SPDR Gold Shares $GLD Shares Sold by SMI Advisory Services LLC

SMI Advisory Services LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 121,379 shares of the exchange traded fund’s stock after selling 5,937 shares during the period. SPDR Gold Shares comprises about 8.9% of SMI Advisory Services LLC’s investment portfolio, making the stock its 4th largest holding. SMI Advisory Services LLC’s holdings in SPDR Gold Shares were worth $51,250,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Chapman Financial Group LLC purchased a new position in shares of SPDR Gold Shares during the second quarter valued at approximately $26,000. Hopwood Financial Services Inc. bought a new stake in SPDR Gold Shares during the third quarter worth $27,000. Vestwell Advisors LLC purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. bought a new position in SPDR Gold Shares during the 3rd quarter valued at $31,000. Finally, Kilter Group LLC bought a new position in SPDR Gold Shares during the 2nd quarter valued at $34,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD opened at $400.64 on Friday. SPDR Gold Shares has a 1 year low of $272.58 and a 1 year high of $509.70. The company has a market capitalization of $152.28 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s fifty day moving average price is $455.89 and its two-hundred day moving average price is $405.38.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: Advisors are increasingly positioning gold ETFs as a permanent portfolio diversifier amid record global debt and breakdowns in traditional diversification, supporting long‑term ETF demand. Gold ETFs Gain as Advisors Seek New Diversifiers
• Positive Sentiment: GLD remains a large, liquid vehicle for gold exposure — recent reporting highlights ~$180–181B in GLD AUM, indicating continued structural investor interest that can limit downside. GLD Just Hit $180 Billion in Assets
• Neutral Sentiment: Industry bodies emphasize gold’s role as a store of value despite volatility — a structural positive for interest, though not necessarily supportive of near‑term prices. Swiss Bankers Association says gold’s importance as a store of value only increasing
• Neutral Sentiment: Product competition and fees matter for flows — cheaper alternatives (e.g., AAAU) are being compared to GLD; this is a competitive risk over time but doesn’t explain today’s move. The Battle of the Gold ETFs: Is AAAU Better Than GLD?
• Negative Sentiment: Macro shift: coordinated hawkish central bank tone and higher bond yields have pushed the dollar and real rates up — key headwinds for gold’s non‑yielding appeal. The Fed Meeting Changed Everything
• Negative Sentiment: Evidence of selling pressure: reports point to central bank reserve reassessments and selling that have materially weighed on the market. Gold Falls 15% as Central Banks Reassess $4.3 Trillion Reserves
• Negative Sentiment: Sovereign selling: Turkey recently sold ~58.4 tonnes of gold over two weeks, adding tangible supply pressure to the market. Turkey taps its gold reserves, sells 58.4 tonnes
• Negative Sentiment: Safe‑haven dynamics fading: easing or mixed signals on Middle East conflict and technical profit‑taking have removed some tailwinds for gold, prompting short‑term liquidations and technical corrections. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.

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.