Ticino Wealth Buys Shares of 1,691 SPDR Gold Shares $GLD

Ticino Wealth purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,691 shares of the exchange traded fund’s stock, valued at approximately $670,000.

A number of other institutional investors have also added to or reduced their stakes in GLD. First Eagle Investment Management LLC increased its position in SPDR Gold Shares by 2.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock valued at $899,764,000 after buying an additional 66,416 shares in the last quarter. Bank of Montreal Can bought a new position in SPDR Gold Shares during the 3rd quarter valued at about $556,282,000. Ameriprise Financial Inc. raised its position in SPDR Gold Shares by 3.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock worth $554,139,000 after purchasing an additional 50,756 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of SPDR Gold Shares by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock valued at $434,701,000 after buying an additional 35,619 shares during the period. Finally, Barclays PLC boosted its holdings in SPDR Gold Shares by 1.4% during the 3rd quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock valued at $400,037,000 after acquiring an additional 15,932 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.7%

NYSEARCA GLD opened at $438.90 on Tuesday. SPDR Gold Shares has a 12 month low of $291.78 and a 12 month high of $509.70. The stock has a market cap of $161.56 billion, a PE ratio of -32.43 and a beta of 0.20. The company’s 50-day moving average price is $449.19 and its 200-day moving average price is $417.18.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Middle East flareups and a recent U.S. seizure of an Iranian ship have re?introduced inflation and risk?premium jitters that can support safe?haven demand for gold. Gold (XAUUSD) & Silver Price Forecast: Gold Dips to $4,780 as Hormuz Blockade Reasserts – Is a Surge to $5,000 Next?
• Positive Sentiment: Traders are watching the looming end of the cease?fire in the Middle East; any deterioration could quickly push capital back into GLD as a hedge. Gold Consolidates as End of Cease-Fire Looms
• Neutral Sentiment: Day?trader and technical notes highlight key intra?day entry and stop levels — useful for short?term GLD positioning but not a directionally decisive factor by itself. Gold market analysis for April 21 – key intra-day price entry levels for active traders
• Neutral Sentiment: Technical commentaries note consolidation and support/resistance bands — these guide short?term trade management but leave GLD vulnerable to macro shocks. Gold and Silver Technical Analysis: Inflation Fears Return as Hormuz Tensions Rise
• Negative Sentiment: A stronger-than-expected jump in U.S. retail sales raises the odds the Fed delays rate cuts, which pressures gold and by extension GLD. Interest?rate expectations are the single largest near?term risk. Gold prices could struggle as jump in US retail sales could delay rate cuts
• Negative Sentiment: ETF flow and allocation shifts: investors have been rotating billions back into equities, pulling money from safe?haven and short?duration products — a headwind for GLD inflows. Investors Rotate Into Equities as Iran War Fears Ease
• Negative Sentiment: Persistent USD strength and higher Treasury yields are applying price pressure on gold, keeping GLD on the defensive until yields retreat or risk?off momentum returns. Price pressure on gold, silver amid firmer USDX, uptick in bond yields

SPDR Gold Shares 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.