11,167 Shares in SPDR Gold Shares $GLD Acquired by Expressive Wealth LLC

Expressive Wealth LLC acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 11,167 shares of the exchange traded fund’s stock, valued at approximately $4,426,000. SPDR Gold Shares makes up 4.8% of Expressive Wealth LLC’s portfolio, making the stock its biggest position.

Several other large investors have also recently modified their holdings of GLD. WPG Advisers LLC bought a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $25,000. Chapman Financial Group LLC bought a new position in shares of SPDR Gold Shares during the 2nd quarter worth approximately $26,000. Hopwood Financial Services Inc. acquired a new position in SPDR Gold Shares during the 3rd quarter valued at approximately $27,000. Vestwell Advisors LLC acquired a new position in SPDR Gold Shares during the 3rd quarter valued at approximately $27,000. Finally, Eukles Asset Management acquired a new position in SPDR Gold Shares during the 4th quarter valued at approximately $27,000. Institutional investors own 42.19% of the company’s stock.

More SPDR Gold Shares News

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

• Positive Sentiment: Options volume in SPDR Gold Shares (GLD) leaned bullish, suggesting some traders are positioning for a rebound or continued upside in gold. A battle is brewing in the gold pits. Here are the winners and losers
• Positive Sentiment: Gold remains above key support around $4,500, and analysts say the tight consolidation could set up a volatility-driven breakout if buyers regain control. Gold (XAU/USD) Price Forecast: Compression Signals Breakout Setup Ahead
• Neutral Sentiment: Reports showed strong bullion demand earlier in the year, including record gold and silver sales at the Royal Mint, which supports the longer-term investment case but does not appear to be driving today’s move. Royal Mint sees record gold, silver bullion sales between January and March
• Neutral Sentiment: Market commentary points to choppy trading as investors wait for more clarity on Middle East peace talks and the direction of U.S. rates and the dollar. Gold prices testing support at $4,500 as U.S. consumer confidence falls slight to 93.1
• Negative Sentiment: Spot gold prices moved lower as the U.S. dollar strengthened and renewed geopolitical developments reduced some safe-haven demand, weighing on GLD. Metals dip as S&P, Nasdaq hit records on Iran deal hopes – Kitco PM Report

SPDR Gold Shares Trading Up 0.0%

Shares of SPDR Gold Shares stock opened at $414.00 on Wednesday. SPDR Gold Shares has a 12-month low of $299.89 and a 12-month high of $509.70. The firm has a market capitalization of $150.57 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The firm’s 50 day simple moving average is $427.78 and its two-hundred day simple moving average is $425.73.

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.