Total Wealth Planning & Management Inc. Takes $1.29 Million Position in SPDR Gold Shares $GLD

Total Wealth Planning & Management Inc. acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 3,262 shares of the exchange traded fund’s stock, valued at approximately $1,293,000. SPDR Gold Shares makes up about 1.0% of Total Wealth Planning & Management Inc.’s portfolio, making the stock its 19th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Calder Financial LLC acquired a new position in SPDR Gold Shares in the fourth quarter worth approximately $807,000. Empirical Asset Management LLC increased its holdings in SPDR Gold Shares by 256.7% in the third quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock worth $12,941,000 after buying an additional 26,197 shares during the last quarter. Colonial Trust Advisors increased its holdings in SPDR Gold Shares by 7.6% in the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock worth $7,010,000 after buying an additional 1,385 shares during the last quarter. Crescent Grove Advisors LLC increased its holdings in SPDR Gold Shares by 25.3% in the fourth quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock worth $6,230,000 after buying an additional 3,175 shares during the last quarter. Finally, Ervin Investment Management LLC acquired a new position in SPDR Gold Shares in the fourth quarter worth approximately $7,178,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $411.27 on Friday. The stock’s 50 day moving average price is $425.14 and its 200 day moving average price is $427.44. SPDR Gold Shares has a 52 week low of $299.89 and a 52 week high of $509.70. The company has a market capitalization of $149.58 billion, a P/E ratio of -32.43 and a beta of 0.14.

Key SPDR Gold Shares News

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

• Positive Sentiment: Gold prices moved higher as the dollar and Treasury yields fell, supporting demand for non-yielding assets like gold. Update: Gold Trading Higher as the Dollar and Yields Fall as Israel and Lebanon Agree to a Ceasefire
• Positive Sentiment: Gold reclaimed the $4,500 level after weaker-than-expected U.S. jobless claims reinforced the case for slower growth and potential Fed easing. Spot gold reclaims $4,500/oz after U.S. weekly jobless claims rise to 225k
• Positive Sentiment: Analysts said deglobalization and a global scramble for strategic resources are strengthening gold’s long-term case as a reserve asset. Deglobalization sparks race for strategic resources, driving gold and copper outlook – Sohn Montreal
• Neutral Sentiment: Some technical traders see gold testing key support and resistance levels, suggesting the metal may be near an inflection point rather than in a clear trend. Gold (XAU/USD) Price Forecast: Falling Wedge Signals Key Inflection Zone
• Neutral Sentiment: Central banks returned to net buying in April, which supports gold demand, but the pace was modest and not enough to offset broader macro swings. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
• Negative Sentiment: China’s gold market is showing signs of cooling, including weaker ETF inflows, which could temper one of the major demand pillars behind the rally. China’s gold market is cooling, multiple metrics show
• Negative Sentiment: Several reports note that hotter inflation, stronger U.S. data, and rising rate-hike expectations have recently pressured gold below key technical levels. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike

About SPDR Gold Shares

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.