Monograph Wealth Advisors LLC Invests $568,000 in SPDR Gold Shares $GLD

Monograph Wealth Advisors LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,319 shares of the exchange traded fund’s stock, valued at approximately $568,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GLD. WPG Advisers LLC bought a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $25,000. Timmons Wealth Management LLC bought a new position in SPDR Gold Shares during the fourth quarter worth about $26,000. Chapman Financial Group LLC acquired a new stake in SPDR Gold Shares in the 2nd quarter worth about $26,000. Eukles Asset Management acquired a new stake in SPDR Gold Shares in the 4th quarter worth about $27,000. Finally, Private Wealth Management Group LLC bought a new stake in SPDR Gold Shares in the 1st quarter valued at about $30,000. 42.19% of the stock is owned by institutional investors and hedge funds.

Key SPDR Gold Shares News

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

• Positive Sentiment: Gold climbed to a two-week high as a softer dollar helped lift bullion, giving GLD a direct tailwind as the ETF tracks spot gold prices. Update: Gold Rises to Two-Week High as Weaker Dollar Boosts Prices
• Positive Sentiment: Gold rallied above $4,120 and approached $4,160 as technical buying and defensive demand outweighed higher Treasury yields and firmer crude oil, signaling improving near-term momentum for bullion-backed funds like GLD. Gold rallies as buyers test $4,160, oil lifts yields – Kitco PM Report
• Positive Sentiment: Several analysts said gold has broken key technical resistance and could have more upside if it clears the next resistance zone near $4,203, reinforcing bullish sentiment around GLD. Gold (XAU/USD) Price Forecast: Breakout Opens the Door to Higher Targets
• Positive Sentiment: Investor commentary from John Paulson and others highlighted a long-term bull case for gold, with central bank buying and broader private demand seen as structural support for bullion prices. John Paulson says we are in the early stages of a long-term bull market for gold
• Neutral Sentiment: Some reports noted that geopolitical tensions, rising rates, and higher yields are still conflicting forces, so GLD’s near-term path may depend on whether safe-haven buying continues to outweigh macro headwinds. Rising economic fears weakening inflation’s stranglehold on gold prices – CRU

SPDR Gold Shares Stock Up 1.1%

Shares of NYSEARCA:GLD opened at $379.12 on Thursday. SPDR Gold Shares has a 12-month low of $300.95 and a 12-month high of $509.70. The company’s 50 day moving average price is $390.21 and its two-hundred day moving average price is $424.38. The firm has a market cap of $133.07 billion, a PE ratio of -32.43 and a beta of 0.17.

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.