Mariner LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 446,766 shares of the exchange traded fund’s stock after selling 9,215 shares during the period. Mariner LLC owned about 0.12% of SPDR Gold Shares worth $158,802,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in GLD. Chapman Financial Group LLC purchased a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at approximately $26,000. Hopwood Financial Services Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $27,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $31,000. Traub Capital Management LLC acquired a new position in shares of SPDR Gold Shares during the second quarter worth $34,000. Finally, Kilter Group LLC acquired a new position in shares of SPDR Gold Shares during the second quarter worth $34,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
NYSEARCA:GLD opened at $460.43 on Tuesday. SPDR Gold Shares has a 12 month low of $272.58 and a 12 month high of $509.70. The firm has a market capitalization of $175.01 billion, a PE ratio of -32.43 and a beta of 0.09. The business’s fifty day moving average price is $455.34 and its 200 day moving average price is $401.08.
Key SPDR Gold Shares News
- Positive Sentiment: Middle East tensions and a possible Strait of Hormuz closure are keeping safe?haven demand elevated, supporting bullion and therefore GLD flows and NAV. Gold (XAUUSD) & Silver Price Forecast
- Positive Sentiment: UBS says gold is still positioned to gain roughly 20% above current prices in 2026, a bullish institutional view that could underpin longer?term demand for GLD from investors seeking inflation/geohedge exposure. Gold is still set to gain 20% above current prices in 2026 – UBS
- Positive Sentiment: Some U.S. states and institutions are increasing physical gold holdings as a reserve strategy, which is supportive of bullion demand and could be positive for GLD over time. Inside an Old Newspaper Building, Wyoming Is Stashing 2,312 Ounces of Gold
- Neutral Sentiment: Analysts flag that the upcoming Fed decisions and technical pivot levels could trigger sharp short?term moves in gold; this raises volatility risk for GLD but doesn’t dictate direction. Gold (XAUUSD) Forecast: Fed Decision Could Trigger the Next Major Move
- Negative Sentiment: A stronger U.S. dollar and rising Treasury yields have at times pushed investors into cash and bonds, pulling money away from gold ETFs and pressuring GLD. Gold Slips as Investors Turn to the Dollar and Bonds Amid Middle East Violence
- Negative Sentiment: Coverage notes that gold ETFs have not surged despite the Iran war—liquidity stress, a firmer dollar and higher yields have capped ETF inflows, which is a headwind for GLD’s price performance. A Few Reasons Why Gold ETFs Failed to Surge Amid Iran War
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.
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