SPDR Gold Shares $GLD Shares Purchased by Phoenix Financial Ltd.

Phoenix Financial Ltd. boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 30,280 shares of the exchange traded fund’s stock after purchasing an additional 2,684 shares during the quarter. Phoenix Financial Ltd.’s holdings in SPDR Gold Shares were worth $12,000,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GLD. Calder Financial LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth $807,000. Empirical Asset Management LLC increased its position in SPDR Gold Shares by 256.7% during the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock worth $12,941,000 after purchasing an additional 26,197 shares in the last quarter. Colonial Trust Advisors increased its position in SPDR Gold Shares by 7.6% during the 3rd quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock worth $7,010,000 after purchasing an additional 1,385 shares in the last quarter. FAS Wealth Partners Inc. raised its stake in SPDR Gold Shares by 71.1% in the 3rd quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock valued at $7,435,000 after purchasing an additional 8,691 shares during the last quarter. Finally, Ervin Investment Management LLC acquired a new position in SPDR Gold Shares in the 4th quarter valued at about $7,178,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Gold has held up around record-high territory and remained above key support levels, suggesting underlying demand is still strong even after intraday swings. Silver drops 4.6% as yields rise, gold holds above $4,650 – Kitco PM Report
• Positive Sentiment: Weakness in weekly jobless claims and easing Treasury yields helped gold rebound earlier in the session, supporting gold-backed ETFs like GLD. Spot gold approaching session high after U.S. weekly jobless claims rise to 211k
• Neutral Sentiment: Gold is consolidating in a tight range near a potential breakout zone, so traders are waiting for a fresh catalyst before making a bigger move. Gold (XAU/USD) Price Forecast: Range Compression Near Key Breakout Zone
• Neutral Sentiment: Mixed inflation and labor data are keeping gold directionless for now, with investors watching whether supportive safe-haven demand outweighs higher-rate headwinds. Gold and silver await fresh catalyst despite supportive fundamentals – Sucden Financials
• Negative Sentiment: A stronger U.S. dollar and hot inflation data are pressuring gold prices by weighing on expectations for near-term rate cuts. Gold News: Gold Price Struggles as Dollar Rally Extends to Four Days
• Negative Sentiment: Rising Treasury yields and the dollar’s strength have also contributed to midweek weakness in gold, which can translate into softer GLD trading. Gold News: Gold Price Future Weakens After PPI Shock and Rising Treasury Yields

SPDR Gold Shares Trading Down 0.8%

NYSEARCA:GLD opened at $427.21 on Friday. SPDR Gold Shares has a 12-month low of $291.78 and a 12-month high of $509.70. The firm has a market cap of $155.38 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The company’s 50-day moving average is $436.63 and its two-hundred day moving average is $422.96.

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.