WealthCare Asset Management LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 30,579 shares of the exchange traded fund’s stock, valued at approximately $12,119,000. SPDR Gold Shares makes up 8.1% of WealthCare Asset Management LLC’s investment portfolio, making the stock its 3rd largest position.
Several other hedge funds have also recently bought and sold shares of GLD. WPG Advisers LLC purchased a new position in SPDR Gold Shares in the 4th quarter valued at approximately $25,000. Timmons Wealth Management LLC purchased a new position in SPDR Gold Shares in the 4th quarter valued at approximately $26,000. Chapman Financial Group LLC purchased a new position in SPDR Gold Shares in the 2nd quarter valued at approximately $26,000. Vestwell Advisors LLC purchased a new position in SPDR Gold Shares in the 3rd quarter valued at approximately $27,000. Finally, Eukles Asset Management purchased a new position in SPDR Gold Shares in the 4th quarter valued at approximately $27,000. 42.19% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Gold rallied after the U.S. and Iran reached a truce, which eased inflation fears, pushed oil prices lower, and helped drive gold higher. Gold Sharply Higher As the U.S. and Iran Reach a Truce, Easing Inflation Worries
- Positive Sentiment: Central banks are expected to increase gold reserves, with a World Gold Council survey showing more reserve managers want to bring bullion home or diversify storage amid geopolitical risk. That supports long-term demand for gold-backed funds like GLD. Central banks are bringing gold reserves home as geopolitical risks rise
- Positive Sentiment: Analysts at Barclays and other market observers remain constructive on gold, citing persistent inflation, policy uncertainty, and strong central bank demand as reasons prices could stay elevated or move higher. Barclays sees gold hitting $4,791 in 2026, $4,900 in 2027 as Iran correction fades, structural drivers reemerge
- Neutral Sentiment: Some commentary says GLD remains the default gold ETF because of its liquidity and tight spreads, but another fund offers lower-cost exposure to the same metal, which could create modest competitive pressure over time. Forget GLD. The Same Gold Costs 75% Less in This Fund
- Neutral Sentiment: Gold is still consolidating near key technical levels as traders wait for the Federal Reserve decision and clearer inflation/rate signals, so near-term momentum may be choppy. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
SPDR Gold Shares Stock Performance
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.
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