Sowell Financial Services LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 43.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,575 shares of the exchange traded fund’s stock after selling 6,649 shares during the period. Sowell Financial Services LLC’s holdings in SPDR Gold Shares were worth $3,048,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. American National Bank & Trust lifted its stake in shares of SPDR Gold Shares by 52.4% in the 2nd quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 100 shares during the last quarter. StrongBox Wealth LLC raised its holdings in SPDR Gold Shares by 10.1% in the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after buying an additional 136 shares during the period. Beaumont Financial Advisors LLC lifted its position in SPDR Gold Shares by 6.5% in the second quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after buying an additional 215 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in SPDR Gold Shares by 14.6% during the second quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock worth $15,618,000 after buying an additional 6,540 shares during the period. Finally, ST Germain D J Co. Inc. increased its position in shares of SPDR Gold Shares by 151.5% during the second quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 835 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.
Key SPDR Gold Shares News
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Gold hit fresh record highs around $4,550/oz and FXEmpire notes buyers remain in control, supporting continued ETF inflows into GLD. Gold (XAU/USD) Price Forecast: Rally Extends to Fresh Highs as Buyers Maintain Control
- Positive Sentiment: Analysts and coverage (Kitco/Goldman Sachs) are bullish on gold’s multi‑year breakout — Goldman projects spot to reach ~$4,900/oz in Q4 2026 — which supports a longer‑term case for GLD accumulation. “Gold remains our single favorite long commodity,” spot price to reach $4,900/oz in Q4 2026 – Goldman Sachs
- Positive Sentiment: Technical breakout commentary and weekly outlooks (FXEmpire/Kitco/WSJ) show sustained momentum and safe‑haven buying (weaker dollar, geopolitical risk), a near‑term tailwind for GLD. Gold Weekly Price Outlook – Gold Breaks Out for the Week
- Neutral Sentiment: Zacks highlights that silver ETFs have had an even stronger run and could outperform in 2026 due to industrial demand and supply deficits — this could limit relative flows into GLD versus silver ETPs. Gold Or Silver ETFs: What Could Rally More in 2026?
- Neutral Sentiment: Sector capital activity: a gold miner (U.S. Gold Corp) completed a $31.2M raise — indicates continued investor interest in the gold space but is more relevant to miners than to GLD. U.S. Gold Corp raises $31M to advance gold project – ICYMI
- Negative Sentiment: Several reports warn of overbought readings and short‑term pullback risk (FXEmpire, Kitco): analysts flag potential retracements that could trigger temporary outflows from GLD even as the long‑term trend remains up. Gold News: Gold Analysis Highlights Pullback Risk Despite Long-Term Bullish Trend
SPDR Gold Shares Stock Performance
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.
Further Reading
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