Plan Group Financial LLC Raises Stock Position in SPDR Gold Shares $GLD

Plan Group Financial LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 14,383 shares of the exchange traded fund’s stock after buying an additional 2,792 shares during the period. SPDR Gold Shares comprises approximately 1.4% of Plan Group Financial LLC’s holdings, making the stock its 18th largest position. Plan Group Financial LLC’s holdings in SPDR Gold Shares were worth $5,113,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Chapman Financial Group LLC purchased a new stake in SPDR Gold Shares during the second quarter valued at $26,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $31,000. Traub Capital Management LLC bought a new position in shares of SPDR Gold Shares in the 2nd quarter worth approximately $34,000. Kilter Group LLC purchased a new position in shares of SPDR Gold Shares in the second quarter worth approximately $34,000. Finally, First Command Advisory Services Inc. bought a new stake in SPDR Gold Shares during the second quarter valued at approximately $43,000. 42.19% of the stock is owned by institutional investors.

More SPDR Gold Shares News

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

• Positive Sentiment: Geopolitical risk and concerns around U.S. Fed independence have driven safe-haven demand and helped push gold to record levels, supporting GLD flows and valuations. ‘Sell America’ trade: Dollar drops, gold surges as Trump’s Fed pressure campaign raises fears about U.S. system
• Positive Sentiment: U.S. inflation cooling and rising rate‑cut hopes are keeping bulls optimistic, underpinning gold’s rally and supporting demand for bullion ETFs like GLD. Gold (XAUUSD) & Silver Price Forecast: CPI Cools, Bulls Hold Key Resistance Zones
• Positive Sentiment: Technicals show recent breakouts and momentum, with several market commentators forecasting further upside — a bullish backdrop for GLD if flows follow price momentum. Gold (XAU/USD) Price Forecast: Record High Breakout Signals Continued Strength
• Neutral Sentiment: Macro forecasts from major banks project very high nominal targets for gold (e.g., Citi’s $5,000/oz call), which is market-moving commentary but long‑dated and speculative for ETF flows. Gold will hit $5,000/oz, silver $100/oz by March, but gold will be vulnerable to correction afterward – Citigroup
• Neutral Sentiment: Steady production reports from miners (e.g., Blanket mine meeting guidance) are supportive of the physical supply backdrop but have an indirect impact on GLD compared with macro drivers. Caledonia says Blanket gold mine has again delivered production in line with guidance
• Negative Sentiment: Short-term technical corrections and profit-taking have produced intraday pullbacks after record highs, weighing on GLD in the very near term. Gold Edges Lower on Likely Technical Correction
• Negative Sentiment: Episodes of a firmer U.S. dollar or unexpectedly strong macro prints can cause short-lived gold slips; some analysts flagged pullbacks ahead of key CPI releases. Gold (XAUUSD) & Silver Price Forecast: Gold Slips Ahead of CPI, Silver Stays Bullish

SPDR Gold Shares Trading Down 0.1%

Shares of GLD stock opened at $421.63 on Wednesday. SPDR Gold Shares has a 12 month low of $245.52 and a 12 month high of $426.12. The stock has a market cap of $156.89 billion, a P/E ratio of -32.43 and a beta of 0.09. The company has a 50 day simple moving average of $392.34 and a two-hundred day simple moving average of $353.92.

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.