Founders Financial Securities LLC lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 22.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,858 shares of the exchange traded fund’s stock after selling 1,425 shares during the period. Founders Financial Securities LLC’s holdings in SPDR Gold Shares were worth $1,727,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of GLD. Chapman Financial Group LLC purchased a new position in shares of SPDR Gold Shares during the 2nd quarter valued at approximately $26,000. Traub Capital Management LLC acquired a new position in SPDR Gold Shares during the second quarter worth $34,000. Kilter Group LLC purchased a new position in SPDR Gold Shares during the second quarter valued at $34,000. Legacy Wealth Managment LLC ID grew its position in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 46 shares during the period. Finally, First Command Advisory Services Inc. acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at about $43,000. 42.19% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Record highs and broad safe‑haven demand are driving ETF flows into metal funds, which supports GLD’s longer‑term upside as bullion rallies. Santa Rally for Metal ETFs as Gold, Silver & Platinum Hit Highs
- Positive Sentiment: Geopolitical tensions and expectations that the Fed will ease policy next year have pushed spot gold above $4,500/oz, a fundamental tailwind for GLD exposure to bullion. Gold Climbs Above $4,500/oz for First Time Amid Rising Geopolitical Tensions
- Positive Sentiment: Options and positioning data show bullish client activity in GLD (large purchases of call options), signaling investor bets on further gains in the ETF. Traders Purchase Large Volume of SPDR Gold Shares Call Options (NYSEARCA:GLD)
- Neutral Sentiment: Institutional demand and technical momentum remain constructive, supporting the trend, but much of the market is operating in thin year‑end liquidity which can amplify moves both ways. Gold (XAUUSD) & Silver Price Forecast: Higher Lows Hold as Markets Reprice 2026 Fed Cuts
- Neutral Sentiment: Explanations of how investors access gold and drivers behind flows offer broader context for GLD’s role in portfolios, but are less likely to move the ETF on their own. How investors buy gold and what fuels the market
- Negative Sentiment: Short‑term profit‑taking and technical hesitation after hitting aggressive extension targets have produced intraday weakness; analysts flag possible mean‑reversion after rapid gains. Gold (XAU/USD) Price Forecast: New Record $4,526 – Short-Term Weakness After Target
- Negative Sentiment: GLD is facing lighter-than-average trading volume and is down intraday, leaving it vulnerable to amplified moves if liquidity remains thin or if stronger-than-expected US data reduces rate‑cut expectations.
SPDR Gold Shares Trading Down 0.4%
About SPDR Gold Shares
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.
Featured Articles
- Five stocks we like better than SPDR Gold Shares
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Forget AI, This Will Be the Next Big Tech Breakthrough
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
