Rockefeller Capital Management L.P. Has $371.84 Million Position in SPDR Gold Shares $GLD

Rockefeller Capital Management L.P. raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 938,260 shares of the exchange traded fund’s stock after purchasing an additional 109,205 shares during the quarter. SPDR Gold Shares accounts for approximately 0.7% of Rockefeller Capital Management L.P.’s portfolio, making the stock its 19th largest position. Rockefeller Capital Management L.P. owned about 0.25% of SPDR Gold Shares worth $371,842,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Corient Private Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 571.3% in the 4th quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock worth $1,565,118,000 after buying an additional 3,360,966 shares during the last quarter. Morgan Stanley increased its holdings in SPDR Gold Shares by 22.4% during the fourth quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock worth $5,506,229,000 after buying an additional 2,539,266 shares during the last quarter. Bank of Montreal Can purchased a new stake in SPDR Gold Shares during the third quarter worth about $556,282,000. Virtu Financial LLC bought a new stake in SPDR Gold Shares in the fourth quarter worth about $474,952,000. Finally, Marino Management LLC bought a new stake in SPDR Gold Shares in the fourth quarter worth about $438,475,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $387.12 on Friday. SPDR Gold Shares has a twelve month low of $299.89 and a twelve month high of $509.70. The firm has a 50 day moving average price of $417.57 and a 200-day moving average price of $427.98. The company has a market capitalization of $140.80 billion, a P/E ratio of -32.43 and a beta of 0.14.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Some analysts say gold’s long-term uptrend is still intact despite the Fed’s hawkish shift, arguing that inflation risks, fiscal deficits, and central bank buying could support prices over time. Gold’s bull market remains intact even with a hawkish Fed, says Axel Merk
• Positive Sentiment: Several market watchers continue to recommend gold ETFs as a long-term portfolio diversifier, suggesting structural demand for GLD may remain firm even during near-term volatility. Why Gold ETFs Still Deserve a Place in Long-Term Portfolios
• Neutral Sentiment: Gold is trading near key technical support, and analysts say the next major move may depend on whether buyers can defend that level in the coming sessions. Gold (XAU/USD) Price Forecast: Support Test Could Shape Next Major Move
• Negative Sentiment: Gold prices have been falling as the Fed’s hawkish outlook supports the dollar and lifts yields, reducing demand for bullion-backed funds like GLD. Hawkish Fed keeps pressure on gold as physical premiums soften – Kitco PM Report
• Negative Sentiment: Multiple reports say gold has extended losses and is testing lower support levels after the Fed signaled a potential rate hike later this year, keeping near-term sentiment bearish. Gold Extends Losses as Fed Rate-Hike Outlook Supports Dollar

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.