SPDR Gold Shares $GLD Shares Sold by Trek Financial LLC

Trek Financial LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 58.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,344 shares of the exchange traded fund’s stock after selling 18,410 shares during the quarter. Trek Financial LLC’s holdings in SPDR Gold Shares were worth $5,288,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of GLD. Bank of Montreal Can acquired a new position in SPDR Gold Shares during the 3rd quarter valued at approximately $556,282,000. Corient Private Wealth LLC increased its stake in 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 valued at $327,500,000 after purchasing an additional 559,507 shares in the last quarter. Teacher Retirement System of Texas increased its stake in SPDR Gold Shares by 103.7% during 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 acquired a new position in SPDR Gold Shares during 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 3rd quarter valued at approximately $77,873,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Global gold ETFs saw fresh inflows, suggesting investors are still adding exposure to bullion even with inflation risks rising. Global gold ETFs see fresh inflows despite rising inflation risks
• Positive Sentiment: Reports that U.S. gold exports surged as metal leaves Wall Street vaults to satisfy China’s strong demand point to tight physical supply and supportive global buying trends. U.S. gold exports surge 285% as Wall Street drains vaults to feed China’s generational gold rush
• Positive Sentiment: Gold remained elevated near record territory in several market updates, helped by central bank demand, safe-haven interest, and positioning-related buying. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Tests $4,700 Support, Silver Hits $84.10 — Next Break?
• Neutral Sentiment: Some articles noted gold holding steady or trading around key support as ceasefire progress reduced safe-haven demand, which may cap upside in the short term. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Tests $4,665 Support, Silver Eyes $82 Breakout?
• Neutral Sentiment: Traders are waiting for U.S. inflation data and watching oil and Treasury yields, which could drive the next move in gold and, by extension, GLD. Gold News: Gold Price Eyes Breakout as CPI Inflation Data Looms
• Negative Sentiment: Gold has also faced pressure at times from rising crude oil prices and renewed inflation concerns, which can strengthen yields and make the metal less attractive in the near term. Gold Falls on Renewed Inflation Concerns
• Negative Sentiment: One report said jewelry demand fell sharply as high gold prices curbed consumer buying, highlighting a potential demand headwind if prices stay elevated. Gold prices reshape engagement ring market as jewellery demand slumps

SPDR Gold Shares Trading Up 0.2%

Shares of SPDR Gold Shares stock opened at $434.65 on Tuesday. SPDR Gold Shares has a 12-month low of $291.78 and a 12-month high of $509.70. The firm has a market capitalization of $158.08 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The firm’s 50 day simple moving average is $439.65 and its two-hundred day simple moving average is $421.85.

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.