C V Starr & Co. Inc. lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 34.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 251,400 shares of the exchange traded fund’s stock after selling 130,323 shares during the period. SPDR Gold Shares makes up approximately 55.0% of C V Starr & Co. Inc.’s investment portfolio, making the stock its largest position. C V Starr & Co. Inc. owned about 0.07% of SPDR Gold Shares worth $99,632,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. WPG Advisers LLC acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $25,000. Eukles Asset Management acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $27,000. Hopwood Financial Services Inc. acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $27,000. Vestwell Advisors LLC acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $27,000. Finally, USA Financial Formulas acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $31,000. 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: Some analysts remain constructive long term, with Rockefeller’s Doug Moglia saying gold’s secular bull market is still intact and could move much higher over the next several years. Gold will top $5,500 in 2027, could reach $10,000 by 2030, but silver’s upside will narrow – Rockefeller’s Moglia
- Positive Sentiment: Options activity in GLD leaned bullish, suggesting some traders are positioning for a rebound despite the recent pullback. A battle is brewing in the gold pits. Here are the winners and losers
- Neutral Sentiment: Gold remains volatile and is testing support near the $4,500 area, with traders focused on PCE inflation data, Federal Reserve signaling, and Middle East headlines for the next directional move. Gold and Silver Forecast: PCE Inflation and Iran Tensions Drive Next Move
- Neutral Sentiment: Recent reports point to strong physical demand for bullion, including record Royal Mint gold and silver sales, which supports the long-term case for gold-backed assets. Royal Mint sees record gold, silver bullion sales between January and March
- Negative Sentiment: Spot gold has fallen to a two-month low as crude oil prices eased and inflation fears cooled, reducing some of the demand for safe-haven assets. Update: Gold Trading at a Two-Month Low Even as Falling Oil Prices Ease Inflation Concerns
- Negative Sentiment: UBS cut its 2026 gold forecast to $5,500 an ounce from $5,900, citing elevated Treasury yields and a stronger U.S. dollar as reasons investors may prefer yield-bearing assets over gold. UBS lowers 2026 gold price forecast to $5,500/oz: ‘Markets are rediscovering the concept of opportunity cost’
- Negative Sentiment: Gold and silver are also being weighed down by record U.S. equity highs, a firmer dollar, and easing Middle East risk premium, which have reduced safe-haven buying. Gold tests $4,450 as stocks hit records, oil drops – Kitco PM Report
SPDR Gold Shares Trading Down 1.3%
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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