Austin Private Wealth LLC lessened its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 18.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,494 shares of the exchange traded fund’s stock after selling 3,082 shares during the quarter. Austin Private Wealth LLC’s holdings in SPDR Gold Shares were worth $4,797,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Chemung Canal Trust Co. increased its stake in shares of SPDR Gold Shares by 4.3% in the third quarter. Chemung Canal Trust Co. now owns 2,086 shares of the exchange traded fund’s stock worth $742,000 after purchasing an additional 86 shares during the period. Farmers & Merchants Investments Inc. grew its holdings in SPDR Gold Shares by 3.8% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 4,102 shares of the exchange traded fund’s stock valued at $1,458,000 after buying an additional 150 shares during the last quarter. Plimoth Trust Co. LLC bought a new position in SPDR Gold Shares in the 3rd quarter worth approximately $846,000. HM Payson & Co. lifted its holdings in shares of SPDR Gold Shares by 30.2% during the third quarter. HM Payson & Co. now owns 4,745 shares of the exchange traded fund’s stock worth $1,687,000 after buying an additional 1,100 shares during the last quarter. Finally, Annex Advisory Services LLC lifted its holdings in shares of SPDR Gold Shares by 9.9% during the third quarter. Annex Advisory Services LLC now owns 2,194 shares of the exchange traded fund’s stock worth $780,000 after buying an additional 198 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
Key Stores Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: UBS projects a materially higher gold price (US$5,000 by Q3 2026, $5,400 if U.S. risks rise), supporting a bullish medium-term case for GLD as a gold-exposure vehicle. UBS sees $5,000 gold by Q3 2026
- Positive Sentiment: Technical reports note a volatility-driven breakout for gold (surges past $4,500) that underpins longer-term inflows into precious-metal ETFs like GLD. Gold and Silver Technical Analysis
- Positive Sentiment: Market commentator Scott Bauer highlights the recent pullback as a buying opportunity and outlines a trade idea using GLD, which could attract tactical buying from retail/trading desks. The Big 3: GLD, OKLO, BA
- Neutral Sentiment: Kitco pieces frame 2026 as a transitional year for gold and silver with structural demand drivers; useful context for longer-term GLD holders but not an immediate price catalyst. Gold and silver enter a new era
- Neutral Sentiment: Platinum’s breakout and broader precious-metals strength indicate cross-commodity support for metal ETFs, a secondary positive for GLD over time. Platinum Price Forecast
- Negative Sentiment: Technical analysts warn of trapped longs and a breakdown scenario that could push spot gold toward a $4,041 swing target — a bearish near-term technical risk for GLD. Gold (XAUUSD) Price Forecast: $4,041 Target
- Negative Sentiment: Several reports cite heavy profit-taking after recent record highs and a US pending-home-sales surprise that briefly pushed gold to session lows — immediate drivers of today’s GLD outflows. Gold, silver see heavy profit-taking Spot gold at session lows
- Negative Sentiment: Prominent trader Joe Terranova reported selling GLD on CNBC, a headline that can amplify outflows and psychological pressure on the ETF. Trade Tracker: Joe Terranova sells Phillips 66, Spotify and the GLD
SPDR Gold Shares Trading Down 4.4%
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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