Citizens Financial Group Inc. RI grew its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 20.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,499 shares of the exchange traded fund’s stock after buying an additional 5,755 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in SPDR Gold Shares were worth $11,908,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in GLD. Mccarter Private Wealth Services LLC increased its holdings in SPDR Gold Shares by 3.2% in the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 27 shares in the last quarter. Norris Perne & French LLP MI lifted its holdings in SPDR Gold Shares by 3.3% during the third quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock valued at $310,000 after purchasing an additional 28 shares in the last quarter. Revisor Wealth Management LLC grew its position in shares of SPDR Gold Shares by 2.4% in the third quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock valued at $452,000 after purchasing an additional 29 shares during the period. Halbert Hargrove Global Advisors LLC increased its stake in shares of SPDR Gold Shares by 12.0% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 29 shares in the last quarter. Finally, Phil A. Younker & Associates Ltd. increased its stake in shares of SPDR Gold Shares by 4.0% during the third quarter. Phil A. Younker & Associates Ltd. now owns 781 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 30 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares Trading Up 0.7%
Shares of SPDR Gold Shares stock opened at $414.47 on Monday. SPDR Gold Shares has a twelve month low of $245.15 and a twelve month high of $418.45. The firm has a market capitalization of $154.60 billion, a PE ratio of -32.43 and a beta of 0.09. The firm’s 50-day moving average price is $390.08 and its 200 day moving average price is $352.26.
Key Headlines Impacting SPDR Gold Shares
- Positive Sentiment: Cooling U.S. labor market reduced Fed-tightening expectations, helping push spot gold above $4,500 and strengthening the bull case for GLD. Gold breaks $4,500 as a cooling labor market strengthens bull case
- Positive Sentiment: Weaker-than-expected December payrolls (50k vs. forecast 65k) triggered dip-buying in gold—momentum buying after NFP supports GLD near-term. Gold Price Outlook – Gold Continues to See Buyers After NFP
- Positive Sentiment: U.S. housing starts fell sharply, reinforcing recession/slowdown fears and safe-haven demand that lifted spot gold — a direct tailwind for GLD. Spot gold shoots to $4,490/oz after U.S. housing starts fall
- Positive Sentiment: HSBC projects gold could reach ~$5,050/oz in H1 2026 (with a possible H2 correction), which supports a longer-term bullish narrative for GLD holdings. Gold price could reach $5,050/oz in H1 2026, but H2 correction could be deeper – HSBC
- Neutral Sentiment: Geopolitical tensions continue to underpin gold’s safe-haven appeal, providing steady support to GLD even as markets weigh other data. Gold Steady, Underpinned by Geopolitical Risks
- Neutral Sentiment: Longer-term performance writeups (e.g., 5‑year returns for a $1,000 investment in GLD) reinforce GLD’s role as a portfolio hedge but are less likely to move the price intraday. $1000 Invested In SPDR Gold Shares 5 Years Ago Would Be Worth This Much Today
- Negative Sentiment: Index rebalancing could force roughly $6.8B of futures liquidation (Jan 9–15), creating short-term selling pressure and raising the risk of a pullback for GLD. Gold (XAUUSD) Price Forecast: Gold Price Set for Pullback as $6.8B Rebalancing Begins Jan 9
- Negative Sentiment: Stronger U.S. dollar and profit-taking have caused intraday pullbacks in recent sessions; continued dollar strength would likely weigh on gold and GLD. Gold and Silver Technical Analysis: Key Support Levels Tested Amid US Dollar Rebound
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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