Hamilton Wealth LLC Sells 4,799 Shares of SPDR Gold Shares $GLD

Hamilton Wealth LLC lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 9.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,895 shares of the exchange traded fund’s stock after selling 4,799 shares during the quarter. SPDR Gold Shares comprises about 3.7% of Hamilton Wealth LLC’s holdings, making the stock its 10th largest holding. Hamilton Wealth LLC’s holdings in SPDR Gold Shares were worth $19,318,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after purchasing an additional 1,903 shares in the last quarter. Bison Wealth LLC grew its holdings in SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in SPDR Gold Shares during the 1st quarter valued at $16,014,000. Schnieders Capital Management LLC. grew its holdings in SPDR Gold Shares by 4.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after purchasing an additional 275 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new stake in SPDR Gold Shares during the 2nd quarter worth $337,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $371.54 on Monday. SPDR Gold Shares has a 12-month low of $302.86 and a 12-month high of $509.70. The company has a market capitalization of $131.38 billion, a price-to-earnings ratio of -32.43 and a beta of 0.17. The firm’s fifty day moving average price is $383.90 and its 200 day moving average price is $422.48.

Key SPDR Gold Shares News

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

• Positive Sentiment: The World Gold Council reported stronger central-bank gold purchases in the second quarter, while Asian buying remained resilient. This provides a constructive long-term demand backdrop for GLD. Gold, Silver Price Forecast: World Gold Council Reports Strong Central Bank Buying
• Positive Sentiment: Analysts increasingly view gold near $4,000 as an attractive value level, suggesting solid technical and investor support despite the Federal Reserve’s tightening bias. Gold has value at $4,000 as investors look beyond Fed hawkishness
• Neutral Sentiment: Gold remains confined to roughly the $4,000–$4,200 range, with traders awaiting clearer signals on Middle East developments and interest rates. The consolidation limits near-term direction for GLD. Gold Weekly Price Analysis
• Neutral Sentiment: Institutional investor Alexander Labrunerie & Co. increased its GLD holdings by 19.1% in the first quarter. The purchase is supportive but relatively small compared with the ETF’s overall asset base. Alexander Labrunerie & Co. Acquires Shares of SPDR Gold Shares
• Negative Sentiment: Thirty-year Treasury yields climbed to levels last seen in 2007. Higher yields increase the opportunity cost of holding non-yielding gold and are the main immediate pressure on GLD. Gold Pulls Back as Treasury Yields Test New Highs
• Negative Sentiment: U.S. consumer sentiment improved more than expected while one-year inflation expectations eased. The combination reduced near-term demand for gold as an inflation hedge and pushed spot gold toward session lows. Spot Gold Near Session Lows After Consumer Sentiment Data
• Negative Sentiment: The Fed’s recent “hawkish hold” continues to keep rate-cut expectations uncertain, while firm yields and a stronger dollar have capped gold’s rebound. Analysts expect precious metals to remain range-bound until greater policy clarity emerges. Fed’s Hawkish Hold Stabilizes Gold and Silver

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.