Composition Wealth LLC Has $12.12 Million Stake in SPDR Gold Shares $GLD

Composition Wealth LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 29.8% in the fourth quarter, HoldingsChannel reports. The firm owned 30,572 shares of the exchange traded fund’s stock after acquiring an additional 7,023 shares during the period. Composition Wealth LLC’s holdings in SPDR Gold Shares were worth $12,116,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Prepared Retirement Institute LLC increased its holdings in SPDR Gold Shares by 1.6% during the 4th quarter. Prepared Retirement Institute LLC now owns 1,328 shares of the exchange traded fund’s stock valued at $526,000 after purchasing an additional 21 shares in the last quarter. True Vision MN LLC increased its holdings in SPDR Gold Shares by 3.2% during the 4th quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 24 shares in the last quarter. Burns J W & Co. Inc. NY increased its holdings in SPDR Gold Shares by 0.7% during the 4th quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock valued at $1,387,000 after purchasing an additional 25 shares in the last quarter. PFS Partners LLC increased its holdings in SPDR Gold Shares by 2.4% during the 4th quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock valued at $427,000 after purchasing an additional 25 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. increased its holdings in SPDR Gold Shares by 28.7% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 112 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 25 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD stock opened at $423.18 on Friday. The business has a fifty day moving average price of $444.17 and a 200 day moving average price of $419.90. SPDR Gold Shares has a fifty-two week low of $291.78 and a fifty-two week high of $509.70. The stock has a market capitalization of $153.91 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Weak ISM data lifted gold toward session highs, a sign that slowing U.S. activity can boost safe?haven demand for GLD. Gold prices trading near session highs following disappointing ISM data
• Positive Sentiment: Bank of America reiterated a very bullish 12?month $6,000/oz gold target, which can underpin long?term investor appetite for GLD despite short?term volatility. Bank of America stands firm on 12-month $6,000 gold target, sees silver averaging $86
• Positive Sentiment: Central bank buying and structural stories for precious metals remain intact (large official purchases cited), which supports medium/long?term flows into GLD. Gold (XAUUSD) & Silver Price Forecast: Silver’s 762M Oz Drain – Structural Bull Case Intact?
• Neutral Sentiment: Gold/GLD remain rangebound and consolidating intraday as yields and Fed policy expectations cap rallies; this suggests limited immediate directional conviction. Update: Gold Edges Higher, Remaining Rangebound, As Treasury Yields Rise
• Neutral Sentiment: Technical analysis shows short?term support holding in places, with bounces likely to be capped by moving averages — useful for traders but not decisive for a trend change. Gold (XAUUSD) & Silver Price Forecast: $4,532 Holds – Is Gold’s Road to $4,800 Now Open?
• Negative Sentiment: Rising U.S. Treasury yields and a still?hawkish Fed narrative are the main headwinds keeping GLD under pressure and limiting upside. Several market reports link higher yields to recent pullbacks. Gold (XAUUSD) Price Forecast: Gold Price Consolidating as Yields Cap Rally
• Negative Sentiment: Technical studies and short?term bearish setups persist in some analyses, warning of deeper downside if key support breaks. Traders should watch those levels for potential pressure on GLD. Gold (XAU/USD) Price Forecast: Bearish Structure Persists Amid Key Resistance Zones
• Negative Sentiment: Higher oil and energy?driven inflation fears can keep rate?cut expectations delayed, which is a negative backdrop for gold until the inflation/yield picture eases. Gold and Silver Technical Analysis: Oil Shock Keeps Metals Under Pressure

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.