Trek Financial LLC lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 5.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,754 shares of the exchange traded fund’s stock after purchasing an additional 1,724 shares during the period. Trek Financial LLC’s holdings in SPDR Gold Shares were worth $11,288,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently modified their holdings of the company. Chapman Financial Group LLC purchased a new stake in shares of SPDR Gold Shares during the second quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. acquired a new stake in SPDR Gold Shares during the 3rd quarter worth $31,000. Traub Capital Management LLC purchased a new stake in shares of SPDR Gold Shares during the second quarter worth $34,000. Kilter Group LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at about $34,000. Finally, First Command Advisory Services Inc. purchased a new position in shares of SPDR Gold Shares in the second quarter worth about $43,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Trading Up 1.4%
GLD stock traded up $6.21 during mid-day trading on Friday, reaching $458.00. The company’s stock had a trading volume of 21,489,506 shares, compared to its average volume of 17,376,533. The company’s 50 day moving average is $401.91 and its two-hundred day moving average is $360.39. SPDR Gold Shares has a fifty-two week low of $251.92 and a fifty-two week high of $458.75. The stock has a market cap of $172.57 billion, a PE ratio of -32.43 and a beta of 0.09.
Trending Headlines about SPDR Gold Shares
- Positive Sentiment: Spot gold hit fresh all‑time highs and safe‑haven buying accelerated, supporting higher GLD NAV and demand for the ETF. Gold News: Fresh All-Time High
- Positive Sentiment: Major banks and strategists raised long‑term gold targets (Bank of America and Goldman Sachs among them), which boosts investor confidence in continued upside for bullion and GLD. Bank of America $6,000/oz
- Positive Sentiment: Gold price forecasts and bullish technical breakouts are drawing tactical and trend‑following flows into bullion ETFs like GLD. Breakout Targets Next Resistance Zone
- Positive Sentiment: High/options activity shows investor bullishness on GLD specifically—elevated call buying signals more demand for the ETF shares. High Volume Call Options on GLD
- Positive Sentiment: Infrastructure and supply moves (MKS PAMP planning U.S. expansion) point to rising physical demand and industry preparation for higher volumes, supportive for bullion prices and GLD flows. MKS PAMP US Expansion
- Neutral Sentiment: Technical and intraday analyses highlight key entry/exit levels for traders; these may amplify short‑term volatility but don’t change the underlying bull case. Intraday Price Entry Levels
- Neutral Sentiment: Silver’s run and broader precious‑metals momentum are reinforcing investor attention on metals ETFs, but cross‑metal moves can differ in magnitude and timing. Silver Soared Above $100
- Negative Sentiment: Geopolitical de‑escalation (easing U.S.–Europe tensions over Greenland) has previously trimmed gold’s gains; any sustained easing could reduce safe‑haven flows and pressure GLD. Gold Falls as Tensions Ease
- Negative Sentiment: Analysts warn silver may be in a blow‑off top with potential for deep corrections; a sharp metals selloff could spill over into gold and trigger GLD outflows/volatility. Silver Correction Risk
About SPDR Gold Shares
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.
See Also
- Five stocks we like better than SPDR Gold Shares
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- The $100 Trillion AI Story No One Is Telling You
- Trump’s AI Secret: 100X Faster Than Nvidia
- Buy This Stock at 9:30 AM on MONDAY!
- A U.S. “birthright” claim worth trillions – activated quietly
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
