ProCore Advisors LLC Buys New Shares in SPDR Gold Shares $GLD

ProCore Advisors LLC bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,300 shares of the exchange traded fund’s stock, valued at approximately $912,000. SPDR Gold Shares makes up about 0.9% of ProCore Advisors LLC’s investment portfolio, making the stock its 25th largest holding.

A number of other large investors have also recently added to or reduced their stakes in GLD. Empirical Asset Management LLC lifted its stake in shares of SPDR Gold Shares by 256.7% during the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock worth $12,941,000 after buying an additional 26,197 shares during the last quarter. Colonial Trust Advisors raised its stake in SPDR Gold Shares by 7.6% in the 3rd quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock worth $7,010,000 after purchasing an additional 1,385 shares in the last quarter. Spirepoint Private Client LLC acquired a new stake in SPDR Gold Shares in the 3rd quarter worth about $742,000. FAS Wealth Partners Inc. raised its stake in SPDR Gold Shares by 71.1% in the 3rd quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after purchasing an additional 8,691 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in SPDR Gold Shares by 19.4% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock worth $12,964,000 after purchasing an additional 5,932 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0%

Shares of SPDR Gold Shares stock opened at $431.81 on Wednesday. SPDR Gold Shares has a twelve month low of $274.24 and a twelve month high of $509.70. The company has a 50-day simple moving average of $452.72 and a two-hundred day simple moving average of $411.45. The stock has a market capitalization of $158.78 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: U.S.–Iran ceasefire headlines lifted gold sharply, boosting safe‑haven demand and lifting bullion‑linked ETFs like GLD. Gold Jumps Higher on U.S.-Iran Cease-Fire. Silver Surges.
• Positive Sentiment: FXEmpire reports a ~4% surge in gold on the ceasefire, describing a bullish technical pivot; stronger bullion prices tend to lift GLD NAV and attract inflows. Gold (XAUUSD) & Silver Price Forecast: Gold Surges 4% as Ceasefire Reshapes Macro Risks – Bullish Trend Reclaimed?
• Positive Sentiment: ETF flows show GLD capturing sizable demand — ETF.com reports GLD took in ~$511M on April 6 — direct fund inflows support the ETF’s share price. Daily ETF Flows: GLD Scoops Up $511M
• Positive Sentiment: Ongoing central‑bank buying (e.g., China, BRICS interest) and structural reserve shifts are cited as medium/long‑term demand drivers for gold that support GLD’s outlook. ‘The shift from dollar reserves to gold is not a prediction but a trend’ and BRICS+ demand could drive the whole gold market – EBC
• Neutral Sentiment: Technical commentators note gold is testing resistance/50‑day moving averages; a confirmed breakout would be bullish for GLD, while failure could trigger a pullback. Gold (XAUUSD) Price Forecast: Ceasefire Fuels Gold Rally Toward 50-Day Moving Average
• Negative Sentiment: Macro risks remain: oil‑driven inflation concerns and the prospect of tighter US policy could cap gold upside; analysts warn these factors can limit GLD gains if inflation expectations or yields re‑accelerate. Gold (XAUUSD) Price Forecast: Oil Surge Caps Gold Breakout as Inflation Risk Builds
• Negative Sentiment: Earlier volatility tied to stop‑start ceasefire negotiations and occasional rejection of proposals injected short‑term pullbacks; GLD could see reversals if geopolitical talks sour. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Focus On Middle East Tensions

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.