SOL Capital Management CO Reduces Stock Holdings in SPDR Gold Shares $GLD

SOL Capital Management CO trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 68.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 800 shares of the exchange traded fund’s stock after selling 1,750 shares during the period. SOL Capital Management CO’s holdings in SPDR Gold Shares were worth $317,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Carrera Capital Advisors purchased a new position in shares of SPDR Gold Shares in the 4th quarter valued at $444,000. Caldwell Trust Co grew its position in shares of SPDR Gold Shares by 6.7% in the 4th quarter. Caldwell Trust Co now owns 2,322 shares of the exchange traded fund’s stock valued at $920,000 after buying an additional 145 shares during the last quarter. Strategic Blueprint LLC grew its position in shares of SPDR Gold Shares by 2.6% in the 4th quarter. Strategic Blueprint LLC now owns 30,755 shares of the exchange traded fund’s stock valued at $12,188,000 after buying an additional 789 shares during the last quarter. Opus Capital Group LLC grew its position in shares of SPDR Gold Shares by 2.8% in the 4th quarter. Opus Capital Group LLC now owns 1,118 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 30 shares during the last quarter. Finally, Boyer Financial Services Inc. purchased a new position in shares of SPDR Gold Shares in the 4th quarter valued at $207,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $417.41 on Thursday. The firm’s fifty day moving average price is $444.89 and its 200 day moving average price is $419.88. The company has a market capitalization of $152.90 billion, a price-to-earnings ratio of -32.43 and a beta of 0.20. SPDR Gold Shares has a 12 month low of $291.78 and a 12 month high of $509.70.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Central-bank buying and strong bar/coin retail demand continue to underpin long-term gold demand, providing a structural floor beneath GLD even as prices pull back. Bar and coin demand drives gold market as central banks stay resilient amid geopolitical strain – WGC
• Positive Sentiment: Fed Chair Powell’s comments signaling “patience” on rate moves produced an intraday bounce in gold, showing that dovish-leaning language can still spur short-covering in GLD. Gold prices bounce off session lows as Powell signals patience on rates, defends Fed independence
• Neutral Sentiment: Some outlets note a tentative technical recovery into early trade, indicating short-term chop rather than a clear trend reversal — useful for traders but not decisive for a change in the broader downtrend. Gold Edges Higher on Likely Technical Recovery
• Neutral Sentiment: Macro forecasts (e.g., World Bank commentary) suggest a volatile range with upside capped in 2026 — this tempers enthusiasm for a sustained GLD rally even as structural buyers remain active. World Bank sees ceiling above gold and silver prices through 2026 amid market volatility
• Negative Sentiment: Fed “higher-for-longer” messaging has pushed real yields and the dollar up, a primary driver pressuring gold and GLD as opportunity cost of holding non-yielding bullion rises. Gold News: Gold Market Pressured by Fed Stance, Stronger Dollar, Fading Gold Breakout Hopes
• Negative Sentiment: Technical charts show a bearish breakdown (rising-wedge failure) and momentum pointing toward key Fibonacci and 200?day MA support zones — technicians may add selling/shorts near resistance. Gold (XAU/USD) Price Forecast: Bearish Momentum Builds Toward Key Support Zones
• Negative Sentiment: Options positioning shows explicit bearish bets in GLD (sales of upside calls and purchases of downside puts), signaling investor skew toward further downside. A million-dollar gold bear emerges ahead of the Fed decision
• Negative Sentiment: Price action has already moved lower (month lows and roughly a double?digit pullback since February), with surging oil/energy concerns complicating the inflation/rate outlook and weighing on gold near-term. Gold Falls 14% Since February As Oil Surge Clouds Rate Outlook

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.