WealthCare Asset Management LLC Has $8.43 Million Stock Position in SPDR Gold Shares $GLD

WealthCare Asset Management LLC decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 36.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,581 shares of the exchange traded fund’s stock after selling 10,998 shares during the quarter. SPDR Gold Shares makes up about 9.0% of WealthCare Asset Management LLC’s investment portfolio, making the stock its 4th largest position. WealthCare Asset Management LLC’s holdings in SPDR Gold Shares were worth $8,426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Calder Financial LLC bought a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $807,000. Crescent Grove Advisors LLC raised its stake in shares of 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 during the last quarter. Ervin Investment Management LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter worth approximately $7,178,000. Cidel Asset Management Inc. lifted its holdings in SPDR Gold Shares by 69.8% in the first quarter. Cidel Asset Management Inc. now owns 3,368 shares of the exchange traded fund’s stock valued at $1,449,000 after buying an additional 1,384 shares during the period. Finally, Cinctive Capital Management LP lifted its holdings in SPDR Gold Shares by 157.9% in the third quarter. Cinctive Capital Management LP now owns 9,795 shares of the exchange traded fund’s stock valued at $3,482,000 after buying an additional 5,997 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Down 0.3%

GLD stock traded down $1.17 during midday trading on Friday, reaching $377.01. The company’s stock had a trading volume of 5,452,429 shares, compared to its average volume of 12,859,920. The business’s 50-day simple moving average is $399.61 and its 200-day simple moving average is $426.21. SPDR Gold Shares has a 52 week low of $300.95 and a 52 week high of $509.70. The stock has a market cap of $132.22 billion, a PE ratio of -32.43 and a beta of 0.17.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Central-bank buying continues to provide a floor for gold, with Poland adding 82 tons and other major buyers said to be “buying the dip,” reinforcing long-term demand for the metal. Poland Buys 82 Tons of Gold as Prices Fall Over 10%
• Positive Sentiment: Some traders see gold carving out a bottom after last month’s selloff, and several forecasts say renewed support above the $4,000–$4,100 area could help bulls regain momentum if inflation data or broader risk sentiment turns favorable. Gold struggles around $4,100 as markets await CPI and Warsh’s Capitol Hill debut
• Neutral Sentiment: Technical analysts say GLD is at a key inflection point, with gold testing trend resistance after a sharp correction; the next move depends on whether buyers can reclaim critical chart levels. Gold (XAU/USD) Price Forecast: Can Bulls Reclaim Critical Trend Resistance?
• Neutral Sentiment: Gold is also being capped by rising yields and dollar strength, which have weighed on the metal through much of the week and kept ETF sentiment cautious. Gold Defends $4,000 Level as Strong Dollar Caps Gains
• Negative Sentiment: Recent reports highlight that gold moved lower as Treasury yields rose, signaling continued headwinds for GLD if real rates stay elevated and investors keep rotating out of defensive assets. Update: Gold Moves Lower as Treasury Yields Rise

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.