Nvest Financial LLC Purchases 3,111 Shares of SPDR Gold Shares $GLD

Nvest Financial LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 32.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,703 shares of the exchange traded fund’s stock after acquiring an additional 3,111 shares during the quarter. SPDR Gold Shares makes up about 2.1% of Nvest Financial LLC’s investment portfolio, making the stock its 14th biggest position. Nvest Financial LLC’s holdings in SPDR Gold Shares were worth $5,034,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in GLD. First Eagle Investment Management LLC lifted its holdings in SPDR Gold Shares by 2.7% in the 3rd quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock worth $899,764,000 after purchasing an additional 66,416 shares in the last quarter. Bank of Montreal Can purchased a new stake in SPDR Gold Shares during the 3rd quarter valued at approximately $556,282,000. Ameriprise Financial Inc. raised its position in shares of SPDR Gold Shares by 3.4% during the third quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock valued at $554,139,000 after buying an additional 50,756 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR Gold Shares by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock valued at $434,701,000 after buying an additional 35,619 shares during the last quarter. Finally, Barclays PLC lifted its holdings in shares of SPDR Gold Shares by 1.4% in the third quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock worth $400,037,000 after buying an additional 15,932 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Central banks resumed net gold buying in April, purchasing 17 tonnes led by Poland and China, reinforcing a structural source of demand for bullion. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
• Positive Sentiment: Several reports noted that ongoing U.S.-Iran tensions and broader geopolitical uncertainty continue to support gold’s safe-haven appeal, even as prices have been volatile. Gold Price Analysis – Gold Drifts Lower on Wednesday
• Neutral Sentiment: The European Central Bank highlighted gold’s role as an important reserve asset, a reminder that official-sector demand remains a key long-term theme for bullion. Central banks see gold as the reserve asset of choice – ECB report
• Negative Sentiment: Gold slid as traders priced in a more hawkish Fed outlook, with analysts saying rising rate-hike fears, higher yields, and a stronger dollar are weighing on non-yielding metals. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike
• Negative Sentiment: Better-than-expected U.S. ISM services data and ADP employment figures pointed to a resilient economy, which reduced urgency for Fed easing and pushed gold lower. Gold off session lows after ISM Services PMI rises to 54.5 in May
• Negative Sentiment: Technical commentary from multiple outlets said gold is breaking down or testing key support levels, suggesting near-term downside pressure may continue if buyers do not step back in. Gold (XAU/USD) Price Forecast: Bearish Structure Tests Key Support Zones

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $407.87 on Thursday. The firm has a market cap of $148.34 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The firm has a fifty day moving average price of $425.00 and a 200 day moving average price of $427.19. SPDR Gold Shares has a fifty-two week low of $299.89 and a fifty-two week 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.