Retirement Financial Solutions LLC reduced its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 79.0% during the third quarter, according to its most recent filing with the SEC. The fund owned 813 shares of the exchange traded fund’s stock after selling 3,054 shares during the quarter. Retirement Financial Solutions LLC’s holdings in SPDR Gold Shares were worth $289,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in GLD. Sandy Cove Advisors LLC increased its stake in shares of SPDR Gold Shares by 37.5% during the 3rd quarter. Sandy Cove Advisors LLC now owns 1,833 shares of the exchange traded fund’s stock worth $652,000 after purchasing an additional 500 shares during the last quarter. Endeavor Private Wealth Inc. purchased a new position in SPDR Gold Shares in the third quarter valued at approximately $254,000. Cresta Advisors Ltd. bought a new position in SPDR Gold Shares during the third quarter valued at $976,000. WT Wealth Management increased its position in SPDR Gold Shares by 5.4% in the third quarter. WT Wealth Management now owns 2,907 shares of the exchange traded fund’s stock worth $1,033,000 after buying an additional 149 shares during the last quarter. Finally, Trust Co. of Oklahoma bought a new stake in shares of SPDR Gold Shares in the third quarter valued at $213,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
Shares of NYSEARCA GLD opened at $398.28 on Monday. The stock has a market capitalization of $149.24 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a one year low of $242.05 and a one year high of $418.45. The business’s fifty day moving average price is $385.59 and its 200-day moving average price is $348.66.
Trending Headlines about 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
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.
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