SPDR Gold Shares $GLD Stake Decreased by Bailard Inc.

Bailard Inc. trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 315,457 shares of the exchange traded fund’s stock after selling 1,804 shares during the quarter. SPDR Gold Shares comprises 2.4% of Bailard Inc.’s portfolio, making the stock its 8th largest position. Bailard Inc. owned about 0.09% of SPDR Gold Shares worth $112,135,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of GLD. Laurel Wealth Advisors LLC grew its stake in shares of SPDR Gold Shares by 31,232.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after buying an additional 2,913,079 shares during the period. Corient Private Wealth LLC grew its position in SPDR Gold Shares by 108.1% during the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after acquiring an additional 559,507 shares during the period. TD Asset Management Inc grew its position in SPDR Gold Shares by 108.4% during the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock valued at $208,855,000 after acquiring an additional 356,401 shares during the period. Harvard Management Co. Inc. acquired a new stake in SPDR Gold Shares during the second quarter worth about $101,508,000. Finally, Quadrature Capital Ltd purchased a new position in shares of SPDR Gold Shares in the 2nd quarter worth about $99,996,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

Key Headlines Impacting SPDR Gold Shares

Here are the key news stories impacting SPDR Gold Shares this week:

• Positive Sentiment: Geopolitical risk and U.S. tariff threats (Greenland/Europe) have driven large safe‑haven buying into gold, pushing prices to record levels and supporting GLD demand. ‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
• Positive Sentiment: Multiple market reports note gold’s breakout momentum and bullish technicals, arguing upside could continue toward much higher targets (analysts and outlets discussing $4,700–$5,000 scenarios). This bullish narrative supports further inflows into GLD. Gold (XAU/USD) Price Forecast: Breakout to New High Accelerates Uptrend
• Positive Sentiment: Unusually large options activity in GLD: traders bought ~957,276 call options (≈34% above typical call volume), signaling heavy speculative/bullish positioning directly in the ETF. This can amplify upside on continued gold rallies.
• Neutral Sentiment: Analysts and market commentators are highlighting technical entry/exit levels and intra‑day trade setups as gold becomes more volatile; useful for traders but not a clear directional catalyst on its own. Gold market analysis for January 20 – key intra-day price entry levels for active traders
• Negative Sentiment: Several outlets and WSJ pieces warn of consolidation/technical correction after the rapid surge—this raises the risk of a pullback in GLD even as the broader trend remains bullish. Traders should watch momentum indicators and volume for signs of a short-term reversal. Gold Consolidates; May Face Technical Correction

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $437.23 on Wednesday. SPDR Gold Shares has a 1-year low of $251.83 and a 1-year high of $438.14. The firm has a market capitalization of $165.97 billion, a P/E ratio of -32.43 and a beta of 0.09. The business’s 50-day simple moving average is $397.74 and its 200-day simple moving average is $358.10.

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.