Hibernia Wealth Partners LLC reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 23.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 23,282 shares of the exchange traded fund’s stock after selling 7,205 shares during the period. SPDR Gold Shares comprises 3.0% of Hibernia Wealth Partners LLC’s portfolio, making the stock its 8th biggest position. Hibernia Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $10,018,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Morgan Stanley lifted its position in shares of 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 purchasing an additional 2,539,266 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of SPDR Gold Shares by 571.3% in the fourth quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock worth $1,565,118,000 after purchasing an additional 3,360,966 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of SPDR Gold Shares by 3.4% in the third quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock worth $554,139,000 after purchasing an additional 50,756 shares during the last quarter. Virtu Financial LLC purchased a new position in SPDR Gold Shares in the 4th quarter worth about $474,952,000. Finally, Marino Management LLC purchased a new position in SPDR Gold Shares in the 4th quarter worth about $438,475,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
Shares of GLD opened at $377.01 on Monday. The firm has a market capitalization of $132.37 billion, a price-to-earnings ratio of -32.43 and a beta of 0.17. SPDR Gold Shares has a 1-year low of $300.95 and a 1-year high of $509.70. The company has a 50-day moving average of $399.61 and a 200 day moving average of $426.34.
Key Headlines Impacting SPDR Gold Shares
- 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 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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