
- Neutral Sentiment: Analysts remain divided: some view current weakness as a buying opportunity for a longer‑term bull case, which can support inflows to GLD over time even if volatility persists. Gold Has Tarnished Lately. These Analysts See a Breakout Moment.
- Negative Sentiment: Renewed headlines that ceasefire hopes are fading and Iran has rejected proposals are pressuring safe‑haven demand and weighing on gold/silver prices. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
- Negative Sentiment: Macro headwinds — a stronger dollar and the prospect of Fed hawkishness / higher Treasury yields — remain the main downside risk that can cap gold gains and pressure GLD. Gold (XAUUSD) & Silver Price Forecast: XAU Plummets $1,000 – Can Iran Tensions Spark a Rally?
- Negative Sentiment: Longer‑term product competition: lower‑cost gold ETFs (e.g., AAAU) could divert some fee‑sensitive flows away from GLD over time, a structural consideration for investors in the ETF. The Battle of the Gold ETFs: Is AAAU Better Than GLD?
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.
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