Destiny Wealth Partners LLC Raises Stock Holdings in SPDR Gold Shares $GLD

Destiny Wealth Partners LLC lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 40.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,519 shares of the exchange traded fund’s stock after acquiring an additional 1,862 shares during the quarter. Destiny Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $2,584,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Prepared Retirement Institute LLC increased its position in shares of SPDR Gold Shares by 1.6% during the fourth quarter. Prepared Retirement Institute LLC now owns 1,328 shares of the exchange traded fund’s stock valued at $526,000 after acquiring an additional 21 shares during the last quarter. True Vision MN LLC increased its position in shares of SPDR Gold Shares by 3.2% during the fourth quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock valued at $304,000 after acquiring an additional 24 shares during the last quarter. Burns J W & Co. Inc. NY increased its position in shares of SPDR Gold Shares by 0.7% during the fourth quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock valued at $1,387,000 after acquiring an additional 25 shares during the last quarter. PFS Partners LLC increased its position in shares of SPDR Gold Shares by 2.4% during the fourth quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock valued at $427,000 after acquiring an additional 25 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. increased its position in shares of SPDR Gold Shares by 28.7% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 112 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 25 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.9%

Shares of GLD opened at $418.27 on Wednesday. The company has a market capitalization of $152.12 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The stock has a 50 day moving average of $443.17 and a 200 day moving average of $420.69. SPDR Gold Shares has a 12 month low of $291.78 and a 12 month high of $509.70.

Key SPDR Gold Shares News

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

• Positive Sentiment: Treasury yields pulled back from recent highs, reducing the opportunity cost of holding non‑yielding gold and supporting GLD. Read More.
• Positive Sentiment: A string of softer U.S. data (job openings, ISM/services, new‑home sales) has dented the tightening narrative and prompted renewed buying in bullion as a hedge. Read More.
• Positive Sentiment: Geopolitical developments around the Middle East keep gold bid as a risk-sensitive asset; WSJ notes traders are treating bullion as a haven amid political moves and policy uncertainty. Read More.
• Positive Sentiment: Advisers and institutional commentary are constructive on increasing gold allocations (analyst price targets and calls to build 3–8% positions), which can support ETF flows into GLD. Read More.
• Neutral Sentiment: Technical analysts are watching key support/resistance bands (near $4,500 per ounce on some charts); these signals could amplify short-term moves but are not a directional driver by themselves. Read More.
• Negative Sentiment: Earlier spikes in oil and a stronger dollar pushed yields higher and pressured metals; if yields resume their climb, GLD could be capped or give back gains. Read More.
• Negative Sentiment: A conditional U.S.–Iran truce reduced immediate Strait of Hormuz disruption fears, which may erode some safe‑haven demand if tensions remain contained. Read More.

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.