Captrust Financial Advisors Raises Stock Position in SPDR Gold Shares $GLD

Captrust Financial Advisors increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,380 shares of the exchange traded fund’s stock after purchasing an additional 3,047 shares during the period. Captrust Financial Advisors owned approximately 0.06% of SPDR Gold Shares worth $92,491,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in GLD. Calder Financial LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at $807,000. Crescent Grove Advisors LLC increased its holdings in SPDR Gold Shares by 25.3% in the fourth quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock valued at $6,230,000 after buying an additional 3,175 shares in the last quarter. Empirical Asset Management LLC increased its holdings in SPDR Gold Shares by 256.7% in the third quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock valued at $12,941,000 after buying an additional 26,197 shares in the last quarter. Colonial Trust Advisors increased its holdings in SPDR Gold Shares by 7.6% in the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock valued at $7,010,000 after buying an additional 1,385 shares in the last quarter. Finally, Ervin Investment Management LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at $7,178,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Gold climbed after the U.S.-Iran truce helped push oil prices lower, easing inflation fears and supporting expectations for a less aggressive Federal Reserve path. Gold clears $4,300 as Hormuz deal cuts oil, yield pressure – Kitco PM Report
• Positive Sentiment: Falling Treasury yields and a weaker inflation outlook have provided additional support for bullion, which tends to benefit GLD. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Oil Prices Test New Lows
• Positive Sentiment: Wall Street analysts are increasingly bullish, with some seeing a rebound ahead as markets price in more stable geopolitical conditions while structural demand remains intact. Wall Street’s Gold Analysts Are Pricing in Middle-East Peace—and They See a ‘Rebound’ Coming
• Positive Sentiment: Central bank demand remains a strong long-term tailwind, with a record share of central banks planning to add gold holdings. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Neutral Sentiment: Several reports say gold is still consolidating, with traders waiting for clearer Fed rate signals, inflation data, and technical confirmation after the recent surge. Gold News: Gold Breakout Stalls as Traders Await Key Fed Rate Signals
• Neutral Sentiment: Analysts note that gold’s long-term bullish case remains intact, but near-term price action may stay range-bound until macro uncertainty clears. Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood’s Bruce
• Negative Sentiment: Gold also faces headwinds from the possibility that easing geopolitical risk and a stabilization in rates could reduce safe-haven demand after the recent rally. Gold Edges Higher, Extending Gains After U.S.-Iran Ceasefire

SPDR Gold Shares Stock Performance

GLD opened at $397.63 on Wednesday. SPDR Gold Shares has a fifty-two week low of $299.89 and a fifty-two week high of $509.70. The company has a fifty day moving average of $420.20 and a two-hundred day moving average of $428.23. The stock has a market capitalization of $144.62 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14.

SPDR Gold Shares Company Profile

(Free Report)

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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