Prudential PLC Acquires 19,030 Shares of SPDR Gold Shares $GLD

Prudential PLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 293,839 shares of the exchange traded fund’s stock after purchasing an additional 19,030 shares during the quarter. SPDR Gold Shares accounts for 0.8% of Prudential PLC’s investment portfolio, making the stock its 19th biggest position. Prudential PLC’s holdings in SPDR Gold Shares were worth $103,875,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Empirical Asset Management LLC lifted its position in SPDR Gold Shares by 256.7% in the third quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock valued at $12,941,000 after purchasing an additional 26,197 shares during the last quarter. Colonial Trust Advisors boosted its stake in shares of SPDR Gold Shares by 7.6% during the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock valued at $7,010,000 after purchasing an additional 1,385 shares during the period. Spirepoint Private Client LLC bought a new position in shares of SPDR Gold Shares in the third quarter worth approximately $742,000. FAS Wealth Partners Inc. grew its holdings in shares of SPDR Gold Shares by 71.1% in the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after purchasing an additional 8,691 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of SPDR Gold Shares by 19.4% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock worth $12,964,000 after buying an additional 5,932 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 1.3%

NYSEARCA:GLD opened at $460.84 on Friday. The company has a fifty day moving average of $454.30 and a 200 day moving average of $398.84. SPDR Gold Shares has a 52 week low of $272.58 and a 52 week high of $509.70. The firm has a market capitalization of $175.17 billion, a P/E ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: Geopolitical risk and safe-haven demand are keeping longer-term interest in gold ETFs intact, supporting fund flows into products like GLD and underpinning baseline demand for bullion. Here’s Why Gold ETFs Remain a Smart Long-Term Portfolio Bet
• Positive Sentiment: Multiple reports note buyers appear on dips and spot gold holding technical support near key levels (~$5,100/oz), which can stabilize GLD if those supports hold. Gold prices holding support at $5,100 as U.S. JOLTS shows rise in job openings
• Neutral Sentiment: Analysts and technical strategists expect continued volatility—weekly analysis flags competing forces (central bank policy, war headlines) that could produce choppy trading for GLD. Gold Weekly Price Analysis – Gold Continues to See Rates, Central Banks, and War Drive Pricing
• Neutral Sentiment: Commentary suggests miners and related equities could outperform bullion in a rally, which can divert some speculative capital away from GLD into mining stocks. This is a sector rotation nuance rather than a direct hit to GLD’s gold exposure. Gold miners could double even if bullion stalls, says Ninepoint portfolio manager
• Negative Sentiment: Liquidity squeeze and dollar strength ahead of the Fed meeting are cited as near-term selling pressures— a stronger USD reduces dollar-priced gold demand and weighs on GLD. Gold under pressure as liquidity crunch boosts dollar ahead of Fed meeting
• Negative Sentiment: Technicals point to downside risk: multiple FXEmpire pieces identify bear-flag/wedge breakdown setups with targets below current spot—this technical bias can accelerate flows out of GLD if triggered. Gold (XAU/USD) Price Forecast: Bear Flag Signals Potential Downside Targets
• Negative Sentiment: Rising oil/inflation expectations and higher Treasury yields are cited as lifting real rates and capping gold’s upside; several outlets link higher yields to weaker bullion performance. Gold Falls as Rising Oil Prices Spur Inflation Worries

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.