SPDR Gold Shares $GLD Shares Sold by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,146 shares of the exchange traded fund’s stock after selling 3,835 shares during the quarter. SPDR Gold Shares comprises 8.2% of Sugar Maple Asset Management LLC’s holdings, making the stock its 2nd biggest position. Sugar Maple Asset Management LLC’s holdings in SPDR Gold Shares were worth $11,427,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLD. Laurel Wealth Advisors LLC increased its position in shares of SPDR Gold Shares by 31,232.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after acquiring an additional 2,913,079 shares during the period. Corient Private Wealth LLC grew its stake in SPDR Gold Shares by 108.1% during the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after purchasing an additional 559,507 shares during the last quarter. TD Asset Management Inc grew its stake in SPDR Gold Shares by 108.4% during the 2nd quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock valued at $208,855,000 after purchasing an additional 356,401 shares during the last quarter. Harvard Management Co. Inc. acquired a new position in shares of SPDR Gold Shares in the second quarter valued at about $101,508,000. Finally, Quadrature Capital Ltd purchased a new position in shares of SPDR Gold Shares in the second quarter worth about $99,996,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Record gold highs and safe‑haven buying are the primary drivers boosting GLD: multiple outlets report spot gold rising to new records above $4,700–$4,800/oz on renewed geopolitical tensions (Greenland/tariff threats) and flight‑to‑safety flows. Gold breaks new record on Greenland tariff threats
• Positive Sentiment: Momentum and technical breakout: analysts and forecasters note accelerating bullish momentum and new all‑time highs, supporting continued ETF inflows into GLD. Breakout to new high accelerates uptrend
• Positive Sentiment: Macro drivers reinforce demand: reports cite U.S.–Europe/Greenland tensions, a softer dollar and expectations around Fed data as fueling safe‑haven demand that benefits GLD. Stock Market Today: Gold Extends Gains
• Positive Sentiment: Elevated investor positioning in GLD: unusually large call‑option activity (about 957k calls) indicates speculative and hedging demand for GLD exposure, which can amplify upside in the ETF. GLD options activity
• Neutral Sentiment: Analyst price projections and debate: some commentators and banks are raising long‑run targets (talk of $5,000–$7,000/oz), which supports bullish sentiment but are forecasts rather than guaranteed drivers. Gold & Silver Price Forecast
• Neutral Sentiment: Industry developments and funding: a $150m US bond for Caledonia Mining (Zimbabwe project) and permit revocations for some Indonesian projects are sector‑specific items that could influence supply or miner equities over time but have limited direct impact on GLD today. Caledonia raises $150m Reuters: permits revoked in Indonesia
• Negative Sentiment: Technical/correction risk: several outlets warn of near‑term consolidation or a corrective pullback after the rapid run‑up — a risk that could produce short‑term volatility and outflows from GLD. Gold may face technical correction

SPDR Gold Shares Stock Up 3.8%

SPDR Gold Shares stock opened at $437.23 on Wednesday. The stock has a 50-day moving average price of $397.74 and a 200 day moving average price of $358.10. The company has a market capitalization of $165.97 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $251.83 and a 52 week high of $438.14.

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.