SPDR Gold Shares $GLD is Starr Indemnity & Liability Co’s Largest Position

Starr Indemnity & Liability Co boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 11.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 562,220 shares of the exchange traded fund’s stock after buying an additional 57,802 shares during the period. SPDR Gold Shares accounts for approximately 63.3% of Starr Indemnity & Liability Co’s holdings, making the stock its biggest position. Starr Indemnity & Liability Co’s holdings in SPDR Gold Shares were worth $222,813,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. WPG Advisers LLC purchased a new position in SPDR Gold Shares in the 4th quarter worth approximately $25,000. Chapman Financial Group LLC purchased a new position in SPDR Gold Shares in the 2nd quarter worth approximately $26,000. Hopwood Financial Services Inc. purchased a new position in SPDR Gold Shares in the 3rd quarter worth approximately $27,000. Vestwell Advisors LLC purchased a new position in SPDR Gold Shares in the 3rd quarter worth approximately $27,000. Finally, Eukles Asset Management purchased a new position in SPDR Gold Shares in the 4th quarter worth approximately $27,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Some analysts remain constructive long term, with Rockefeller’s Doug Moglia saying gold’s secular bull market is still intact and could move much higher over the next several years. Gold will top $5,500 in 2027, could reach $10,000 by 2030, but silver’s upside will narrow – Rockefeller’s Moglia
• Positive Sentiment: Options activity in GLD leaned bullish, suggesting some traders are positioning for a rebound despite the recent pullback. A battle is brewing in the gold pits. Here are the winners and losers
• Neutral Sentiment: Gold remains volatile and is testing support near the $4,500 area, with traders focused on PCE inflation data, Federal Reserve signaling, and Middle East headlines for the next directional move. Gold and Silver Forecast: PCE Inflation and Iran Tensions Drive Next Move
• Neutral Sentiment: Recent reports point to strong physical demand for bullion, including record Royal Mint gold and silver sales, which supports the long-term case for gold-backed assets. Royal Mint sees record gold, silver bullion sales between January and March
• Negative Sentiment: Spot gold has fallen to a two-month low as crude oil prices eased and inflation fears cooled, reducing some of the demand for safe-haven assets. Update: Gold Trading at a Two-Month Low Even as Falling Oil Prices Ease Inflation Concerns
• Negative Sentiment: UBS cut its 2026 gold forecast to $5,500 an ounce from $5,900, citing elevated Treasury yields and a stronger U.S. dollar as reasons investors may prefer yield-bearing assets over gold. UBS lowers 2026 gold price forecast to $5,500/oz: ‘Markets are rediscovering the concept of opportunity cost’
• Negative Sentiment: Gold and silver are also being weighed down by record U.S. equity highs, a firmer dollar, and easing Middle East risk premium, which have reduced safe-haven buying. Gold tests $4,450 as stocks hit records, oil drops – Kitco PM Report

SPDR Gold Shares Trading Down 1.3%

NYSEARCA GLD opened at $408.49 on Thursday. The stock’s 50 day moving average is $426.74 and its 200 day moving average is $426.03. SPDR Gold Shares has a 12 month low of $299.89 and a 12 month high of $509.70. The stock has a market cap of $148.57 billion, a PE ratio of -32.43 and a beta of 0.15.

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.