Orion Porfolio Solutions LLC boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 6.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 19,155 shares of the exchange traded fund’s stock after acquiring an additional 1,212 shares during the period. Orion Porfolio Solutions LLC’s holdings in SPDR Gold Shares were worth $6,809,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the company. Laurel Wealth Advisors LLC grew its holdings in SPDR Gold Shares by 31,232.8% in the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after purchasing an additional 2,913,079 shares during the period. Corient Private Wealth LLC raised its stake in shares of SPDR Gold Shares by 108.1% during the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after buying an additional 559,507 shares during the period. Harvard Management Co. Inc. acquired a new position in shares of SPDR Gold Shares during the 2nd quarter worth approximately $101,508,000. Quadrature Capital Ltd purchased a new position in shares of SPDR Gold Shares during the 2nd quarter valued at approximately $99,996,000. Finally, Flow Traders U.S. LLC lifted its position in shares of SPDR Gold Shares by 276.0% during the 2nd quarter. Flow Traders U.S. LLC now owns 304,814 shares of the exchange traded fund’s stock valued at $92,916,000 after buying an additional 223,744 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
SPDR Gold Shares stock opened at $473.51 on Friday. The stock has a market capitalization of $179.98 billion, a P/E ratio of -32.43 and a beta of 0.09. The company’s fifty day moving average price is $446.99 and its 200 day moving average price is $393.19. SPDR Gold Shares has a 1 year low of $265.64 and a 1 year high of $509.70.
Key Headlines Impacting SPDR Gold Shares
- Positive Sentiment: Weak US employment and retail data have supported gold as investors dial back Fed‑cut hopes and real yields fall, a driver helping GLD demand. Gold Rebounds As Non Farm Payrolls Miss Estimates
- Positive Sentiment: Ongoing geopolitical risk in the Middle East continues to prompt safe‑haven buying intermittently, supporting GLD flows when tensions spike. Gold Above $5,000 as US-Iran War Fuels Volatility
- Positive Sentiment: Rising oil and renewed inflation fears can boost gold as an inflation hedge, a tailwind for GLD if energy‑driven price pressure persists. Rising Oil, Sticky Inflation and the Fed Cloud the Outlook
- Neutral Sentiment: Technical intraday chop continues — multiple outlets note short‑term patterns and resistance levels that keep trading rangebound; this raises volatility but not a clear directional bias. Gold Continues to See Intraday Pattern
- Neutral Sentiment: Weekly analysis flags a possible pullback that some analysts view as a buying opportunity — important for traders sizing entries but not an immediate sentence for GLD’s trend. Gold Weekly Price Analysis – Gold Sees Trouble for the Week
- Negative Sentiment: Flows into gold ETFs showed a large one‑day outflow (the biggest in about a decade), directly pressuring GLD’s AUM and putting short‑term downward pressure on the share price. World’s largest Gold ETF sees largest 1-day outflow in a decade
- Negative Sentiment: Several technical studies point to bearish wedge breakouts and key support tests; combined with a stronger dollar and rising bond yields, these technical and macro headwinds could drive further downside for GLD if they persist. Wedge Breakout Suggests Further Downside
- Negative Sentiment: Some market reports note gold slipping despite geopolitical tensions as traders focus on Fed signals and oil‑driven inflation swings — a reminder that safe‑haven flows can be inconsistent. Gold slips despite geopolitical tensions
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.
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