Compass Wealth Management LLC Purchases 6,832 Shares of SPDR Gold Shares $GLD

Compass Wealth Management LLC boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 338.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,850 shares of the exchange traded fund’s stock after acquiring an additional 6,832 shares during the quarter. Compass Wealth Management LLC’s holdings in SPDR Gold Shares were worth $3,146,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC grew its position in SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares during the period. Bison Wealth LLC boosted its stake in shares of SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of SPDR Gold Shares during the 1st quarter worth $16,014,000. Kathmere Capital Management LLC grew its position in shares of SPDR Gold Shares by 12.0% during the 2nd quarter. Kathmere Capital Management LLC now owns 930 shares of the exchange traded fund’s stock valued at $283,000 after acquiring an additional 100 shares during the period. Finally, Overbrook Management Corp increased its stake in shares of SPDR Gold Shares by 1,150.7% in the 2nd quarter. Overbrook Management Corp now owns 22,787 shares of the exchange traded fund’s stock worth $6,946,000 after purchasing an additional 20,965 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Bullion broke above the $5,000/oz milestone on renewed safe‑haven flows, pushing demand for physical‑linked products such as GLD. Read More.
• Positive Sentiment: Market commentary cites a weaker U.S. dollar and rising Fed‑cut expectations as technical and macro support for further upside in gold prices — a tailwind for GLD. Read More.
• Positive Sentiment: Large private holders and funds continue adding gold: Tether reported substantial gold purchases (≈27 metric tons in Q4), increasing institutional demand that benefits gold ETFs. Read More.
• Positive Sentiment: Analysts and some central‑bank activity point to more room to run — forecasts toward $6,000/oz have circulated, underpinning longer‑term bullish sentiment for GLD holders. Read More.
• Neutral Sentiment: Stronger gold prices are lifting miners and mining‑related equities; that helps resource industry sentiment but does not directly change GLD’s bullion exposure. Investors should distinguish GLD (physical bullion) from miner ETFs/stocks. Read More.
• Neutral Sentiment: Some economic datapoints (e.g., a rise in U.S. durable‑goods orders) have not stalled gold’s advance so far — mixed macro signals imply potential for continued volatility rather than a clear reversal. Read More.
• Negative Sentiment: Several commentators warn the rally looks parabolic and that a Fed meeting or a dollar rebound could trigger profit‑taking or a sharp pullback in gold — a downside risk for GLD in the near term. Read More.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $464.70 on Tuesday. The business’s fifty day moving average is $403.77 and its 200 day moving average is $362.29. SPDR Gold Shares has a fifty-two week low of $251.92 and a fifty-two week high of $469.28. The company has a market capitalization of $175.42 billion, a PE ratio of -32.43 and a beta of 0.09.

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.