Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 5.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 397,919 shares of the exchange traded fund’s stock after purchasing an additional 18,946 shares during the quarter. SPDR Gold Shares accounts for about 1.1% of Banco Bilbao Vizcaya Argentaria S.A.’s investment portfolio, making the stock its 12th largest holding. Banco Bilbao Vizcaya Argentaria S.A. owned 0.11% of SPDR Gold Shares worth $140,410,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of GLD. Chapman Financial Group LLC purchased a new stake in SPDR Gold Shares during the second quarter valued at about $26,000. Hopwood Financial Services Inc. purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. acquired a new position in SPDR Gold Shares in the 3rd quarter worth approximately $31,000. Traub Capital Management LLC acquired a new position in SPDR Gold Shares in the 2nd quarter worth approximately $34,000. Finally, Kilter Group LLC purchased a new position in SPDR Gold Shares during the 2nd quarter worth approximately $34,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Down 1.3%
GLD opened at $460.84 on Friday. The firm has a market capitalization of $175.17 billion, a P/E ratio of -32.43 and a beta of 0.09. The stock has a fifty day moving average of $454.30 and a 200-day moving average of $399.45. SPDR Gold Shares has a 12-month low of $272.58 and a 12-month high of $509.70.
Key Headlines Impacting SPDR Gold Shares
- Positive Sentiment: Geopolitical risk and safe-haven demand are keeping longer-term interest in gold ETFs intact, supporting fund flows into products like GLD and underpinning baseline demand for bullion. Here’s Why Gold ETFs Remain a Smart Long-Term Portfolio Bet
- Positive Sentiment: Multiple reports note buyers appear on dips and spot gold holding technical support near key levels (~$5,100/oz), which can stabilize GLD if those supports hold. Gold prices holding support at $5,100 as U.S. JOLTS shows rise in job openings
- Neutral Sentiment: Analysts and technical strategists expect continued volatility—weekly analysis flags competing forces (central bank policy, war headlines) that could produce choppy trading for GLD. Gold Weekly Price Analysis – Gold Continues to See Rates, Central Banks, and War Drive Pricing
- Neutral Sentiment: Commentary suggests miners and related equities could outperform bullion in a rally, which can divert some speculative capital away from GLD into mining stocks. This is a sector rotation nuance rather than a direct hit to GLD’s gold exposure. Gold miners could double even if bullion stalls, says Ninepoint portfolio manager
- Negative Sentiment: Liquidity squeeze and dollar strength ahead of the Fed meeting are cited as near-term selling pressures— a stronger USD reduces dollar-priced gold demand and weighs on GLD. Gold under pressure as liquidity crunch boosts dollar ahead of Fed meeting
- Negative Sentiment: Technicals point to downside risk: multiple FXEmpire pieces identify bear-flag/wedge breakdown setups with targets below current spot—this technical bias can accelerate flows out of GLD if triggered. Gold (XAU/USD) Price Forecast: Bear Flag Signals Potential Downside Targets
- Negative Sentiment: Rising oil/inflation expectations and higher Treasury yields are cited as lifting real rates and capping gold’s upside; several outlets link higher yields to weaker bullion performance. Gold Falls as Rising Oil Prices Spur Inflation Worries
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.
Further Reading
- Five stocks we like better than SPDR Gold Shares
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- A personal warning from Martin Weiss (Please read)
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
