GKV Capital Management Co. Inc. Increases Position in SPDR Gold Shares $GLD

GKV Capital Management Co. Inc. grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,762 shares of the exchange traded fund’s stock after purchasing an additional 1,401 shares during the period. SPDR Gold Shares makes up 2.8% of GKV Capital Management Co. Inc.’s investment portfolio, making the stock its 7th largest holding. GKV Capital Management Co. Inc.’s holdings in SPDR Gold Shares were worth $7,436,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Prepared Retirement Institute LLC boosted its stake in shares of SPDR Gold Shares by 1.6% during the 4th quarter. Prepared Retirement Institute LLC now owns 1,328 shares of the exchange traded fund’s stock valued at $526,000 after purchasing an additional 21 shares in the last quarter. True Vision MN LLC lifted its position in SPDR Gold Shares by 3.2% during the 4th 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 during the period. Burns J W & Co. Inc. NY lifted its position in SPDR Gold Shares by 0.7% during the 4th 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 during the period. PFS Partners LLC lifted its position in SPDR Gold Shares by 2.4% during the 4th 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 during the period. Finally, Steigerwald Gordon & Koch Inc. lifted its position in SPDR Gold Shares by 28.7% during the 4th 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 during the period. 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: Central banks resumed net gold buying in April, purchasing 17 tonnes led by Poland and China, reinforcing a structural source of demand for bullion. Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC
• Positive Sentiment: Several reports noted that ongoing U.S.-Iran tensions and broader geopolitical uncertainty continue to support gold’s safe-haven appeal, even as prices have been volatile. Gold Price Analysis – Gold Drifts Lower on Wednesday
• Neutral Sentiment: The European Central Bank highlighted gold’s role as an important reserve asset, a reminder that official-sector demand remains a key long-term theme for bullion. Central banks see gold as the reserve asset of choice – ECB report
• Negative Sentiment: Gold slid as traders priced in a more hawkish Fed outlook, with analysts saying rising rate-hike fears, higher yields, and a stronger dollar are weighing on non-yielding metals. TD Securities cuts H2 2026 gold price forecasts as markets price in Fed rate hike
• Negative Sentiment: Better-than-expected U.S. ISM services data and ADP employment figures pointed to a resilient economy, which reduced urgency for Fed easing and pushed gold lower. Gold off session lows after ISM Services PMI rises to 54.5 in May
• Negative Sentiment: Technical commentary from multiple outlets said gold is breaking down or testing key support levels, suggesting near-term downside pressure may continue if buyers do not step back in. Gold (XAU/USD) Price Forecast: Bearish Structure Tests Key Support Zones

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $407.87 on Thursday. SPDR Gold Shares has a 1 year low of $299.89 and a 1 year high of $509.70. The stock has a market cap of $148.34 billion, a P/E ratio of -32.43 and a beta of 0.15. The firm has a 50-day moving average of $425.00 and a 200 day moving average of $427.19.

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.