Seaview Investment Managers LLC Has $2.08 Million Stake in SPDR Gold Shares $GLD

Seaview Investment Managers LLC cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 43.1% in the third quarter, Holdings Channel.com reports. The firm owned 5,838 shares of the exchange traded fund’s stock after selling 4,417 shares during the period. Seaview Investment Managers LLC’s holdings in SPDR Gold Shares were worth $2,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GLD. Brighton Jones LLC raised its position 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 during the period. Bison Wealth LLC increased its position 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 worth $1,438,000 after purchasing an additional 2,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of SPDR Gold Shares during the 1st quarter worth approximately $16,014,000. Bill Few Associates Inc. bought a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $211,000. Finally, Concord Asset Management LLC VA bought a new position in shares of SPDR Gold Shares in the second quarter worth about $207,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 1.0%

SPDR Gold Shares stock opened at $462.40 on Wednesday. The stock has a 50-day moving average price of $421.45 and a two-hundred day moving average price of $374.03. SPDR Gold Shares has a 12 month low of $261.25 and a 12 month high of $509.70. The company has a market capitalization of $175.76 billion, a PE ratio of -32.43 and a beta of 0.09.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Growing odds of Fed rate cuts and weaker dollar boost demand for non‑yielding gold, supporting GLD as a hedge against easing U.S. policy. Gold Rises Amid Fed Rate-Cut Prospects
• Positive Sentiment: Analysts warn a weak U.S. nonfarm payroll (NFP) print could trigger a breakout toward/above key psychological levels (e.g., $5,143.89), amplifying ETF inflows into GLD. Gold (XAUUSD) Price Forecast: Weak NFP Could Spark Gold Breakout Over $5143.89
• Positive Sentiment: Safe‑haven flows and dollar weakness have recently pushed spot gold above key round numbers, a technical tailwind for GLD’s price and potential ETF inflows. Safe-haven demand, outside markets push gold, silver sharply higher
• Positive Sentiment: Major bank forecasts remain bullish (UBS sees much higher year‑end gold), which can support long-term allocation to GLD. Gold will hit $5,900/oz by year end on Fed easing, sovereign buying – UBS
• Neutral Sentiment: Technical studies show gold holding key support levels (~$5,000) ahead of jobs/CPI prints — this keeps GLD vulnerable to data-driven swings rather than a steady trend. Gold and Silver Technical Analysis: Prices Hold Key Support Ahead of US Jobs Data
• Neutral Sentiment: Structural market shifts like tokenized gold are changing liquidity and access; this can support longer‑term demand but has mixed near‑term ETF flow implications. Tokenized gold is having a major impact on the broader bullion market – SocGen
• Negative Sentiment: Some profit‑taking/technical correction chatter and a recent pullback headline suggest short-term volatility that could weigh on GLD intraday. Gold Falls on Possible Technical Correction
• Negative Sentiment: Allegheny Financial Group trimmed its GLD position by about half in its latest 13F, a small signal of institutional selling (limited market impact given GLD’s size, but notable). Allegheny Financial Group Has $817,000 Stake in SPDR Gold Shares $GLD

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.