Childress Capital Advisors LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,669 shares of the exchange traded fund’s stock, valued at approximately $5,570,000. SPDR Gold Shares accounts for 1.0% of Childress Capital Advisors LLC’s holdings, making the stock its 23rd largest position.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Park Avenue Securities LLC lifted its stake in SPDR Gold Shares by 1.5% during the 3rd quarter. Park Avenue Securities LLC now owns 46,646 shares of the exchange traded fund’s stock worth $16,581,000 after acquiring an additional 697 shares in the last quarter. RPG Investment Advisory LLC lifted its position in shares of SPDR Gold Shares by 3.4% during the third quarter. RPG Investment Advisory LLC now owns 7,839 shares of the exchange traded fund’s stock worth $2,787,000 after purchasing an additional 260 shares in the last quarter. Integral Investment Advisors Inc. purchased a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $221,000. Pachira Investments Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $204,000. Finally, Cerity Partners LLC grew its holdings in shares of SPDR Gold Shares by 0.4% in the third quarter. Cerity Partners LLC now owns 428,548 shares of the exchange traded fund’s stock valued at $152,439,000 after purchasing an additional 1,798 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 1.1%
SPDR Gold Shares stock opened at $413.18 on Wednesday. SPDR Gold Shares has a 52-week low of $243.81 and a 52-week high of $418.45. The firm has a market cap of $154.82 billion, a PE ratio of -32.43 and a beta of 0.09. The company’s 50 day moving average is $387.40 and its two-hundred day moving average is $350.07.
SPDR Gold Shares News Summary
- Positive Sentiment: Geopolitical tensions continue to support safe‑haven flows into gold, lifting demand for bullion and gold ETFs. Gold Edges Higher Amid Ongoing Geopolitical Tensions
- Positive Sentiment: News around the U.S.–Venezuela episode and related geopolitical risk sparked a breakout in gold, increasing safe‑haven interest and ETF flows. Gold Breaks Out as Venezuela Crisis and Dovish Fed Boost Safe‑Haven Demand
- Positive Sentiment: Technical setup is constructive: gold has rebounded from short‑term support and reclaimed key moving averages, reinforcing the bull trend and encouraging momentum trading into ETFs like GLD. Gold (XAU/USD) Price Forecast: Bull Trend Reasserts Toward Record Highs
- Positive Sentiment: Official demand: World Gold Council data show central banks added significant physical gold (45 tonnes in November), underpinning longer‑term demand for bullion and gold ETFs. Central banks bought 45 tonnes of gold in November, Poland leads purchases once again – World Gold Council
- Positive Sentiment: Major strategists and asset managers see gold as a primary hedge for 2026, which can support continued investor allocations to GLD. Gold will be the primary hedge and performance driver 2026, silver could top out – Bank of America’s Widmer
- Neutral Sentiment: Broader precious‑metals strength (silver and platinum rallies) signals sector momentum but is only an indirect positive for GLD specifically. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Tests The $80.00 Level
- Negative Sentiment: Near‑term technical and profit‑taking risk: some reports flag a likely short technical correction and overhead range resistance as prices push toward record highs, which could pause inflows into GLD. Gold Edges Lower on Likely Technical Correction
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.
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