1,339 Shares in SPDR Gold Shares $GLD Bought by Convergence Financial LLC

Convergence Financial LLC bought a new position in SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,339 shares of the exchange traded fund’s stock, valued at approximately $531,000.

A number of other large investors also recently modified their holdings of the company. Curio Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 1.9% in the 4th quarter. Curio Wealth LLC now owns 1,619 shares of the exchange traded fund’s stock worth $667,000 after purchasing an additional 30 shares in the last quarter. Avise Financial Cooperative Inc. bought a new position in shares of SPDR Gold Shares in the 4th quarter worth $466,000. Vise Technologies Inc. lifted its holdings in shares of SPDR Gold Shares by 122.2% in the 4th quarter. Vise Technologies Inc. now owns 20,762 shares of the exchange traded fund’s stock worth $8,228,000 after purchasing an additional 11,418 shares in the last quarter. SFI Advisors LLC bought a new position in shares of SPDR Gold Shares in the 4th quarter worth $231,000. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of SPDR Gold Shares by 6.0% in the 4th quarter. Daiwa Securities Group Inc. now owns 14,100 shares of the exchange traded fund’s stock worth $5,588,000 after purchasing an additional 800 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.8%

Shares of GLD opened at $411.27 on Friday. The business’s fifty day moving average is $425.14 and its 200 day moving average is $427.44. 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 $149.58 billion, a P/E ratio of -32.43 and a beta of 0.14.

Key SPDR Gold Shares News

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

• Positive Sentiment: Gold prices moved higher as the dollar and Treasury yields fell, supporting demand for non-yielding assets like gold. Update: Gold Trading Higher as the Dollar and Yields Fall as Israel and Lebanon Agree to a Ceasefire
• Positive Sentiment: Gold reclaimed the $4,500 level after weaker-than-expected U.S. jobless claims reinforced the case for slower growth and potential Fed easing. Spot gold reclaims $4,500/oz after U.S. weekly jobless claims rise to 225k
• Positive Sentiment: Analysts said deglobalization and a global scramble for strategic resources are strengthening gold’s long-term case as a reserve asset. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
• Neutral Sentiment: Some technical traders see gold testing key support and resistance levels, suggesting the metal may be near an inflection point rather than in a clear trend. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Key Inflection Zone
• Neutral Sentiment: Central banks returned to net buying in April, which supports gold demand, but the pace was modest and not enough to offset broader macro swings. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
• Negative Sentiment: China’s gold market is showing signs of cooling, including weaker ETF inflows, which could temper one of the major demand pillars behind the rally. China’s gold market is cooling, multiple metrics show
• Negative Sentiment: Several reports note that hotter inflation, stronger U.S. data, and rising rate-hike expectations have recently pressured gold below key technical levels. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike

About SPDR Gold Shares

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.