Certuity LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 90.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,876 shares of the exchange traded fund’s stock after buying an additional 4,694 shares during the period. Certuity LLC’s holdings in SPDR Gold Shares were worth $3,511,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Empirical Asset Management LLC lifted its stake in shares of SPDR Gold Shares by 256.7% in the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock valued at $12,941,000 after purchasing an additional 26,197 shares during the period. Colonial Trust Advisors grew its stake 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 worth $7,010,000 after purchasing an additional 1,385 shares during the period. Spirepoint Private Client LLC bought a new position in SPDR Gold Shares in the third quarter worth $742,000. FAS Wealth Partners Inc. raised its holdings in SPDR Gold Shares by 71.1% in the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after purchasing an additional 8,691 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in SPDR Gold Shares by 19.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock valued at $12,964,000 after buying an additional 5,932 shares during the period. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Down 2.0%
Shares of GLD stock opened at $466.88 on Friday. The company’s fifty day moving average price is $453.05 and its 200-day moving average price is $397.79. The stock has a market cap of $177.46 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $271.55 and a 12 month high of $509.70.
Key Stories Impacting SPDR Gold Shares
- Positive Sentiment: Geopolitical risk continues to underpin demand for gold as Iran tensions keep volatility elevated and intermittently draw safe‑haven flows. Gold (XAUUSD) & Silver Price Forecast: Iran Tensions Fuel Volatility – Will Gold Test $5,020?
- Positive Sentiment: Risk‑off episodes are still attracting dip buyers into gold, providing intraday support despite macro headwinds. Gold Price Analysis – Gold Continues to See Buyers in Risk Aversion
- Positive Sentiment: Some market commentary shows mild price gains and pauses rather than a clear downtrend, signaling that episodic buying could limit losses for GLD. Mild price gains in gold as market pauses
- Neutral Sentiment: World Gold Council research argues physical supply and price dynamics are structurally resilient — a longer‑term supportive backdrop but not a near‑term price driver. Gold supply and price are extremely resistant to depletion or potential manipulation by miners – World Gold Council
- Neutral Sentiment: Analysts note gold is a crowded trade and that “smart money” is repositioning (some into miners/digital gold products), which could shift flows between GLD and other gold exposures. Analyst Jim Wyckoff Says Gold Is A Crowded Trade—Here’s What Smart Money’s Buying
- Neutral Sentiment: Coverage of junior miners and miner fundamentals suggests equities could outperform if bullion stays elevated — relevant for gold stocks but only indirectly for GLD. Cash-starved junior miners poised for next leg of gold equity rally – Crescat’s Kevin Smith
- Negative Sentiment: Recent technical analysis identifies a bearish flag/wedge breakdown that could open the door to further downside in spot gold — a direct bearish signal for GLD flows. Gold (XAU/USD) Price Forecast: Bear Flag Signals Further Weakness
- Negative Sentiment: A firmer U.S. dollar and rising Treasury yields — driven by hawkish Fed expectations and higher oil/inflation expectations — are pressuring gold prices and weighing on GLD. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Dollar Tests New Highs
- Negative Sentiment: Coverage highlights oil-driven inflation worries lifting yields and denting gold’s appeal, contributing to recent price declines. Gold Falls as Rising Oil Prices Spur Inflation Worries
SPDR Gold Shares 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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