HUB Investment Partners LLC Raises Holdings in SPDR Gold Shares $GLD

HUB Investment Partners LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 12.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,427 shares of the exchange traded fund’s stock after purchasing an additional 3,140 shares during the period. HUB Investment Partners LLC’s holdings in SPDR Gold Shares were worth $10,472,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of GLD. Brighton Jones LLC increased its stake in SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after purchasing an additional 1,903 shares in the last quarter. Bison Wealth LLC lifted its stake in shares of SPDR Gold Shares by 77.8% during the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after buying an additional 2,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of SPDR Gold Shares during the first quarter valued at $16,014,000. Schnieders Capital Management LLC. grew its holdings in shares of SPDR Gold Shares by 4.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after buying an additional 275 shares during the last quarter. Finally, Prudential Financial Inc. purchased a new stake in shares of SPDR Gold Shares during the second quarter valued at $337,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: GLD attracted approximately $1 billion in inflows on August 17, signaling strong investor demand for the gold-backed ETF and potentially helping cushion downside pressure. Daily ETF Flows: GLD Takes In $1B
• Positive Sentiment: Wells Fargo maintained a bullish precious-metals outlook and projected gold could reach $4,900 in 2026, citing falling expectations for additional rate hikes, continued Asian and central-bank demand, and an anticipated further rise by year-end. Wells Fargo reiterates positive outlook for precious metals
• Positive Sentiment: The World Gold Council said gold’s diversification benefits, distinctive supply-and-demand characteristics, and resilience across market conditions make it a strategic portfolio allocation. Gold performs like nothing else in the commodity complex
• Neutral Sentiment: Iran-related geopolitical risk and weaker U.S. housing data could sustain safe-haven demand for gold, but markets remain focused on upcoming Federal Reserve minutes and the competing effects of inflation and economic weakness. Gold and Silver Price Forecast: Fed Minutes Loom
• Negative Sentiment: Gold retreated as higher long-term Treasury yields increased the opportunity cost of holding a non-yielding asset. Fiscal concerns, heavy Treasury issuance, and oil-related inflation risks are keeping yields elevated despite softer economic data. Can Gold Prices Hold as 30-Year Yields Hit 19-Year Highs?
• Negative Sentiment: Technical momentum weakened after gold failed to decisively break the $4,500 area; analysts warn that a short-term reversal could test support near $4,311, which may weigh on GLD in the near term. Gold Price Forecast: Can Bulls Reclaim the 200-Day Moving Average?

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $398.55 on Wednesday. The stock’s fifty day moving average price is $380.77 and its 200 day moving average price is $418.23. SPDR Gold Shares has a 1 year low of $305.19 and a 1 year high of $509.70. The company has a market cap of $140.73 billion, a price-to-earnings ratio of -32.43 and a beta of 0.17.

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.