SlateStone Wealth LLC Boosts Position in SPDR Gold Shares $GLD

SlateStone Wealth LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 58.8% in the third quarter, HoldingsChannel reports. The firm owned 7,833 shares of the exchange traded fund’s stock after buying an additional 2,900 shares during the period. SlateStone Wealth LLC’s holdings in SPDR Gold Shares were worth $2,784,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of GLD. Prasad Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $216,000. LFA Lugano Financial Advisors SA grew its holdings 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 worth $10,891,000 after purchasing an additional 1,841 shares during the period. MONECO Advisors LLC increased 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 worth $9,214,000 after purchasing an additional 201 shares during the last quarter. 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 valued at $1,608,000 after buying an additional 1,902 shares during the period. Finally, Harmony Asset Management LLC increased its position in shares of SPDR Gold Shares by 5.0% during the third quarter. Harmony Asset Management LLC now owns 824 shares of the exchange traded fund’s stock valued at $293,000 after acquiring an additional 39 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD stock traded up $12.93 during trading hours on Friday, hitting $454.81. The company had a trading volume of 2,426,777 shares, compared to its average volume of 25,531,811. SPDR Gold Shares has a fifty-two week low of $261.25 and a fifty-two week high of $509.70. The company’s fifty day moving average is $417.04 and its 200 day moving average is $370.04. The stock has a market capitalization of $172.87 billion, a PE ratio of -32.43 and a beta of 0.09.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Lower U.S. yields and dip‑buying have helped gold rebound intraday, providing direct support for GLD as investors seek duration and safety. Gold Catches a Bid on Lower Yields
• Positive Sentiment: Ongoing central‑bank purchases remain a structural demand tailwind—official buying in December added to a large 2025 total—supporting bullion and therefore GLD’s underlying asset. Central Banks Buy 19t of Gold in December
• Positive Sentiment: High‑profile bullish commentary (Ray Dalio) and institutional calls for larger gold allocations add narrative support for long‑term demand into GLD. Such commentary can attract allocators seeking inflation/sovereign‑risk hedges. Bridgewater’s Ray Dalio Foresees a Capital War
• Positive Sentiment: Analyst forecasts (e.g., CIBC) projecting much higher long‑run gold prices underpin a bullish investment case and may support continued inflows to GLD from investors seeking metal exposure. CIBC Sees Gold Averaging $6,000/oz
• Neutral Sentiment: Coverage comparing GLD with other funds (SGDM, IAU) highlights GLD’s scale and liquidity advantage but also its higher expense vs some alternatives—important for allocation decisions but mixed for immediate flows. GLD Offers Stability While SGDM Brings Higher Risk Reward
• Neutral Sentiment: Comparisons showing GLD holds more physical gold while competitors (IAU) are cheaper may shift longer‑term investor preference but are unlikely to trigger rapid reallocations in the short term. GLD Holds More Gold While IAU Is More Affordable
• Negative Sentiment: Silver’s sharp sell‑off has acted as a headwind for gold, limiting upside and increasing volatility—this cross‑metal pressure can weigh on GLD flows if it persists. Gold Price Up a Bit, But Gains Limited by Silver Sell Off
• Negative Sentiment: Spillover from a cryptocurrency sell‑off and episodes of dollar strength have triggered profit‑taking and pushed gold lower at times—factors that can create intraday weakness for GLD. Gold Falls on Spillover From Cryptocurrencies’ Selloff
• Negative Sentiment: Technical profit‑taking, dollar surges and a recent bearish reversal have raised near‑term uncertainty—investors should expect sharp moves and higher volatility in GLD. Dollar Surge Hits Gold
• Negative Sentiment: Commentary noting GLD’s rapid prior rally and the subsequent violent reversal highlights tail‑risk for leveraged retail positions and the potential for sudden outflows after fast rallies. Why GLD’s 74% Rally Turned Into a Mousetrap

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.