Rice Partnership LLC Raises Holdings in SPDR Gold Shares $GLD

Rice Partnership LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 142,922 shares of the exchange traded fund’s stock after acquiring an additional 5,593 shares during the period. SPDR Gold Shares comprises approximately 8.4% of Rice Partnership LLC’s holdings, making the stock its 2nd largest holding. Rice Partnership LLC’s holdings in SPDR Gold Shares were worth $61,498,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Morgan Stanley grew its holdings in shares of SPDR Gold Shares by 22.4% during the 4th quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock worth $5,506,229,000 after purchasing an additional 2,539,266 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of SPDR Gold Shares by 571.3% in the fourth quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock valued at $1,565,118,000 after purchasing an additional 3,360,966 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter valued at $474,952,000. Marino Management LLC bought a new position in SPDR Gold Shares in the fourth quarter worth $438,475,000. Finally, Rockefeller Capital Management L.P. lifted its position in SPDR Gold Shares by 13.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 938,260 shares of the exchange traded fund’s stock worth $371,842,000 after purchasing an additional 109,205 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD opened at $367.60 on Tuesday. SPDR Gold Shares has a fifty-two week low of $300.95 and a fifty-two week high of $509.70. The firm’s fifty day moving average price is $392.40 and its two-hundred day moving average price is $424.65. The company has a market capitalization of $129.03 billion, a P/E ratio of -32.43 and a beta of 0.17.

Key SPDR Gold Shares News

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

• Positive Sentiment: Sprott’s Paul Wong said gold looks “massively oversold” and may be nearing a cyclical bottom, arguing that currency debasement remains a long-term driver that could push gold toward a new all-time high. Gold is oversold, the debasement trade is still on, and the pressure is building – Sprott’s Paul Wong
• Positive Sentiment: Gold is still drawing support from geopolitical risks in the Middle East and continued central-bank buying, which could help cushion downside and support a rebound if rate pressures ease. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Remains Stuck Near $4000 As Treasury Yields Rise
• Neutral Sentiment: Gold held steady in parts of Monday’s trading, suggesting buyers are still defending the metal even as the dollar and yields firm. Update: Gold Steady Even as The Dollar and Yields Rise
• Neutral Sentiment: The broader commodity ETF backdrop remains supportive for investors seeking inflation hedges, but the piece is more about ETF structure than a direct catalyst for GLD. Beyond the Spot Price: The Changing Landscape of Commodity ETFs
• Negative Sentiment: Multiple analysts said stronger dollar trends, rising Treasury yields, and hawkish Fed expectations are capping gold’s upside and creating downside risk for precious metals. Gold (XAUUSD) Price Forecast: Passive Gold Buyers Face a Hawkish Fed Trade
• Negative Sentiment: Gold has also been described as building bearish momentum near support, with higher-for-longer rate expectations and elevated oil prices continuing to weigh on the metal. Gold and Silver Price Forecast: Bearish Momentum Builds Near Support

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.