SPDR Gold Shares $GLD Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,538 shares of the exchange traded fund’s stock after selling 3,246 shares during the quarter. Bessemer Group Inc.’s holdings in SPDR Gold Shares were worth $10,856,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. increased its stake in SPDR Gold Shares by 16.0% during the third quarter. SBI Securities Co. Ltd. now owns 71,182 shares of the exchange traded fund’s stock valued at $25,303,000 after purchasing an additional 9,831 shares during the last quarter. Howe & Rusling Inc. boosted its holdings in shares of SPDR Gold Shares by 2.0% in the 3rd quarter. Howe & Rusling Inc. now owns 2,745 shares of the exchange traded fund’s stock valued at $976,000 after buying an additional 54 shares during the period. Financial Alternatives Inc bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $233,000. Auxano Advisors LLC grew its position in shares of SPDR Gold Shares by 21.5% during the 3rd quarter. Auxano Advisors LLC now owns 2,358 shares of the exchange traded fund’s stock valued at $838,000 after buying an additional 418 shares during the last quarter. Finally, Savant Capital LLC raised its stake in SPDR Gold Shares by 14.9% during the third quarter. Savant Capital LLC now owns 27,676 shares of the exchange traded fund’s stock worth $9,838,000 after acquiring an additional 3,588 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 3.1%

Shares of GLD stock opened at $455.46 on Friday. The company has a market cap of $173.12 billion, a P/E ratio of -32.43 and a beta of 0.09. The business has a 50 day moving average of $418.40 and a two-hundred day moving average of $371.03. SPDR Gold Shares has a 52 week low of $261.25 and a 52 week high of $509.70.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Technical bullish signals are emerging for gold: prices rebounded from a key Fibonacci retracement, reclaimed the 20‑day moving average and formed daily/weekly reversal patterns, which supports momentum-based buying into GLD. Gold (XAU/USD) Price Forecast: Bullish Reversal Signals Emerging
• Positive Sentiment: World Gold Council / Kitco reporting shows ETF investors didn’t abandon holdings after recent steep moves, suggesting structural investor demand for GLD remains intact. That supports flows back into the ETF when gold rebounds. Gold’s precipitous price drop didn’t spook ETF investors – World Gold Council
• Positive Sentiment: Macro drivers: lower U.S. yields and renewed safe‑haven flows have helped gold catch bids, supporting near‑term upside for GLD though dollar strength remains a cap. Gold News: Gold Catches a Bid on Lower Yields While Dollar Pressure Stalls Rally
• Positive Sentiment: High-profile bullish price forecasts (e.g., CIBC projecting much higher long‑run averages) and investment commentary (Bridgewater/Ray Dalio noting monetary uncertainty) are bolstering the narrative that gold—and by extension GLD—remains a strategic hedge. CIBC sees gold averaging $6,000 an ounce as safe-haven demand persists
• Neutral Sentiment: Product choice and fees matter for long-term flows: commentary comparing GLD (larger AUM, holding more bullion) with lower‑cost alternatives like IAU may influence allocation decisions between ETFs rather than the overall gold exposure. GLD Holds More Gold While IAU Is More Affordable
• Negative Sentiment: Volatility and profit‑taking remain elevated: recent bearish reversals, silver-driven pressure, and margin‑call dynamics have forced sharp intra‑week moves that can trigger short‑term GLD outflows and higher intraday swings. Gold (XAU/USD) Price Forecast: Uncertainty Rises After Bearish Reversal
• Negative Sentiment: Spillovers from other markets (crypto selloffs) and sharp silver de‑leveraging episodes have pressured gold at times, increasing downside risk for GLD during risk‑off liquidations. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff
• Negative Sentiment: Analyses warning that the prior retail‑driven rally left GLD vulnerable to sharp reversals (a “mousetrap” narrative) may dampen speculative inflows and increase sensitivity to Fed and policy headlines. Why GLD’s 74% Rally Turned Into a Mousetrap and What the Fed Chair Pick Means Now

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.