Orographic Financial Advisors LLC Makes New Investment in SPDR Gold Shares $GLD

Orographic Financial Advisors LLC acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,671 shares of the exchange traded fund’s stock, valued at approximately $3,300,000. SPDR Gold Shares makes up approximately 2.3% of Orographic Financial Advisors LLC’s investment portfolio, making the stock its 12th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Calder Financial LLC bought a new position in shares of SPDR Gold Shares during the 4th quarter valued at about $807,000. Crescent Grove Advisors LLC raised its position in SPDR Gold Shares by 25.3% in the 4th quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock worth $6,230,000 after purchasing an additional 3,175 shares during the period. Arcus Capital Partners LLC raised its position in SPDR Gold Shares by 90.3% in the 1st quarter. Arcus Capital Partners LLC now owns 8,442 shares of the exchange traded fund’s stock worth $3,633,000 after purchasing an additional 4,005 shares during the period. Ervin Investment Management LLC bought a new stake in SPDR Gold Shares in the fourth quarter worth $7,178,000. Finally, Cidel Asset Management Inc. lifted its stake in SPDR Gold Shares by 69.8% in the first quarter. Cidel Asset Management Inc. now owns 3,368 shares of the exchange traded fund’s stock worth $1,449,000 after purchasing an additional 1,384 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: June PCE inflation came in softer and the dollar weakened, helping gold rebound after the Federal Reserve held interest rates while maintaining a hawkish stance. Because GLD tracks gold bullion, lower inflation and potential future rate relief support its investment appeal. Gold holds above $4,100 as softer PCE offsets hawkish Fed
• Positive Sentiment: Analysts said the Fed’s decision to keep rates unchanged provided relief for gold, while central-bank purchases and strong Asian buying indicated that underlying demand remains resilient despite the second-quarter selloff. Gold demand proves resilient despite Q2 selloff
• Positive Sentiment: Retail bullion demand is showing signs of recovery, with the Royal Mint reporting stronger purchases of digital gold and silver after the recent correction. Retail investors buy the dip
• Neutral Sentiment: Gold remains in a consolidation range after finding support near $4,000. A sustained move above roughly $4,203 could signal a broader bullish reversal, but failure to break that resistance would keep GLD range-bound. Gold price forecast and resistance analysis
• Negative Sentiment: The Fed’s hawkish messaging, firm Treasury yields and resilient weekly jobless-claims data continue to reduce expectations for near-term rate cuts, creating headwinds for non-yielding gold. Gold steadies as GDP and PCE keep rate risk alive
• Negative Sentiment: Consumers continue selling unwanted gold jewelry while prices remain elevated, adding potential supply and limiting upside momentum. Investors continue selling unwanted gold jewelry

SPDR Gold Shares Stock Up 1.6%

NYSEARCA GLD opened at $377.16 on Friday. The company has a 50-day simple moving average of $384.75 and a two-hundred day simple moving average of $422.83. SPDR Gold Shares has a 12-month low of $302.86 and a 12-month high of $509.70. The firm has a market cap of $133.36 billion, a price-to-earnings ratio of -32.43 and a beta of 0.17.

About SPDR Gold Shares

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.