Colonial Trust Advisors Raises Position in SPDR Gold Shares $GLD

Colonial Trust Advisors boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,720 shares of the exchange traded fund’s stock after buying an additional 1,385 shares during the period. Colonial Trust Advisors’ holdings in SPDR Gold Shares were worth $7,010,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Chapman Financial Group LLC bought a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at about $26,000. Hopwood Financial Services Inc. bought a new position in shares of SPDR Gold Shares in the third quarter worth approximately $27,000. Steigerwald Gordon & Koch Inc. purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $31,000. Traub Capital Management LLC purchased a new stake in SPDR Gold Shares in the second quarter valued at approximately $34,000. Finally, Kilter Group LLC bought a new stake in SPDR Gold Shares during the second quarter valued at approximately $34,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $474.61 on Wednesday. The firm has a 50 day simple moving average of $436.09 and a two-hundred day simple moving average of $384.95. The stock has a market cap of $180.40 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a one year low of $261.25 and a one year high of $509.70.

Key SPDR Gold Shares News

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

• Positive Sentiment: U.S. tariff uncertainty and a weaker dollar have supported gold’s rally, lifting demand for GLD as a hedge against policy risk. Gold Climbs 1.4% Toward $5,180 as Trump Announces 15% Global Tariff
• Positive Sentiment: The Fed’s preferred inflation gauge (Core PCE) jumped, which boosted gold’s inflation-hedge appeal and helped lift flows into GLD. The Fed’s Favorite Inflation Measure Leapfrogs The CPI
• Positive Sentiment: Heightened Middle East tensions — analysts say an escalation could push gold much higher, underpinning demand for GLD as a safe haven. Gold could hit $5,800 if U.S.-Iran conflict escalates – Natixis’ Dahdah
• Positive Sentiment: Analysts and bank reports (UBS, central‑bank buying narratives) forecast much higher medium-term gold prices, supporting strategic GLD demand. Fed easing, geopolitical turmoil, rising demand will combine to push gold to $6,200/oz by mid-year – UBS
• Neutral Sentiment: Early session moves appear partly driven by position adjustments rather than a directional shift — suggests intraday volatility rather than a sustained trend change. Gold Edges Higher Amid Possible Position Adjustments
• Neutral Sentiment: Longer-term structural moves (China aiming to expand influence in international gold markets) could reshape liquidity and price formation, but timing and impact on GLD are uncertain. China to ‘expand the country’s market share and influence on prices in the international gold market’ – Hong Kong official
• Neutral Sentiment: Technical commentators note bulls are defending key support and eyeing higher targets, which means GLD flows could be guided by near‑term technicals. Gold (XAU/USD) Price Forecast: Bulls Defend Support, Eye $5,345 Target
• Negative Sentiment: Profit‑taking after recent rallies has pressured gold and reduced short‑term GLD buying; intraday retreats were reported across markets. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Take Profits After Rally
• Negative Sentiment: Safe‑haven flows cooled as markets awaited diplomatic talks, removing some immediate support for GLD. Gold (XAUUSD) Price Forecast: Safe-Haven Bid Fades as Gold Market Awaits Iran Talks
• Negative Sentiment: Rising U.S. consumer confidence and hawkish Fed signals at times reduce immediate demand for gold, prompting short‑term outflows from GLD. Gold prices remain under pressure as U.S. Consumer Confidence rises to 91.2

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.