4,336 SPDR Gold Shares $GLD Shares Sold by Bank of New Hampshire

Bank of New Hampshire cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 10.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,505 shares of the exchange traded fund’s stock after selling 4,336 shares during the period. SPDR Gold Shares accounts for approximately 3.0% of Bank of New Hampshire’s portfolio, making the stock its 4th largest position. Bank of New Hampshire’s holdings in SPDR Gold Shares were worth $13,903,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Corient Private Wealth LLC lifted its stake in shares of SPDR Gold Shares by 571.3% in the 4th 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 during the period. First Eagle Investment Management LLC grew its stake in SPDR Gold Shares by 1.5% in the second quarter. First Eagle Investment Management LLC now owns 2,491,623 shares of the exchange traded fund’s stock worth $917,864,000 after purchasing an additional 35,882 shares during the period. Virtu Financial LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $474,952,000. Marino Management LLC purchased a new stake in shares of SPDR Gold Shares in the 4th quarter worth about $438,475,000. Finally, Envestnet Asset Management Inc. grew its position in shares of SPDR Gold Shares by 0.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,169,683 shares of the exchange traded fund’s stock worth $430,888,000 after buying an additional 5,793 shares during the period. 42.19% of the stock is owned by institutional investors.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Gold rebounded after testing Fibonacci support near $4,103–$4,104, suggesting a possible short-term recovery. Lower Treasury yields and a weaker dollar also helped precious metals extend their post-payroll rebound, supporting GLD. Gold Price Forecast: $4,104 Support Puts Bears on Notice
• Positive Sentiment: Central banks added 39 net tonnes of gold in August, led by China, Uzbekistan and Poland. Continued official-sector purchases provide an important longer-term demand base for gold and GLD. Central Banks Add 39 Net Tonnes of Gold
• Positive Sentiment: Market experts said geopolitical uncertainty, sovereign-debt concerns and reduced confidence in traditional reserve assets are encouraging central banks to treat gold as a strategic reserve asset. This supports the long-term investment case for GLD. Central Banks Find New Reasons to Increase Gold Reserves
• Neutral Sentiment: Record Russian bullion flows through Hong Kong into China and the launch of new futures contracts for London’s physical gold market could improve market liquidity and access, though the direct near-term effect on GLD is uncertain. Hong Kong Becomes Russia’s Gold Gateway to China
• Negative Sentiment: Gold’s broader trend remains under pressure because long-term Treasury yields remain near multi-decade highs. Attractive income from bonds increases the opportunity cost of holding non-yielding gold, while renewed rate-hike expectations could weigh on GLD. Yields Still Control as Gold Bounces

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock traded up $2.72 during trading on Tuesday, hitting $382.27. The company’s stock had a trading volume of 7,504,286 shares, compared to its average volume of 11,739,785. SPDR Gold Shares has a 52 week low of $360.12 and a 52 week high of $509.70. The company has a market capitalization of $141.48 billion, a PE ratio of -32.43 and a beta of 0.18. The company has a fifty day simple moving average of $397.09 and a two-hundred day simple moving average of $402.83.

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.