SPDR Gold Shares $GLD Shares Bought by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 1,387.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,500 shares of the exchange traded fund’s stock after acquiring an additional 52,702 shares during the quarter. SPDR Gold Shares accounts for about 1.0% of Greenwich Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding. Greenwich Wealth Management LLC’s holdings in SPDR Gold Shares were worth $22,391,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Prepared Retirement Institute LLC grew its position in SPDR Gold Shares by 1.6% in the fourth quarter. Prepared Retirement Institute LLC now owns 1,328 shares of the exchange traded fund’s stock valued at $526,000 after acquiring an additional 21 shares in the last quarter. True Vision MN LLC grew its position in SPDR Gold Shares by 3.2% in the fourth quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock valued at $304,000 after acquiring an additional 24 shares in the last quarter. Burns J W & Co. Inc. NY grew its position in SPDR Gold Shares by 0.7% in the fourth 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 acquiring an additional 25 shares in the last quarter. PFS Partners LLC grew its position in SPDR Gold Shares by 2.4% in the fourth quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock valued at $427,000 after acquiring an additional 25 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. grew its position in SPDR Gold Shares by 28.7% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 112 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 25 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2%

Shares of NYSEARCA:GLD opened at $411.95 on Wednesday. SPDR Gold Shares has a 52-week low of $299.89 and a 52-week high of $509.70. The company has a 50 day moving average of $424.95 and a two-hundred day moving average of $426.83. The company has a market capitalization of $149.83 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Gold prices firmed as reports suggested U.S.-Iran peace negotiations are continuing, while the dollar weakened, which generally supports bullion and GLD. Gold Trading Higher Following Reports Peace Negotiations Between Iran and the U.S. are Continuing
• Positive Sentiment: Several reports pointed to gold benefiting from falling rates, softer yields, and a stalled dollar, reinforcing the bullion bull case and supporting GLD. Gold Price Analysis – Gold Rallies as Rates Fall
• Positive Sentiment: European Central Bank commentary highlighted gold’s role as a reserve asset of choice for central banks, a longer-term demand tailwind for the metal. Central banks see gold as the reserve asset of choice – ECB report
• Neutral Sentiment: Gold is compressing in a tight technical range near key moving averages, suggesting traders are waiting for a breakout rather than driving a clear trend right now. Gold (XAU/USD) Price Forecast: Tight Range Builds Breakout Pressure
• Neutral Sentiment: Stronger-than-expected U.S. jobs and manufacturing data reduced some rate-cut hopes, which has kept gold from extending gains even though the broader long-term thesis remains constructive. Gold price struggling around $4,500 as U.S. JOLTS shows rise in job openings
• Negative Sentiment: Rising oil prices, firmer Treasury yields, and a stronger dollar during Middle East tensions have pressured gold at times, weighing on GLD’s near-term momentum. Gold falls as oil jumps on U.S.-Iran deadlock – Kitco PM Report
• Negative Sentiment: Gold has also been described as trapped between competing narratives, with recent price action biased slightly lower when risk sentiment improved and the dollar strengthened. Gold Appears Trapped Between Two Powerful Narratives

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.