SPDR Gold Shares $GLD is Motco’s 10th Largest Position

Motco decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,272 shares of the exchange traded fund’s stock after selling 1,566 shares during the period. SPDR Gold Shares makes up 1.6% of Motco’s investment portfolio, making the stock its 10th largest holding. Motco’s holdings in SPDR Gold Shares were worth $17,545,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in GLD. Bank of Montreal Can acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $556,282,000. Corient Private Wealth LLC boosted its stake in shares of SPDR Gold Shares by 108.1% during the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after acquiring an additional 559,507 shares in the last quarter. Teacher Retirement System of Texas increased its stake in SPDR Gold Shares by 103.7% in the 4th quarter. Teacher Retirement System of Texas now owns 568,900 shares of the exchange traded fund’s stock valued at $225,461,000 after purchasing an additional 289,550 shares in the last quarter. Children s Medical Center Corp purchased a new position in SPDR Gold Shares in the 4th quarter valued at approximately $88,734,000. Finally, iA Global Asset Management Inc. acquired a new position in SPDR Gold Shares during the third quarter worth $77,873,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $417.40 on Thursday. The stock has a fifty day moving average price of $432.24 and a 200 day moving average price of $424.37. The stock has a market cap of $151.81 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 1 year low of $299.89 and a 1 year high of $509.70.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Gold prices strengthened as Treasury yields eased and the dollar declined, improving sentiment for gold-backed assets like SPDR Gold Shares (GLD). Update: Gold Trading Higher as Yields and the Dollar Decline
• Positive Sentiment: Gold also got a lift from falling Treasury yields and weaker oil prices, which helped revive demand for precious metals. Gold, silver rebound as yields ease, Hormuz risk premium narrows – Kitco AM Report
• Positive Sentiment: Some analysts remain constructive on gold over the medium term, citing central-bank buying and expectations that the broader bull market will resume after the recent consolidation. Gold remains a tactical long-term asset, but Bitcoin is undervalued right now – ReSolve Asset Management
• Neutral Sentiment: Technical traders say gold is still in a short-term corrective phase, with prices testing support zones and key moving averages before any stronger rebound. Gold (XAU/USD) Price Forecast: Bearish Correction Tests Key Support Zones
• Neutral Sentiment: Several notes warn that gold remains vulnerable after breaking below key technical levels, with rising bond yields and inflation concerns still creating headwinds. Gold price faces downside risk on break of 200-DMA and $4,350 critical support – Societe Generale
• Negative Sentiment: Gold has recently faced pressure from a surge in Treasury yields and a firmer dollar, which weighed on the metal and likely offset some of the ETF’s safe-haven appeal. Gold and Silver Technical Analysis: Treasury Yield Surge Pressures Metals

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.