Prudential PLC Boosts Stake in SPDR Gold Shares $GLD

Prudential PLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 6.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 293,839 shares of the exchange traded fund’s stock after acquiring an additional 19,030 shares during the period. SPDR Gold Shares comprises approximately 0.8% of Prudential PLC’s portfolio, making the stock its 19th largest position. Prudential PLC owned about 0.08% of SPDR Gold Shares worth $103,875,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Mccarter Private Wealth Services LLC lifted its stake in SPDR Gold Shares by 3.2% during the third quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 27 shares during the last quarter. Prudent Investors Network Inc. boosted its holdings in shares of SPDR Gold Shares by 3.8% in the 3rd quarter. Prudent Investors Network Inc. now owns 734 shares of the exchange traded fund’s stock worth $261,000 after purchasing an additional 27 shares in the last quarter. Norris Perne & French LLP MI increased its position in shares of SPDR Gold Shares by 3.3% during the 3rd quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock valued at $310,000 after purchasing an additional 28 shares during the last quarter. Revisor Wealth Management LLC increased its position in shares of SPDR Gold Shares by 2.4% during the 3rd quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock valued at $452,000 after purchasing an additional 29 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC raised its holdings in shares of SPDR Gold Shares by 12.0% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock valued at $96,000 after buying an additional 29 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $460.84 on Friday. The business has a 50 day moving average of $454.30 and a 200 day moving average of $398.84. The company has a market capitalization of $175.17 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1-year low of $272.58 and a 1-year high of $509.70.

More SPDR Gold Shares News

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

• Positive Sentiment: Geopolitical risk and safe-haven demand are keeping longer-term interest in gold ETFs intact, supporting fund flows into products like GLD and underpinning baseline demand for bullion. Here’s Why Gold ETFs Remain a Smart Long-Term Portfolio Bet
• Positive Sentiment: Multiple reports note buyers appear on dips and spot gold holding technical support near key levels (~$5,100/oz), which can stabilize GLD if those supports hold. Gold prices holding support at $5,100 as U.S. JOLTS shows rise in job openings
• Neutral Sentiment: Analysts and technical strategists expect continued volatility—weekly analysis flags competing forces (central bank policy, war headlines) that could produce choppy trading for GLD. Gold Weekly Price Analysis – Gold Continues to See Rates, Central Banks, and War Drive Pricing
• Neutral Sentiment: Commentary suggests miners and related equities could outperform bullion in a rally, which can divert some speculative capital away from GLD into mining stocks. This is a sector rotation nuance rather than a direct hit to GLD’s gold exposure. Gold miners could double even if bullion stalls, says Ninepoint portfolio manager
• Negative Sentiment: Liquidity squeeze and dollar strength ahead of the Fed meeting are cited as near-term selling pressures— a stronger USD reduces dollar-priced gold demand and weighs on GLD. Gold under pressure as liquidity crunch boosts dollar ahead of Fed meeting
• Negative Sentiment: Technicals point to downside risk: multiple FXEmpire pieces identify bear-flag/wedge breakdown setups with targets below current spot—this technical bias can accelerate flows out of GLD if triggered. Gold (XAU/USD) Price Forecast: Bear Flag Signals Potential Downside Targets
• Negative Sentiment: Rising oil/inflation expectations and higher Treasury yields are cited as lifting real rates and capping gold’s upside; several outlets link higher yields to weaker bullion performance. Gold Falls as Rising Oil Prices Spur Inflation Worries

About SPDR Gold Shares

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.