Huntington National Bank Has $12.13 Million Position in SPDR Gold Shares $GLD

Huntington National Bank increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 14.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,599 shares of the exchange traded fund’s stock after buying an additional 3,855 shares during the quarter. Huntington National Bank’s holdings in SPDR Gold Shares were worth $12,127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. WPG Advisers LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter valued at approximately $25,000. Chapman Financial Group LLC acquired a new position in shares of SPDR Gold Shares in the second quarter valued at approximately $26,000. Hopwood Financial Services Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $27,000. Vestwell Advisors LLC acquired a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $27,000. Finally, Eukles Asset Management acquired a new position in shares of SPDR Gold Shares in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

More SPDR Gold Shares News

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

• Positive Sentiment: Gold rebounded as weaker U.S. GDP and softer dollar pressure offset some inflation concerns linked to the Strait of Hormuz and U.S.-Iran headlines. Gold rebounds as weak GDP offsets Hormuz risk – Kitco PM Report
• Positive Sentiment: Weaker-than-expected U.S. jobless claims and new-home sales data added support by reinforcing the case for eventual Fed rate cuts, which can help gold and GLD. Gold price finding new support as U.S. New home sales drop 6.2% in April
• Positive Sentiment: Traders also bought gold on hopes that lower Fed hawkishness and possible Iran-related de-escalation could still keep the broader gold uptrend intact. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
• Neutral Sentiment: Several technical reports said gold is testing key support near the 200-day moving average and could be forming a rebound pattern, suggesting near-term stabilization rather than a clear trend reversal. Gold (XAU/USD) Price Forecast: Reversal Signals Build Near 200-Day
• Negative Sentiment: Gold also fell to a two-month low earlier as stronger inflation prints, firmer oil prices, and a stronger dollar reduced the appeal of non-yielding bullion. Gold tumbles to two-month low as inflation hedge status fades
• Negative Sentiment: Higher Treasury yields and persistent dollar strength remain a key headwind, and UBS cut its 2026 gold forecast, signaling that elevated opportunity cost could keep pressure on GLD. UBS lowers 2026 gold price forecast to $5,500/oz

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $412.77 on Friday. The business has a 50 day moving average of $425.81 and a 200-day moving average of $426.34. SPDR Gold Shares has a 1 year low of $299.89 and a 1 year high of $509.70. The company has a market capitalization of $150.12 billion, a P/E ratio of -32.43 and a beta of 0.15.

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.