Nomura Asset Management Co. Ltd. reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 50.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,867 shares of the exchange traded fund’s stock after selling 10,233 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in SPDR Gold Shares were worth $3,910,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can acquired a new position in shares of SPDR Gold Shares in the third quarter valued at about $556,282,000. Corient Private Wealth LLC grew its stake in shares of SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after acquiring an additional 559,507 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in shares of SPDR Gold Shares by 1,158.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 504,462 shares of the exchange traded fund’s stock valued at $199,923,000 after acquiring an additional 464,376 shares in the last quarter. Teacher Retirement System of Texas grew its stake in shares of SPDR Gold Shares by 103.7% in the fourth quarter. Teacher Retirement System of Texas now owns 568,900 shares of the exchange traded fund’s stock valued at $225,461,000 after acquiring an additional 289,550 shares in the last quarter. Finally, Children s Medical Center Corp acquired a new position in shares of SPDR Gold Shares in the fourth quarter valued at about $88,734,000. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Stock Performance
GLD stock opened at $411.27 on Friday. The company’s 50-day simple moving average is $425.14 and its 200 day simple moving average 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 PE ratio of -32.43 and a beta of 0.14.
Trending Headlines about SPDR Gold Shares
- 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
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.
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