SPDR Gold Shares $GLD Shares Acquired by GTS Securities LLC

GTS Securities LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 751.3% during the second quarter, Holdings Channel reports. The firm owned 81,942 shares of the exchange traded fund’s stock after purchasing an additional 72,317 shares during the period. SPDR Gold Shares makes up approximately 0.6% of GTS Securities LLC’s investment portfolio, making the stock its 29th largest position. GTS Securities LLC’s holdings in SPDR Gold Shares were worth $30,186,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Corient Private Wealth LLC lifted its stake in SPDR Gold Shares by 571.3% in the fourth quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock valued at $1,565,118,000 after buying an additional 3,360,966 shares during the last quarter. Morgan Stanley grew its position in SPDR Gold Shares by 22.4% during the 4th quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock worth $5,506,229,000 after purchasing an additional 2,539,266 shares during the last quarter. Virtu Financial LLC acquired a new position in SPDR Gold Shares in the fourth quarter valued at $474,952,000. Marino Management LLC acquired a new position in SPDR Gold Shares in the 4th quarter valued at about $438,475,000. Finally, Diamant Asset Management Inc. increased its holdings in shares of SPDR Gold Shares by 42,929.0% in the first quarter. Diamant Asset Management Inc. now owns 697,070 shares of the exchange traded fund’s stock valued at $299,942,000 after purchasing an additional 695,450 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $408.89 on Friday. The company has a market cap of $144.38 billion, a P/E ratio of -32.43 and a beta of 0.17. SPDR Gold Shares has a one year low of $314.64 and a one year high of $509.70. The firm has a fifty day moving average of $385.89 and a two-hundred day moving average of $416.61.

Key SPDR Gold Shares News

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

• Positive Sentiment: Analysts continue to see a favorable long-term setup for gold because of the United States’ approximately $40 trillion debt burden, fiscal concerns and the risk of currency debasement. These factors could sustain demand for GLD as a store-of-value asset. Gold’s renewed momentum is sending a warning about America’s $40 trillion debt
• Positive Sentiment: Gold has rebounded roughly 15% since June, and UBS analysts cited de-dollarization and U.S. fiscal pressures as potential catalysts for further gains. Stronger gold prices would generally benefit GLD, which is designed to track bullion. Gold is a clear beneficiary of de-dollarization
• Positive Sentiment: Investor demand remains constructive: SPDR Gold Shares was among the funds leading roughly $7 billion of reported inflows, reinforcing GLD’s status as a preferred vehicle for gold exposure. SPDR Gold Shares and iShares Bitcoin Trust lead $7B inflows
• Neutral Sentiment: Former Federal Reserve President Jim Bullard said policymakers are divided and that a rate hold could still be hawkish. His comments highlight continued uncertainty around the Fed’s next move and likely elevated volatility for GLD.
• Neutral Sentiment: Technical analysts identify support near $4,500 and resistance around $4,700-$4,800 for gold. Holding support could revive the uptrend, while additional weakness would keep pressure on GLD.
• Negative Sentiment: Fed Chair Kevin Warsh emphasized that inflation is a greater concern than a slowing labor market, reviving expectations for a September rate hike. Higher interest-rate expectations raise the opportunity cost of holding non-yielding gold. Gold prices drop as Warsh says inflation is a bigger concern
• Negative Sentiment: Gold fell sharply over four sessions, broke below its 200-day moving average and faced a firmer U.S. dollar as rate-hike bets increased. This technical breakdown is a near-term bearish signal for GLD. Gold price breaks 200-day moving average

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.