Sunbelt Securities Inc. Has $1.67 Million Position in SPDR Gold Shares $GLD

Sunbelt Securities Inc. lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 84.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 4,706 shares of the exchange traded fund’s stock after purchasing an additional 2,154 shares during the period. Sunbelt Securities Inc.’s holdings in SPDR Gold Shares were worth $1,673,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in GLD. Laurel Wealth Advisors LLC grew its holdings in SPDR Gold Shares by 31,232.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after acquiring an additional 2,913,079 shares during the last quarter. First Eagle Investment Management LLC raised its stake in shares of SPDR Gold Shares by 2.7% in the third quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock worth $899,764,000 after acquiring an additional 66,416 shares during the last quarter. Bank of Montreal Can acquired a new position in shares of SPDR Gold Shares during the third quarter worth approximately $556,282,000. Ameriprise Financial Inc. grew its stake in shares of SPDR Gold Shares by 3.4% during the third quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock valued at $554,139,000 after purchasing an additional 50,756 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of SPDR Gold Shares by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock valued at $434,701,000 after purchasing an additional 35,619 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $444.74 on Thursday. The firm has a 50 day simple moving average of $456.97 and a 200 day simple moving average of $402.37. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70. The firm has a market cap of $169.05 billion, a P/E ratio of -32.43 and a beta of 0.09.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Geopolitical safe‑haven demand amid Middle East tensions is providing intermittent support for gold, which can limit GLD losses or trigger short‑covering rallies. Gold (XAUUSD) & Silver Price Forecast: Middle East Tensions vs. Fed – Who Wins Gold?
• Positive Sentiment: Underlying physical demand remains strong — Indian households hold huge quantities of gold and gold‑loan activity is rising, which supports longer‑term bullion demand that benefits GLD. Inside India newsletter: Gold loans are thriving in India — and attracting global investors
• Neutral Sentiment: Some intraday technical buying produced short recoveries (a likely technical bounce noted by WSJ), but these have been shallow versus the broader down‑beat forces. Gold Rises on Likely Technical Recovery
• Negative Sentiment: Inflation jitters and strong PPI readings have pushed investors toward higher‑yielding assets and lifted yields — a classic headwind for gold and GLD. Gold and silver sell off as inflation fears grip global markets
• Negative Sentiment: Technical deterioration: gold and GLD have traded below the 50‑day moving average in recent sessions, increasing downside risk as momentum traders exit. Gold (XAU/USD) Price Forecast: Bearish Momentum Pushes Below 50-Day Average
• Negative Sentiment: Precious‑metals miners and related ETFs are sliding on the pullback in bullion, a sign that investor risk appetite is shifting away from the sector and pressuring GLD indirectly via lower sentiment for metal exposure. FTSE 350 precious metals miners slide as gold and silver prices retreat

SPDR Gold Shares 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.