Lifestyle Asset Management Inc. grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 50.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,854 shares of the exchange traded fund’s stock after purchasing an additional 1,975 shares during the quarter. Lifestyle Asset Management Inc.’s holdings in SPDR Gold Shares were worth $2,081,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the stock. American National Bank & Trust increased its holdings in shares of SPDR Gold Shares by 52.4% in the 2nd quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock worth $89,000 after acquiring an additional 100 shares during the period. StrongBox Wealth LLC grew its position in SPDR Gold Shares by 10.1% in the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 136 shares during the last quarter. Beaumont Financial Advisors LLC increased its stake in shares of SPDR Gold Shares by 6.5% in the second quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after purchasing an additional 215 shares during the period. TD Private Client Wealth LLC raised its holdings in shares of SPDR Gold Shares by 14.6% during the second quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after buying an additional 6,540 shares during the last quarter. Finally, ST Germain D J Co. Inc. raised its holdings in shares of SPDR Gold Shares by 151.5% during the second quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock valued at $422,000 after buying an additional 835 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.
Key SPDR Gold Shares News
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Cooling U.S. inflation and rising Fed‑cut bets are lifting gold’s appeal; analysts say softer CPI/consumer‑sentiment data increases the probability of rate cuts, which typically boosts non‑yielding assets like GLD. Read More.
- Positive Sentiment: Spot gold spiked after a weaker final U.S. Consumer Sentiment print and easing inflation expectations, signaling short‑term bullish flows into physical gold and ETFs such as GLD. Read More.
- Positive Sentiment: Tame U.S. CPI prints over the last 48 hours have repeatedly supported gold rallies—this macro backdrop underpins continued investor rotation into gold ETFs. Read More.
- Neutral Sentiment: Technical action is mixed: gold has consolidated in a tight range near record highs with low volatility — a breakout would be bullish, but until that occurs price movement may remain choppy. Read More.
- Neutral Sentiment: Political/newsflow developments could matter over the medium term: an Italian parliamentary panel formally asserting that central‑bank gold belongs to “the people” adds a geopolitical/legal headline but immediate market impact is uncertain. Read More.
- Negative Sentiment: There is intermittent profit‑taking and short‑term pullbacks—several reports note gold retreating from session highs and occasional lower‑volatility trading, which can cap GLD’s upside until a clear breakout. Read More.
SPDR Gold Shares Price Performance
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.
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