Gunderson Capital Management Inc. grew its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 11.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,870 shares of the exchange traded fund’s stock after acquiring an additional 3,314 shares during the period. SPDR Gold Shares comprises 5.9% of Gunderson Capital Management Inc.’s portfolio, making the stock its largest holding. Gunderson Capital Management Inc.’s holdings in SPDR Gold Shares were worth $13,027,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. True Vision MN LLC lifted its position in SPDR Gold Shares by 3.2% in the fourth quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 24 shares during the period. Burns J W & Co. Inc. NY increased its position in SPDR Gold Shares by 0.7% during the 4th quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock worth $1,387,000 after purchasing an additional 25 shares during the period. Boston Standard Wealth Management LLC increased its position in SPDR Gold Shares by 2.8% during the 4th quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock worth $375,000 after purchasing an additional 26 shares during the period. Mccarter Private Wealth Services LLC raised its stake in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after buying an additional 27 shares in the last quarter. Finally, Prudent Investors Network Inc. raised its stake in shares of SPDR Gold Shares by 3.8% during the 3rd quarter. Prudent Investors Network Inc. now owns 734 shares of the exchange traded fund’s stock worth $261,000 after buying an additional 27 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.
More SPDR Gold Shares News
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Fed dovishness and lower yields boosted safe-haven demand for gold, lifting prices and benefiting GLD. Gold Jumps 2.4% as Fed Signals Patience, Trump Weighs Iran War End
- Positive Sentiment: Powell comments that further rate hikes are unlikely reduced rate-risk premia and pushed the dollar and yields lower, supporting gold and GLD. Gold Climbs as Powell Says Interest-Rate Hikes are Unlikely While Reports Say the U.S. May End the Iran War
- Positive Sentiment: Spot gold reclaimed key levels above $4,600 on safe?haven flows and economic data (JOLTS, consumer confidence) that softened rate?cut expectations — supportive for GLD flows and price. Spot gold trades above $4,600/oz after U.S. Consumer Confidence rises
- Positive Sentiment: Technical commentary shows gold testing resistance and potential breakout targets — momentum break could attract momentum and CTA flows into GLD. Gold (XAU/USD) Price Forecast: Breakout Targets Key Fibonacci and MA Levels
- Neutral Sentiment: Longer-term bank/upside forecasts remain bullish (UBS, Commerzbank) but depend on rate cuts and sustained safe-haven demand — supportive context but not immediate catalysts. Gold Has Plummeted Since Iran War Began. Why It Could Climb 35% by July.
- Neutral Sentiment: Industry staffing news (Tether cutting two gold traders) is company?specific to counterparties and unlikely to move GLD directly. Tether cuts two gold traders hired three months ago, source says
- Negative Sentiment: ETF outflows and heavy selling have pressured gold earlier in the month — a headwind for GLD share flows and price if outflows continue. Gold Drops 15% as ETF Outflows Surge, Buyers Begin Stepping In
- Negative Sentiment: Gold remains on track for a large monthly decline amid the Iran war’s market uncertainty — headline risk and volatility can keep investors sidelined and pressure GLD. Gold on track for worst month since 2008 as Iran war enters its fifth week
- Negative Sentiment: Reports that U.S./Iran de?escalation or end?of?war moves could reduce safe?haven demand, which would be a headwind for GLD if confirmed. Gold Climbs as Powell Says Interest-Rate Hikes are Unlikely While Reports Say the U.S. May End the Iran War
SPDR Gold Shares Price Performance
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.
Further Reading
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