L & S Advisors Inc Has $14.17 Million Holdings in SPDR Gold Shares $GLD

Posted by Grant Hamersma on May 17th, 2026

L & S Advisors Inc decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 72.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 35,752 shares of the exchange traded fund’s stock after selling 95,113 shares during the period. SPDR Gold Shares makes up about 1.3% of L & S Advisors Inc’s portfolio, making the stock its 17th biggest holding. L & S Advisors Inc’s holdings in SPDR Gold Shares were worth $14,169,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Soltis Investment Advisors LLC boosted its position in shares of SPDR Gold Shares by 10.5% during the 4th quarter. Soltis Investment Advisors LLC now owns 5,820 shares of the exchange traded fund’s stock worth $2,306,000 after acquiring an additional 551 shares in the last quarter. Guardian Capital LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $2,020,000. May Hill Capital LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $311,000. Beese Fulmer Investment Management Inc. boosted its position in shares of SPDR Gold Shares by 0.8% during the 4th quarter. Beese Fulmer Investment Management Inc. now owns 6,125 shares of the exchange traded fund’s stock worth $2,427,000 after acquiring an additional 50 shares in the last quarter. Finally, Accredited Investors Inc. boosted its position in shares of SPDR Gold Shares by 43.1% during the 4th quarter. Accredited Investors Inc. now owns 966 shares of the exchange traded fund’s stock worth $383,000 after acquiring an additional 291 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 2.3%

NYSEARCA GLD opened at $417.29 on Friday. The firm has a market capitalization of $151.77 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The firm’s 50 day simple moving average is $435.54 and its 200 day simple moving average is $422.92. SPDR Gold Shares has a 1 year low of $291.78 and a 1 year high of $509.70.

Key Headlines Impacting SPDR Gold Shares

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

Negative Sentiment: Gold fell further late Friday as the dollar and Treasury yields strengthened, with traders focused on whether the metal can hold the key $4,500 support zone. Silver dives below $76, gold tests $4,500 support as Iran risk drives oil, rate fears – Kitco PM Report
Negative Sentiment: Technical commentary pointed to a bearish breakdown in gold, raising the risk of a deeper pullback toward major support levels. Gold (XAU/USD) Price Forecast: Bearish Breakdown Targets Major Support
Negative Sentiment: Market reports said gold broke below $4,600 as rising yields and dollar strength outweighed traditional safe-haven demand. Gold breaks below $4,600 as dollar, yields overpower haven demand – Kitco AM Report
Negative Sentiment: Additional commentary highlighted that hotter inflation data and a rally in the dollar have weakened bullish momentum in gold. Update: Gold Falls as the USD and Treasury Yields Surge on Inflation Worries
Neutral Sentiment: Some analysts still noted strong long-term demand from central banks and continued interest in gold ETFs, which could help limit downside over time. Central Banks Are Snapping Up Gold, ETF Investors Are Just Waking Up: The Best Gold ETFs to Own Before It Hits $5,000

SPDR Gold Shares Company Profile

(Free Report)

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.