Barry Investment Advisors LLC Has $4.62 Million Stake in SPDR Gold Shares $GLD

Barry Investment Advisors LLC lowered its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 56.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,745 shares of the exchange traded fund’s stock after selling 13,886 shares during the period. SPDR Gold Shares makes up about 1.0% of Barry Investment Advisors LLC’s portfolio, making the stock its 25th largest holding. Barry Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $4,623,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Calder Financial LLC acquired a new position in SPDR Gold Shares during the fourth quarter valued at approximately $807,000. Crescent Grove Advisors LLC lifted its stake in SPDR Gold Shares by 25.3% during the fourth quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock worth $6,230,000 after purchasing an additional 3,175 shares during the last quarter. Cidel Asset Management Inc. boosted its holdings in shares of SPDR Gold Shares by 69.8% in the 1st quarter. Cidel Asset Management Inc. now owns 3,368 shares of the exchange traded fund’s stock valued at $1,449,000 after purchasing an additional 1,384 shares in the last quarter. Ervin Investment Management LLC bought a new position in shares of SPDR Gold Shares in the 4th quarter valued at $7,178,000. Finally, NerdWallet Wealth Partners LLC bought a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $1,033,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $373.63 on Monday. SPDR Gold Shares has a 52 week low of $299.89 and a 52 week high of $509.70. The stock has a market capitalization of $135.89 billion, a P/E ratio of -32.43 and a beta of 0.14. The stock has a fifty day moving average of $411.07 and a 200-day moving average of $427.81.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Gold gained ground as the U.S. dollar pulled back from recent highs and Treasury yields eased, helping precious metals recover from pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Ground As Dollar Moves Away From Yearly Highs
• Positive Sentiment: Gold found support around the key $4,000 level and bounced as traders bought the dip after recent weakness. Gold Price Analysis – Gold Attempting to Bounce from $4000 Region
• Positive Sentiment: Weaker inflation expectations and slightly better consumer sentiment supported a move higher in spot gold during Friday trading. Spot gold hits session high near 4080/oz after final Consumer Sentiment rises to 49.5, one-year and long-term inflation expectations ease
• Neutral Sentiment: Some analysts still see gold’s longer-term structure as constructive, supported by central bank buying and continued industrial demand in related metals. Gold (XAUUSD) & Silver Price Forecast: Gold Retests $4,010 as Silver Breaks $56.50 Amid Ceasefire — Bearish Turn?
• Negative Sentiment: Multiple market reports warned that gold remains under pressure from a strong dollar, hawkish Fed expectations, and resilient U.S. data, with some analysts calling for deeper downside. Gold (XAU/USD) Price Forecast: Trendline Break Signals Bearish Extension
• Negative Sentiment: Other commentary suggested gold could still fall further, with prices struggling below $4,000 and bearish outlooks pointing to continued downside if support fails. Gold Declines; Prices Could Have Further to Fall

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.