Vise Technologies Inc. raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 122.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,762 shares of the exchange traded fund’s stock after buying an additional 11,418 shares during the period. Vise Technologies Inc.’s holdings in SPDR Gold Shares were worth $8,228,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of GLD. Brighton Jones LLC increased its stake in SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares during the period. Bison Wealth LLC increased its stake in SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in SPDR Gold Shares during the 1st quarter valued at about $16,014,000. Schnieders Capital Management LLC. increased its stake in SPDR Gold Shares by 4.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after buying an additional 275 shares during the period. Finally, Prudential Financial Inc. acquired a new position in SPDR Gold Shares during the 2nd quarter valued at about $337,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Trading Up 0.8%
SPDR Gold Shares stock opened at $411.27 on Friday. The stock has a market cap of $149.58 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14. The company’s 50-day moving average price is $425.14 and its two-hundred day moving average price is $427.44. SPDR Gold Shares has a 52 week low of $299.89 and a 52 week high of $509.70.
More SPDR Gold Shares News
- Positive Sentiment: Central banks bought net 17 tonnes of gold in April, reinforcing long-term demand for bullion and supporting GLD’s investment case. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
- Positive Sentiment: Some strategists remain bullish on gold, citing deglobalization and strategic resource competition as forces that could keep the commodity cycle strong. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
- Neutral Sentiment: Gold prices briefly rebounded as the dollar and Treasury yields eased, showing that GLD can still benefit from softer rate expectations. Update: Gold Trading Higher as the Dollar and Yields Fall as Israel and Lebanon Agree to a Ceasefire
- Negative Sentiment: Gold has recently fallen below key support levels as traders price in renewed Fed hike risk, which is weighing on GLD. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike
- Negative Sentiment: Stronger U.S. economic data, including upbeat services and job-creation figures, has reduced urgency for rate cuts and pressured gold prices. Gold off session lows after ISM Services PMI rises to 54.5 in May
- Negative Sentiment: Recent market commentary says China’s gold market is cooling, which may soften a major source of ETF and physical demand. China’s gold market is cooling, multiple metrics show
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.
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