Captrust Financial Advisors Grows Stake in SPDR Gold Shares $GLD

Captrust Financial Advisors lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 233,380 shares of the exchange traded fund’s stock after purchasing an additional 3,047 shares during the period. Captrust Financial Advisors’ holdings in SPDR Gold Shares were worth $92,491,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Morgan Stanley increased its stake in shares of SPDR Gold Shares by 22.4% during the fourth 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 in the last quarter. First Eagle Investment Management LLC increased its stake in shares of SPDR Gold Shares by 2.7% during the third 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 shares of SPDR Gold Shares during the third quarter worth about $556,282,000. Ameriprise Financial Inc. increased its stake 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 worth $554,139,000 after purchasing an additional 50,756 shares in the last quarter. Finally, Barclays PLC increased its stake in shares of SPDR Gold Shares by 1.4% during the third quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock worth $400,037,000 after purchasing an additional 15,932 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Gold climbed after the U.S.-Iran truce helped push oil prices lower, easing inflation fears and supporting expectations for a less aggressive Federal Reserve path. Gold clears $4,300 as Hormuz deal cuts oil, yield pressure – Kitco PM Report
• Positive Sentiment: Falling Treasury yields and a weaker inflation outlook have provided additional support for bullion, which tends to benefit GLD. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Oil Prices Test New Lows
• Positive Sentiment: Wall Street analysts are increasingly bullish, with some seeing a rebound ahead as markets price in more stable geopolitical conditions while structural demand remains intact. Wall Street’s Gold Analysts Are Pricing in Middle-East Peace—and They See a ‘Rebound’ Coming
• Positive Sentiment: Central bank demand remains a strong long-term tailwind, with a record share of central banks planning to add gold holdings. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Neutral Sentiment: Several reports say gold is still consolidating, with traders waiting for clearer Fed rate signals, inflation data, and technical confirmation after the recent surge. Gold News: Gold Breakout Stalls as Traders Await Key Fed Rate Signals
• Neutral Sentiment: Analysts note that gold’s long-term bullish case remains intact, but near-term price action may stay range-bound until macro uncertainty clears. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
• Negative Sentiment: Gold also faces headwinds from the possibility that easing geopolitical risk and a stabilization in rates could reduce safe-haven demand after the recent rally. Gold Edges Higher, Extending Gains After U.S.-Iran Ceasefire

SPDR Gold Shares Stock Up 0.3%

GLD stock opened at $397.63 on Wednesday. The stock has a market capitalization of $144.62 billion, a P/E ratio of -32.43 and a beta of 0.14. The firm has a 50-day simple moving average of $420.20 and a 200-day simple moving average of $428.23. SPDR Gold Shares has a 52 week low of $299.89 and a 52 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.