SPDR Gold Shares $GLD Stock Position Reduced by MinichMacGregor Wealth Management LLC

Posted by Paula Ricardo on Oct 14th, 2026

MinichMacGregor Wealth Management LLC trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 31.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 61,468 shares of the exchange traded fund’s stock after selling 28,163 shares during the quarter. SPDR Gold Shares accounts for approximately 3.9% of MinichMacGregor Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. MinichMacGregor Wealth Management LLC’s holdings in SPDR Gold Shares were worth $23,410,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Wealth Management Group LLC purchased a new position in SPDR Gold Shares during the first quarter worth approximately $30,000. Parvin Asset Management LLC acquired a new stake in shares of SPDR Gold Shares in the first quarter valued at about $31,000. Longview Financial Advisors Inc. purchased a new position in SPDR Gold Shares in the 1st quarter valued at about $35,000. NBH Bank acquired a new position in shares of SPDR Gold Shares during the second quarter valued at approximately $41,000. Finally, Compass Financial Services Inc raised its holdings in shares of SPDR Gold Shares by 48.8% during the fourth quarter. Compass Financial Services Inc now owns 122 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 40 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

Key Headlines Impacting SPDR Gold Shares

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

Positive Sentiment: Persistent inflation could support gold’s longer-term appeal as a hedge against purchasing-power erosion, while investment demand for gold-backed ETFs has remained resilient despite elevated yields. Gold price needs a dovish Fed or renewed debasement fears to reverse its downtrend
Neutral Sentiment: Gold is testing an important technical demand zone around $4,000–$4,200. Holding this area could stabilize GLD, while a recovery above nearby resistance would improve the technical outlook. Gold Tests $4,200-$4,000 Demand Zone as CPI Revives Inflation Concerns
Negative Sentiment: Accelerating U.S. inflation is reinforcing expectations that the Fed may raise interest rates before year-end. Higher Treasury yields increase the opportunity cost of holding gold, which does not generate income, and are pressuring prices toward key support levels. Gold price drops to session lows as U.S. CPI heats up in September
Negative Sentiment: Gold also faces potential supply and demand pressure after Kazakhstan said it plans to sell part of its large gold reserves while elevated Treasury yields make dollar assets more attractive. Kazakhstan plans gold sales as holdings reach 78% of reserves

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD traded down $7.47 during trading on Wednesday, reaching $374.20. The stock had a trading volume of 5,201,700 shares, compared to its average volume of 11,585,320. SPDR Gold Shares has a 1-year low of $360.12 and a 1-year high of $509.70. The stock has a market cap of $138.15 billion, a PE ratio of -32.43 and a beta of 0.18. The business has a fifty day moving average price of $398.09 and a 200-day moving average price of $401.25.

SPDR Gold Shares Company Profile

(Free Report)

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.