SPDR Gold Shares $GLD Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 83.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 298,497 shares of the exchange traded fund’s stock after purchasing an additional 135,373 shares during the quarter. Fifth Third Bancorp owned 0.08% of SPDR Gold Shares worth $128,440,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Calder Financial LLC acquired a new stake in shares of SPDR Gold Shares during the fourth quarter valued at $807,000. Crescent Grove Advisors LLC increased its position in SPDR Gold Shares by 25.3% during the 4th quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock worth $6,230,000 after purchasing an additional 3,175 shares in the last quarter. Ervin Investment Management LLC acquired a new position in SPDR Gold Shares in the 4th quarter valued at about $7,178,000. Cidel Asset Management Inc. raised its stake in SPDR Gold Shares by 69.8% in the 1st quarter. Cidel Asset Management Inc. now owns 3,368 shares of the exchange traded fund’s stock valued at $1,449,000 after purchasing an additional 1,384 shares during the last quarter. Finally, Cinctive Capital Management LP lifted its holdings in SPDR Gold Shares by 157.9% in the 3rd quarter. Cinctive Capital Management LP now owns 9,795 shares of the exchange traded fund’s stock valued at $3,482,000 after purchasing an additional 5,997 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Central-bank buying continues to provide a floor for gold, with Poland adding 82 tons and other major buyers said to be “buying the dip,” reinforcing long-term demand for the metal. Poland Buys 82 Tons of Gold as Prices Fall Over 10%
• Positive Sentiment: Some traders see gold carving out a bottom after last month’s selloff, and several forecasts say renewed support above the $4,000–$4,100 area could help bulls regain momentum if inflation data or broader risk sentiment turns favorable. Gold struggles around $4,100 as markets await CPI and Warsh’s Capitol Hill debut
• Neutral Sentiment: Technical analysts say GLD is at a key inflection point, with gold testing trend resistance after a sharp correction; the next move depends on whether buyers can reclaim critical chart levels. Gold (XAU/USD) Price Forecast: Can Bulls Reclaim Critical Trend Resistance?
• Neutral Sentiment: Gold is also being capped by rising yields and dollar strength, which have weighed on the metal through much of the week and kept ETF sentiment cautious. Gold Defends $4,000 Level as Strong Dollar Caps Gains
• Negative Sentiment: Recent reports highlight that gold moved lower as Treasury yields rose, signaling continued headwinds for GLD if real rates stay elevated and investors keep rotating out of defensive assets. Update: Gold Moves Lower as Treasury Yields Rise

SPDR Gold Shares Trading Down 0.3%

Shares of SPDR Gold Shares stock traded down $1.17 during mid-day trading on Friday, hitting $377.01. 5,452,429 shares of the stock were exchanged, compared to its average volume of 12,859,920. SPDR Gold Shares has a twelve month low of $300.95 and a twelve month high of $509.70. The stock has a market capitalization of $132.37 billion, a price-to-earnings ratio of -32.43 and a beta of 0.17. The company has a 50-day simple moving average of $399.61 and a 200 day simple moving average of $426.21.

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.