SPDR Gold Shares $GLD Holdings Increased by Payden & Rygel

Payden & Rygel lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,000 shares of the exchange traded fund’s stock after purchasing an additional 1,700 shares during the period. SPDR Gold Shares comprises 3.7% of Payden & Rygel’s portfolio, making the stock its largest position. Payden & Rygel’s holdings in SPDR Gold Shares were worth $48,258,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Prepared Retirement Institute LLC increased its stake in SPDR Gold Shares by 1.6% during the 4th quarter. Prepared Retirement Institute LLC now owns 1,328 shares of the exchange traded fund’s stock worth $526,000 after buying an additional 21 shares during the period. Hughes Financial Services LLC boosted its position in SPDR Gold Shares by 3.4% in the 4th quarter. Hughes Financial Services LLC now owns 667 shares of the exchange traded fund’s stock valued at $264,000 after buying an additional 22 shares during the last quarter. Parr Mcknight Wealth Management Group LLC increased its position in shares of SPDR Gold Shares by 3.3% during the fourth quarter. Parr Mcknight Wealth Management Group LLC now owns 772 shares of the exchange traded fund’s stock worth $306,000 after acquiring an additional 25 shares during the last quarter. Viewpoint Capital Management LLC lifted its stake in shares of SPDR Gold Shares by 2.8% in the first quarter. Viewpoint Capital Management LLC now owns 925 shares of the exchange traded fund’s stock worth $398,000 after acquiring an additional 25 shares in the last quarter. Finally, Summer Road LLC lifted its stake in shares of SPDR Gold Shares by 11.1% in the first quarter. Summer Road LLC now owns 250 shares of the exchange traded fund’s stock worth $108,000 after acquiring an additional 25 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $398.55 on Wednesday. SPDR Gold Shares has a one year low of $305.19 and a one year high of $509.70. The stock has a 50-day moving average price of $380.77 and a 200 day moving average price of $418.23. The company has a market capitalization of $140.73 billion, a P/E ratio of -32.43 and a beta of 0.17.

SPDR Gold Shares News Summary

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

• Positive Sentiment: GLD attracted approximately $1 billion in inflows on August 17, signaling strong investor demand for the gold-backed ETF and potentially helping cushion downside pressure. Daily ETF Flows: GLD Takes In $1B
• Positive Sentiment: Wells Fargo maintained a bullish precious-metals outlook and projected gold could reach $4,900 in 2026, citing falling expectations for additional rate hikes, continued Asian and central-bank demand, and an anticipated further rise by year-end. Wells Fargo reiterates positive outlook for precious metals
• Positive Sentiment: The World Gold Council said gold’s diversification benefits, distinctive supply-and-demand characteristics, and resilience across market conditions make it a strategic portfolio allocation. Gold performs like nothing else in the commodity complex
• Neutral Sentiment: Iran-related geopolitical risk and weaker U.S. housing data could sustain safe-haven demand for gold, but markets remain focused on upcoming Federal Reserve minutes and the competing effects of inflation and economic weakness. Gold and Silver Price Forecast: Fed Minutes Loom
• Negative Sentiment: Gold retreated as higher long-term Treasury yields increased the opportunity cost of holding a non-yielding asset. Fiscal concerns, heavy Treasury issuance, and oil-related inflation risks are keeping yields elevated despite softer economic data. Can Gold Prices Hold as 30-Year Yields Hit 19-Year Highs?
• Negative Sentiment: Technical momentum weakened after gold failed to decisively break the $4,500 area; analysts warn that a short-term reversal could test support near $4,311, which may weigh on GLD in the near term. Gold Price Forecast: Can Bulls Reclaim the 200-Day Moving Average?

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.