Fiducient Advisors LLC Takes Position in SPDR Gold Shares $GLD

Fiducient Advisors LLC bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,537 shares of the exchange traded fund’s stock, valued at approximately $609,000.

A number of other hedge funds also recently modified their holdings of GLD. Brighton Jones LLC lifted its holdings in shares of SPDR Gold Shares by 20.4% in the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after purchasing an additional 1,903 shares in the last quarter. Bison Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of SPDR Gold Shares in the first quarter valued at $16,014,000. Schnieders Capital Management LLC. lifted its holdings in shares of SPDR Gold Shares by 4.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after purchasing an additional 275 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at $337,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0%

GLD opened at $412.77 on Friday. The stock has a fifty day moving average of $425.81 and a 200-day moving average of $426.34. The firm has a market capitalization of $150.12 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12-month low of $299.89 and a 12-month high of $509.70.

Key SPDR Gold Shares News

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

• Positive Sentiment: Gold rebounded as weaker U.S. GDP and softer dollar pressure offset some inflation concerns linked to the Strait of Hormuz and U.S.-Iran headlines. Gold rebounds as weak GDP offsets Hormuz risk – Kitco PM Report
• Positive Sentiment: Weaker-than-expected U.S. jobless claims and new-home sales data added support by reinforcing the case for eventual Fed rate cuts, which can help gold and GLD. Gold price finding new support as U.S. New home sales drop 6.2% in April
• Positive Sentiment: Traders also bought gold on hopes that lower Fed hawkishness and possible Iran-related de-escalation could still keep the broader gold uptrend intact. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
• Neutral Sentiment: Several technical reports said gold is testing key support near the 200-day moving average and could be forming a rebound pattern, suggesting near-term stabilization rather than a clear trend reversal. Gold (XAU/USD) Price Forecast: Reversal Signals Build Near 200-Day
• Negative Sentiment: Gold also fell to a two-month low earlier as stronger inflation prints, firmer oil prices, and a stronger dollar reduced the appeal of non-yielding bullion. Gold tumbles to two-month low as inflation hedge status fades
• Negative Sentiment: Higher Treasury yields and persistent dollar strength remain a key headwind, and UBS cut its 2026 gold forecast, signaling that elevated opportunity cost could keep pressure on GLD. UBS lowers 2026 gold price forecast to $5,500/oz

About SPDR Gold Shares

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.