Wealth Advisory Solutions LLC trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 19.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,279 shares of the exchange traded fund’s stock after selling 2,455 shares during the period. SPDR Gold Shares comprises 0.9% of Wealth Advisory Solutions LLC’s holdings, making the stock its 29th biggest holding. Wealth Advisory Solutions LLC’s holdings in SPDR Gold Shares were worth $4,074,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also added to or reduced their stakes in GLD. First Eagle Investment Management LLC boosted its holdings 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 valued at $899,764,000 after purchasing an additional 66,416 shares during the period. Bank of Montreal Can bought a new stake in SPDR Gold Shares during the 3rd quarter valued at $556,282,000. Ameriprise Financial Inc. lifted its holdings in shares of SPDR Gold Shares by 3.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock worth $554,139,000 after buying an additional 50,756 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Gold Shares by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock worth $434,701,000 after buying an additional 35,619 shares during the period. Finally, Barclays PLC grew its position in shares of SPDR Gold Shares by 1.4% during the 3rd quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock worth $400,037,000 after buying an additional 15,932 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.
Key Headlines Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Fed/comments and weaker dollar previously boosted bullion, supporting GLD’s rebound potential — market moves after Fed/policy‑tone shifts helped gold jump late last week. Gold Jumps 2.4% as Fed Signals Patience, Trump Weighs Iran War End
- Positive Sentiment: Safe‑haven and dollar weakness episodes have repeatedly lifted gold, offering upside if risk or dollar weakness returns. Gold, silver extend price rallies amid weaker USDX, dip in bond yields
- Positive Sentiment: Some technical analysts see a bullish recovery if key support holds — a sustained move above critical short‑term MAs could target higher resistance zones and lift GLD. Gold (XAU/USD) Price Forecast: Bullish Recovery Eyes $5,000 Confluence Zone
- Neutral Sentiment: Options/editing strategies: analysts highlight GLD as a candidate for collars (buy put/sell call) to manage volatility — useful for income/hedge but not market‑directional. A ‘Golden’ Way to Trade the Volatility in Gold Prices for Low-Risk, High-Reward
- Neutral Sentiment: Mixed technical reads and intraday level guides are producing both breakout and fakeout scenarios; traders should watch 10/50/100‑day MA clusters for confirmation. Gold (XAU/USD) Price Forecast: Breakout Targets Key Fibonacci and MA Levels
- Negative Sentiment: Geopolitical remarks from President Trump saying Iran would be “extremely hard” for weeks knocked gold off recent highs, directly pressuring GLD as safe‑haven flows retreated. Hochschild and Fresnillo slip as gold price knocked by Trump speech on Iran
- Negative Sentiment: Technical deterioration: recent analysis shows gold trading below the 50‑day MA and breaking trendline support — a bearish setup that can exacerbate outflows from GLD. Gold (XAUUSD) & Silver Price Forecast: Bears Take Control as Gold Trends Below 50-Day MA – Major Crash or Buy Dip?
- Negative Sentiment: Some analysts warn of a deeper technical correction toward much lower price levels if momentum rolls over — that scenario would likely weigh heavily on GLD. Gold faces deeper correction toward $3,800 as technical risks build – Avi Gilburt
SPDR Gold Shares Price Performance
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.
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