VeraBank N.A. grew its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 404.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,312 shares of the exchange traded fund’s stock after buying an additional 4,260 shares during the quarter. VeraBank N.A.’s holdings in SPDR Gold Shares were worth $2,105,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. Bank of Montreal Can acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth $556,282,000. Corient Private Wealth LLC boosted its stake in 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 buying an additional 559,507 shares in the last quarter. Axxcess Wealth Management LLC grew its position in 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 during the last quarter. Teacher Retirement System of Texas raised its stake in SPDR Gold Shares by 103.7% during the fourth quarter. Teacher Retirement System of Texas now owns 568,900 shares of the exchange traded fund’s stock worth $225,461,000 after acquiring an additional 289,550 shares in the last quarter. Finally, Dynasty Wealth Management LLC acquired a new position in SPDR Gold Shares during the fourth quarter worth about $108,320,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
Shares of GLD opened at $374.58 on Thursday. SPDR Gold Shares has a 52 week low of $299.89 and a 52 week high of $509.70. The stock has a market capitalization of $136.23 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14. The stock has a fifty day moving average of $423.40 and a 200-day moving average of $427.89.
Trending Headlines about SPDR Gold Shares
- Negative Sentiment: Gold fell sharply after the May CPI report came in hot, strengthening the dollar and pushing traders to price in a more hawkish Fed outlook. Gold (XAUUSD) Price Forecast: Gold Price Tumbles as Hot CPI Reinforces Fed Rate Hike Path
- Negative Sentiment: Gold broke below key technical support, including the 200-day moving average, which signals weakening momentum and raises the risk of further downside in GLD. Gold (XAU/USD) Price Forecast: Bearish Pressure Builds After Breakdown
- Negative Sentiment: Several reports said gold hit new 2026 lows or its lowest level in more than six months as investors rotated away from defensive assets amid higher yields and persistent inflation concerns. As gold’s tumble continues, traders bet the pain may last for two more years
- Neutral Sentiment: Some analysts still see long-term support for gold from central-bank demand and broader bull-market history, but these views are not helping the ETF in the near term. Gold price could triple if 1970s bull market pattern holds, says Jeff Clark
- Negative Sentiment: Bearish derivatives positioning has increased, with one report highlighting options bets on a major gold decline by 2028 and Citigroup cutting its gold target, reinforcing sentiment pressure on GLD. Gold Options Reveal a Wager on Another 40% Collapse by 2028
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.
Recommended Stories
- Five stocks we like better than SPDR Gold Shares
- The “Duck Stock” Keeps Quietly Making Money for Shareholders
- As Shares Fall, Analyst Are Boosting their Broadcom Price Targets
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
