Sigma Planning Corp Cuts Stock Holdings in SPDR Gold Shares $GLD

Sigma Planning Corp lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 58,242 shares of the exchange traded fund’s stock after selling 4,093 shares during the quarter. SPDR Gold Shares makes up about 0.6% of Sigma Planning Corp’s holdings, making the stock its 23rd largest holding. Sigma Planning Corp’s holdings in SPDR Gold Shares were worth $20,703,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Laurel Wealth Advisors LLC lifted its holdings in SPDR Gold Shares by 31,232.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after buying an additional 2,913,079 shares during the period. Corient Private Wealth LLC increased its holdings in shares of SPDR Gold Shares by 108.1% in 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 acquiring an additional 559,507 shares during the period. Harvard Management Co. Inc. bought a new position in shares of SPDR Gold Shares in the 2nd quarter worth $101,508,000. Quadrature Capital Ltd bought a new position in shares of SPDR Gold Shares in the 2nd quarter worth $99,996,000. Finally, Flow Traders U.S. LLC lifted its stake in shares of SPDR Gold Shares by 276.0% during the 2nd quarter. Flow Traders U.S. LLC now owns 304,814 shares of the exchange traded fund’s stock worth $92,916,000 after purchasing an additional 223,744 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $468.62 on Friday. The stock’s 50-day moving average is $432.80 and its 200 day moving average is $382.13. SPDR Gold Shares has a 1-year low of $261.25 and a 1-year high of $509.70. The company has a market cap of $178.12 billion, a P/E ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Safe-haven flows from rising U.S.-Iran tensions drove buying interest and helped gold push above $5,100/oz, flipping some Wall Street skeptics to buyers. Wall Street bears turn tail after gold rises to $5,100/oz, Main Street bullishness unchanged as Iran tensions mount
• Positive Sentiment: Kitco reports gold has reclaimed the $5,000/oz level as Middle East tensions boost safe-haven demand — a clear fundamental driver that supports ETF inflows into GLD. Gold reclaims $5,000 as Middle East tensions boost safe-haven demand
• Positive Sentiment: Technical analysis highlights bullish reversal patterns and momentum that point to further upside toward $5,345 and possibly the prior record near $5,598/oz — encouraging momentum traders. Gold (XAU/USD) Price Forecast: Bullish Reversal Signals Further Gains
• Positive Sentiment: Long-term investor thesis on GLD remains constructive: a recent Seeking Alpha piece reiterates GLD as a buy, citing huge AUM, ETF inflows and central-bank demand that support medium/long-term bullishness. GLD: My Second-Largest Portfolio Position, On Path To Become My Largest Holding
• Positive Sentiment: Major outlets note rising conflict risk is lifting gold in early trade — an immediate macro driver that tends to boost GLD flows during bouts of geopolitical risk. Gold Edges Higher Amid Growing Risks of U.S.-Iran Conflict
• Neutral Sentiment: Analysts note gold is “hanging” around $5,000 with market attention on U.S. data (GDP, PCE) and housing — these macro prints will determine whether flows persist or pause. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests The $5000 Level As Traders Focus On Geopolitical Risks
• Neutral Sentiment: Coverage emphasizes active intra-day levels and trader guidance — useful for short-term entry/exit but less decisive for GLD’s medium-term trend. Gold market analysis for February 20 – key intra-day price entry levels for active traders
• Negative Sentiment: Some technical notes warn a bearish bias persists while price remains below short-term moving averages (20-day), implying potential pullbacks if momentum fades. Gold (XAU/USD) Price Forecast: Bearish Bias Persists Below Key Average
• Negative Sentiment: Fed-related headlines (hawkish minutes, shifting rate-cut odds) can create volatility and intermittent selling pressure that may cap near-term gains for GLD. Gold (XAUUSD) & Silver Price Forecast: Fed Pressure Builds – Will Gold Smash $5,020 or Stall?

SPDR Gold Shares Company Profile

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.