CWA Asset Management Group LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 47.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,811 shares of the exchange traded fund’s stock after purchasing an additional 51,936 shares during the quarter. SPDR Gold Shares comprises 2.1% of CWA Asset Management Group LLC’s holdings, making the stock its 5th largest holding. CWA Asset Management Group LLC’s holdings in SPDR Gold Shares were worth $57,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ellis Investment Partners LLC boosted its holdings in shares of SPDR Gold Shares by 8.0% in the 3rd quarter. Ellis Investment Partners LLC now owns 949 shares of the exchange traded fund’s stock valued at $337,000 after buying an additional 70 shares in the last quarter. City Holding Co. raised its stake in shares of SPDR Gold Shares by 33.8% during the 3rd quarter. City Holding Co. now owns 14,144 shares of the exchange traded fund’s stock worth $5,028,000 after acquiring an additional 3,573 shares in the last quarter. Kiley Juergens Wealth Management LLC boosted its stake in SPDR Gold Shares by 1.9% in the third quarter. Kiley Juergens Wealth Management LLC now owns 16,983 shares of the exchange traded fund’s stock valued at $6,037,000 after acquiring an additional 319 shares in the last quarter. DBK Financial Counsel LLC grew its holdings in SPDR Gold Shares by 2.3% in the third quarter. DBK Financial Counsel LLC now owns 2,686 shares of the exchange traded fund’s stock worth $955,000 after purchasing an additional 60 shares during the last quarter. Finally, Daymark Wealth Partners LLC increased its position in shares of SPDR Gold Shares by 7.5% during the third quarter. Daymark Wealth Partners LLC now owns 11,389 shares of the exchange traded fund’s stock worth $4,048,000 after purchasing an additional 792 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Up 0.5%
Shares of GLD opened at $398.28 on Monday. The firm has a market cap of $149.24 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $242.05 and a 12 month high of $418.45. The stock has a fifty day moving average price of $385.59 and a 200-day moving average price of $348.66.
Key Stores Impacting SPDR Gold Shares
- Positive Sentiment: Geopolitical tensions (U.S. threats toward Iran) have pushed safe‑haven demand, lifting gold prices and supporting ETF inflows that benefit GLD. Price gains for gold, silver as U.S. threatens Iran
- Positive Sentiment: Broad market coverage notes gold rising on geopolitical risk, reinforcing the narrative that risk‑off events can drive short‑term fund flows into GLD. Gold Rises Amid Geopolitical Risks
- Positive Sentiment: Physical demand in India and China has pushed local prices to a premium over spot after the pullback from record highs, which typically supports ETFs via higher investor interest and central bank/strategic flows. Goodbye gold discounts: Prices now trade at a premium to spot in India and China following pullback from record highs
- Positive Sentiment: RBC’s bullish outlook (multi‑year target ~ $5,100/oz) and analysts’ notes highlight structural upside and diversification demand, a supportive backdrop for GLD over the medium term. Gold tipped for $5,100 in 2025 as investors still seek hedges and diversification
- Positive Sentiment: Zacks argues that Fed easing expectations and bullish forecasts make gold ETFs attractive for long‑term investors, underpinning potential sustained inflows into GLD. Why Investors Shouldn’t Bail on Gold ETFs in the Long Term
- Neutral Sentiment: Some analysts say gold may have short‑term topped and recommend watching for dip‑buying opportunities next week — signals mixed for traders but not necessarily a structural reversal for GLD. Gold and silver have topped, but look for dip-buying next week
- Neutral Sentiment: Intraday technical guides and price‑level watchlists are encouraging active trading and volatility; these notes matter more for short‑term flows than long‑term GLD allocation decisions. Gold Market Analysis for January 2 – Key Intra-day Price Entry Levels for Active Traders
- Negative Sentiment: Weekly performance shows declines and elevated volatility, which can prompt short‑term outflows from GLD as traders trim exposure. Gold Weekly Price Outlook – Gold Falls for the Week
- Negative Sentiment: Technical warnings (20‑day support breach) raise pullback risk that could pressure short‑term inflows into GLD until support is regained. Gold (XAU/USD) Price Forecast: 20-Day Support Breakdown Raises Pullback Risk
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
- Five stocks we like better than SPDR Gold Shares
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- The $100 Trillion AI Story No One Is Telling You
- 3 Overlooked Deductions to Help Potentially Minimize Capital Gains Tax
- First Time Since 2007: All Warnings Active
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.
