Financial & Tax Architects LLC Sells 2,779 Shares of SPDR Gold Shares $GLD

Financial & Tax Architects LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 81.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 649 shares of the exchange traded fund’s stock after selling 2,779 shares during the quarter. Financial & Tax Architects LLC’s holdings in SPDR Gold Shares were worth $231,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Prasad Wealth Partners LLC bought a new stake in SPDR Gold Shares during the third quarter valued at approximately $216,000. LFA Lugano Financial Advisors SA grew its position in shares of SPDR Gold Shares by 6.4% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 30,638 shares of the exchange traded fund’s stock valued at $10,891,000 after acquiring an additional 1,841 shares during the period. MONECO Advisors LLC grew its position in shares of SPDR Gold Shares by 0.8% during the 3rd quarter. MONECO Advisors LLC now owns 25,919 shares of the exchange traded fund’s stock valued at $9,214,000 after acquiring an additional 201 shares during the period. Waterloo Capital L.P. raised its holdings in SPDR Gold Shares by 72.6% in the 3rd quarter. Waterloo Capital L.P. now owns 4,523 shares of the exchange traded fund’s stock worth $1,608,000 after purchasing an additional 1,902 shares during the period. Finally, Harmony Asset Management LLC raised its holdings in SPDR Gold Shares by 5.0% in the 3rd quarter. Harmony Asset Management LLC now owns 824 shares of the exchange traded fund’s stock worth $293,000 after purchasing an additional 39 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

More SPDR Gold Shares News

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

• Positive Sentiment: Bridgewater founder Ray Dalio says rising doubts about money and recent dollar weakness support owning gold, which underpins long-term investor demand for GLD. Bridgewater’s Ray Dalio Foresees a Capital War. The Worst Asset, and How Much Gold to Own.
• Positive Sentiment: CIBC projects much higher gold averages ($6,000/oz) on persistent safe‑haven demand — a bullish fundamental backdrop that can support GLD flows over months. CIBC sees gold averaging $6,000 an ounce as safe-haven demand persists
• Positive Sentiment: Analysts have been raising gold forecasts amid geopolitical risk and central-bank buying — a multi-month tailwind for GLD. Analysts ramp up gold forecasts as global uncertainties mount
• Neutral Sentiment: ETF positioning and product choice matters: coverage notes GLD holds more physical gold (higher AUM, slightly lower volatility) while IAU is cheaper to hold long term — this can shift retail flows between funds but is not an immediate price driver. GLD Holds More Gold While IAU Is More Affordable
• Neutral Sentiment: Leveraged ETPs and products tied to GLD are drawing active traders (and short‑term flows), which can amplify intraday moves in GLD but don’t change the underlying bullion fundamentals. 3 ETFs to Make Big Leveraged Plays on Gold
• Negative Sentiment: Margin requirements and deleveraging in silver and related markets have spilled into gold, forcing swift selling and adding to GLD outflows. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 13% On Deleveraging
• Negative Sentiment: Cryptocurrency selloffs have created cross‑market risk‑off dynamics that pressured gold prices in early Asia trading, contributing to GLD weakness. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff
• Negative Sentiment: Stronger dollar and Fed‑rate signals (profit‑taking after the parabolic run) have pressured gold — analysts/technicals point to key support zones being tested. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Bid Returns – Can XAU Recover $5,000?
• Negative Sentiment: Commentary that GLD’s rapid 74% rally became a “mousetrap” and that the Fed chair pick altered positioning helps explain the sudden reversal and heightened volatility into quarter‑end. Why GLD’s 74% Rally Turned Into a Mousetrap and What the Fed Chair Pick Means Now

SPDR Gold Shares Stock Down 2.7%

GLD stock opened at $441.88 on Friday. The business’s 50-day moving average price is $417.04 and its 200-day moving average price is $370.04. The stock has a market cap of $167.96 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a twelve month low of $261.25 and a twelve month high of $509.70.

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.