SMI Advisory Services LLC Sells 5,937 Shares of SPDR Gold Shares $GLD

SMI Advisory Services LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 121,379 shares of the exchange traded fund’s stock after selling 5,937 shares during the quarter. SPDR Gold Shares comprises approximately 8.9% of SMI Advisory Services LLC’s investment portfolio, making the stock its 4th largest holding. SMI Advisory Services LLC’s holdings in SPDR Gold Shares were worth $51,250,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GLD. Brighton Jones LLC increased its stake in SPDR Gold Shares by 20.4% in the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after purchasing an additional 1,903 shares in the last quarter. Bison Wealth LLC grew its stake in shares of SPDR Gold Shares by 77.8% in the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of SPDR Gold Shares in the 1st quarter valued at about $16,014,000. Schnieders Capital Management LLC. increased its position in SPDR Gold Shares by 4.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after buying an additional 275 shares in the last quarter. Finally, Prudential Financial Inc. acquired a new position in SPDR Gold Shares during the 2nd quarter worth approximately $337,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $400.64 on Friday. The stock has a market capitalization of $152.28 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $272.58 and a 52 week high of $509.70. The stock has a 50 day moving average price of $455.89 and a two-hundred day moving average price of $405.38.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Advisors are increasingly positioning gold ETFs as a permanent portfolio diversifier amid record global debt and breakdowns in traditional diversification, supporting long‑term ETF demand. Gold ETFs Gain as Advisors Seek New Diversifiers
• Positive Sentiment: GLD remains a large, liquid vehicle for gold exposure — recent reporting highlights ~$180–181B in GLD AUM, indicating continued structural investor interest that can limit downside. GLD Just Hit $180 Billion in Assets
• Neutral Sentiment: Industry bodies emphasize gold’s role as a store of value despite volatility — a structural positive for interest, though not necessarily supportive of near‑term prices. Swiss Bankers Association says gold’s importance as a store of value only increasing
• Neutral Sentiment: Product competition and fees matter for flows — cheaper alternatives (e.g., AAAU) are being compared to GLD; this is a competitive risk over time but doesn’t explain today’s move. The Battle of the Gold ETFs: Is AAAU Better Than GLD?
• Negative Sentiment: Macro shift: coordinated hawkish central bank tone and higher bond yields have pushed the dollar and real rates up — key headwinds for gold’s non‑yielding appeal. The Fed Meeting Changed Everything
• Negative Sentiment: Evidence of selling pressure: reports point to central bank reserve reassessments and selling that have materially weighed on the market. Gold Falls 15% as Central Banks Reassess $4.3 Trillion Reserves
• Negative Sentiment: Sovereign selling: Turkey recently sold ~58.4 tonnes of gold over two weeks, adding tangible supply pressure to the market. Turkey taps its gold reserves, sells 58.4 tonnes
• Negative Sentiment: Safe‑haven dynamics fading: easing or mixed signals on Middle East conflict and technical profit‑taking have removed some tailwinds for gold, prompting short‑term liquidations and technical corrections. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.

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.