ZEGA Investments LLC Buys 9,873 Shares of SPDR Gold Shares $GLD

ZEGA Investments LLC lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 53.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,332 shares of the exchange traded fund’s stock after buying an additional 9,873 shares during the period. ZEGA Investments LLC’s holdings in SPDR Gold Shares were worth $698,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of GLD. Morgan Stanley boosted its holdings in shares of 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 valued at $5,506,229,000 after acquiring an additional 2,539,266 shares in the last quarter. Corient Private Wealth LLC increased its holdings in SPDR Gold Shares by 571.3% in the 4th quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock worth $1,565,118,000 after purchasing an additional 3,360,966 shares in the last quarter. Virtu Financial LLC bought a new position in SPDR Gold Shares in the fourth quarter valued at about $474,952,000. Marino Management LLC bought a new position in SPDR Gold Shares in the fourth quarter valued at about $438,475,000. Finally, Rockefeller Capital Management L.P. raised its position in SPDR Gold Shares by 13.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 938,260 shares of the exchange traded fund’s stock valued at $371,842,000 after purchasing an additional 109,205 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Gold prices rallied as Treasury yields retreated and Federal Reserve Governor Christopher Waller adopted a less-hawkish tone, improving the appeal of non-yielding bullion. Softer labor-market signals also supported expectations that interest-rate pressure could ease. Gold price nears $4,500 as jobs data, Waller ease yield pressure
• Positive Sentiment: Central banks bought a net 23 tonnes of gold in July, led by China and Poland, reinforcing the long-term demand story for GLD’s underlying asset. Central banks add 23 net tonnes of gold in July
• Positive Sentiment: Societe Generale, Schroders and RBC remain constructive on gold, citing central-bank accumulation, de-dollarization, debt, inflation and geopolitical uncertainty. Goldman Sachs also projects gold near $4,900 an ounce by year-end. Goldman Sachs sees gold at $4,900 by year-end
• Positive Sentiment: The Netherlands moved roughly 86 tonnes of gold from New York and Ottawa to London for crisis preparedness. Although this does not directly increase gold demand, the move highlights heightened concern about geopolitical and financial-system risks—an environment generally supportive of safe-haven assets. Dutch central bank moves gold bars
• Neutral Sentiment: Technical analysts see a potential breakout toward $4,852 and beyond, but Friday’s U.S. payrolls report remains the next major catalyst for gold and GLD. Gold Price Forecast: Breakout Targets $4,852 and Beyond
• Negative Sentiment: August’s ISM Services PMI exceeded expectations, while elevated 10-year Treasury yields continue to raise gold’s opportunity cost. A stronger payrolls report could revive rate-hike expectations and pressure bullion. Gold price after ISM Services PMI rises

SPDR Gold Shares Trading Up 1.8%

Shares of GLD stock opened at $410.22 on Friday. The firm has a market capitalization of $144.85 billion, a price-to-earnings ratio of -32.43 and a beta of 0.19. The business’s 50-day moving average price is $388.30 and its 200-day moving average price is $414.67. SPDR Gold Shares has a 12 month low of $325.35 and a 12 month high of $509.70.

SPDR Gold Shares 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.