Wise Wealth Partners Cuts Stock Position in SPDR Gold Shares $GLD

Wise Wealth Partners lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 14,250 shares of the exchange traded fund’s stock after selling 1,293 shares during the quarter. SPDR Gold Shares comprises 8.1% of Wise Wealth Partners’ portfolio, making the stock its 2nd biggest holding. Wise Wealth Partners’ holdings in SPDR Gold Shares were worth $5,647,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Brighton Jones LLC grew its stake in SPDR Gold Shares by 20.4% in the fourth 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 during the last quarter. Bison Wealth LLC increased its position in SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in SPDR Gold Shares in the first quarter valued at about $16,014,000. Schnieders Capital Management LLC. increased 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 acquiring an additional 275 shares in the last quarter. Finally, Prudential Financial Inc. acquired a new position in SPDR Gold Shares during the 2nd quarter valued at approximately $337,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: Central-bank buying remains a tailwind: analysts note monthly official purchases (reported ~60 tonnes/month), which underpin physical demand and support bullion and GLD over the medium term. Gold (XAUUSD) & Silver Price Forecast
• Positive Sentiment: Geopolitical and central-bank demand create dip-buying opportunities: reports highlight China and other buyers stepping in on pullbacks, keeping a floor under prices and GLD flows. Gold demand anchored in mispriced risk as China buying signals ‘dip’ opportunity
• Neutral Sentiment: Recent selloff may be profit-taking rather than a regime change: coverage suggests funds and traders trimmed positions after a strong run, implying the pullback could be temporary if macro risks re?intensify. Gold Funds Have Dipped. Are They Still a Good Hedge in This Market?
• Neutral Sentiment: GLD vs. equities: some coverage notes GLD has recently outpaced the S&P, reflecting its role as a portfolio diversifier even amid short-term weakness. That relative performance can attract defensive flows. GLD outpaces S&P 500 as gold outlook splits analysts
• Negative Sentiment: Oil spike lifts inflation and delays rate-cut hopes, pushing yields and the dollar higher—this dynamic reduces non?yielding gold’s appeal and has pressured prices and GLD flows. Gold News: Gold Price Future Clouded by Oil Spike and Rate Outlook
• Negative Sentiment: Technical weakness: analysts point to a wedge breakdown and failed moving-average support, flagging downside targets that could prolong short-term selling pressure on GLD. Gold (XAU/USD) Price Forecast: Wedge Breakdown Signals Further Weakness
• Negative Sentiment: Price action: gold recently hit a two?week low as oil reclaimed $100+/barrel, reinforcing inflation and rate?for?longer fears—this near?term backdrop is a headwind for GLD. Gold hits two-week low: are rising oil prices to blame?

SPDR Gold Shares Price Performance

Shares of GLD opened at $431.04 on Friday. The company’s fifty day moving average price is $447.48 and its 200-day moving average price is $417.90. The firm has a market capitalization of $159.87 billion, a PE ratio of -32.43 and a beta of 0.20. SPDR Gold Shares has a 1-year low of $291.78 and a 1-year high of $509.70.

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.