Money Concepts Capital Corp boosted its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 57.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,131 shares of the exchange traded fund’s stock after buying an additional 1,870 shares during the quarter. Money Concepts Capital Corp’s holdings in SPDR Gold Shares were worth $1,824,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Mccarter Private Wealth Services LLC boosted its stake in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock valued at $309,000 after buying an additional 27 shares during the last quarter. Norris Perne & French LLP MI boosted its stake in SPDR Gold Shares by 3.3% during the 3rd quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock valued at $310,000 after acquiring an additional 28 shares during the last quarter. Revisor Wealth Management LLC grew its holdings in SPDR Gold Shares by 2.4% during the 3rd quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock worth $452,000 after acquiring an additional 29 shares in the last quarter. Halbert Hargrove Global Advisors LLC increased its position in shares of SPDR Gold Shares by 12.0% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 29 shares during the last quarter. Finally, Phil A. Younker & Associates Ltd. raised its stake in shares of SPDR Gold Shares by 4.0% in the 3rd quarter. Phil A. Younker & Associates Ltd. now owns 781 shares of the exchange traded fund’s stock valued at $278,000 after purchasing an additional 30 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Major banks maintain bullish longer-term outlooks for gold, supporting GLD as a strategic holding — J.P. Morgan sees much higher prices by year-end, implying potential long-term upside for GLD. J.P. Morgan expects gold prices to reach $6,300/oz by end of 2026
- Positive Sentiment: Deutsche Bank reiterated a bullish $6,000 gold target despite the correction, reinforcing the view that current selling may be temporary and supportive for GLD for investors focused on the medium/long term. Gold sell-off did not derail Deutsche Bank’s bullish $6,000 target
- Positive Sentiment: Technical bounce/dip-buying interest is emerging after the slump — short-term recoveries could limit downside and attract ETF inflows back into GLD. Gold Rises on Likely Technical Recovery, Dip-Buying Interest
- Positive Sentiment: GLD remains a lower-volatility way to access gold vs. silver ETFs — its smoother ride, slightly lower fees and lower beta make it attractive for risk-moderate investors amid volatility. GLD Offers Smoother Ride Than SLV Over Five Years
- Neutral Sentiment: Market voices and technical forecasts show key intra-day levels and potential support zones; these analyses matter mainly for traders rather than long-term GLD holders. Gold market analysis for February 2 – key intra-day price entry levels for active traders
- Neutral Sentiment: Commentary notes the selloff is driven by positioning and liquidity dynamics more than fundamental demand shifts — this suggests price action could stabilize once positioning unwinds. Gold, silver rout was about positioning, not fundamentals – Société Générale
- Negative Sentiment: Short-term selling intensified after President Trump’s nomination of Kevin Warsh to lead the Fed and a stronger dollar, which pressured gold futures and drove large outflows in precious-metals ETFs including GLD. How to trade the market spiral as investors dump gold, silver and oil
- Negative Sentiment: Gold and silver suffered historic one-day drops and extreme volatility, prompting concern and short-term selling pressure that directly hurt GLD’s price and raised trading volume. After Their Worst Day Since 1980, What’s Next For Gold and Silver?
- Negative Sentiment: Coverage notes GLD has slipped again as headlines and political/Fed uncertainty weigh on precious metals sentiment, increasing downside risk in the near term. SPDR Gold Shares (GLD) Slip Again as Gold Prices Remain Under Pressure
SPDR Gold Shares Stock Performance
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.
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