SeaCrest Wealth Management LLC Grows Holdings in SPDR Gold Shares $GLD

SeaCrest Wealth Management LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,008 shares of the exchange traded fund’s stock after purchasing an additional 1,209 shares during the period. SPDR Gold Shares accounts for 0.7% of SeaCrest Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding. SeaCrest Wealth Management LLC’s holdings in SPDR Gold Shares were worth $7,369,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. First Eagle Investment Management LLC boosted its stake in shares of SPDR Gold Shares by 2.7% during the third quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock worth $899,764,000 after buying an additional 66,416 shares during the period. Bank of Montreal Can acquired a new position in SPDR Gold Shares in the 3rd quarter valued at about $556,282,000. Ameriprise Financial Inc. raised its stake in SPDR Gold Shares by 3.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock valued at $554,139,000 after acquiring an additional 50,756 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Gold Shares by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock worth $434,701,000 after acquiring an additional 35,619 shares during the period. Finally, Barclays PLC grew its stake in shares of SPDR Gold Shares by 1.4% in the 3rd quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock valued at $400,037,000 after purchasing an additional 15,932 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 3.0%

NYSEARCA:GLD opened at $416.29 on Thursday. SPDR Gold Shares has a 12-month low of $272.58 and a 12-month high of $509.70. The stock’s 50 day simple moving average is $456.34 and its 200-day simple moving average is $405.41. The firm has a market cap of $158.23 billion, a P/E ratio of -32.43 and a beta of 0.09.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Easing/conflict headlines and a U.S. 15‑point Middle East plan earlier this week prompted safe‑haven buying that lifted gold and pushed GLD higher. Gold Jumps 2.8% After US Proposes 15-Point Middle East Plan
• Positive Sentiment: Falling Treasury yields and temporary dollar weakness provided technical fuel for bullion and GLD inflows, supporting the rally. Update: Gold Rises Off a Near Three-Month Low as Treasury Yields Drop
• Positive Sentiment: Structural demand: GLD’s assets recently crossed roughly $180–181B amid large Q1 inflows, which underpins ETF liquidity and can amplify short‑term price moves. GLD Just Hit $180 Billion in Assets. Here Is the ETF That Actually Made Investors More Money
• Neutral Sentiment: Technical picture mixed: gold has rebounded off key moving‑average support for some traders, but short‑term technical corrections after large moves remain a risk. Gold Declines on Possible Technical Correction
• Neutral Sentiment: Analysts remain divided: some view current weakness as a buying opportunity for a longer‑term bull case, which can support inflows to GLD over time even if volatility persists. Gold Has Tarnished Lately. These Analysts See a Breakout Moment.
• Negative Sentiment: Renewed headlines that ceasefire hopes are fading and Iran has rejected proposals are pressuring safe‑haven demand and weighing on gold/silver prices. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
• Negative Sentiment: Macro headwinds — a stronger dollar and the prospect of Fed hawkishness / higher Treasury yields — remain the main downside risk that can cap gold gains and pressure GLD. Gold (XAUUSD) & Silver Price Forecast: XAU Plummets $1,000 – Can Iran Tensions Spark a Rally?
• Negative Sentiment: Longer‑term product competition: lower‑cost gold ETFs (e.g., AAAU) could divert some fee‑sensitive flows away from GLD over time, a structural consideration for investors in the ETF. The Battle of the Gold ETFs: Is AAAU Better Than GLD?

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.