Black Swift Group LLC acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 9,065 shares of the exchange traded fund’s stock, valued at approximately $3,222,000.
A number of other institutional investors and hedge funds have also bought and sold shares of GLD. Angeles Wealth Management LLC boosted its stake in shares of SPDR Gold Shares by 2.0% during the third quarter. Angeles Wealth Management LLC now owns 2,183 shares of the exchange traded fund’s stock valued at $776,000 after purchasing an additional 43 shares in the last quarter. Blair William & Co. IL increased its stake in shares of SPDR Gold Shares by 23.7% in the third quarter. Blair William & Co. IL now owns 178,163 shares of the exchange traded fund’s stock valued at $63,332,000 after buying an additional 34,108 shares during the period. Evexia Wealth LLC increased its stake in shares of SPDR Gold Shares by 0.8% in the third quarter. Evexia Wealth LLC now owns 14,352 shares of the exchange traded fund’s stock valued at $5,426,000 after buying an additional 113 shares during the period. First Trust Advisors LP raised its holdings in SPDR Gold Shares by 87.1% in the 3rd quarter. First Trust Advisors LP now owns 3,702 shares of the exchange traded fund’s stock valued at $1,316,000 after buying an additional 1,723 shares during the last quarter. Finally, Intellus Advisors LLC raised its holdings in SPDR Gold Shares by 10.4% in the 3rd quarter. Intellus Advisors LLC now owns 2,489 shares of the exchange traded fund’s stock valued at $885,000 after buying an additional 235 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
NYSEARCA:GLD opened at $473.51 on Friday. SPDR Gold Shares has a one year low of $265.64 and a one year high of $509.70. The company has a market cap of $179.98 billion, a PE ratio of -32.43 and a beta of 0.09. The firm’s 50 day simple moving average is $446.99 and its 200 day simple moving average is $393.81.
Key Stories Impacting SPDR Gold Shares
- Positive Sentiment: Weak US employment and retail data have supported gold as investors dial back Fed‑cut hopes and real yields fall, a driver helping GLD demand. Gold Rebounds As Non Farm Payrolls Miss Estimates
- Positive Sentiment: Ongoing geopolitical risk in the Middle East continues to prompt safe‑haven buying intermittently, supporting GLD flows when tensions spike. Gold Above $5,000 as US-Iran War Fuels Volatility
- Positive Sentiment: Rising oil and renewed inflation fears can boost gold as an inflation hedge, a tailwind for GLD if energy‑driven price pressure persists. Rising Oil, Sticky Inflation and the Fed Cloud the Outlook
- Neutral Sentiment: Technical intraday chop continues — multiple outlets note short‑term patterns and resistance levels that keep trading rangebound; this raises volatility but not a clear directional bias. Gold Continues to See Intraday Pattern
- Neutral Sentiment: Weekly analysis flags a possible pullback that some analysts view as a buying opportunity — important for traders sizing entries but not an immediate sentence for GLD’s trend. Gold Weekly Price Analysis – Gold Sees Trouble for the Week
- Negative Sentiment: Flows into gold ETFs showed a large one‑day outflow (the biggest in about a decade), directly pressuring GLD’s AUM and putting short‑term downward pressure on the share price. World’s largest Gold ETF sees largest 1-day outflow in a decade
- Negative Sentiment: Several technical studies point to bearish wedge breakouts and key support tests; combined with a stronger dollar and rising bond yields, these technical and macro headwinds could drive further downside for GLD if they persist. Wedge Breakout Suggests Further Downside
- Negative Sentiment: Some market reports note gold slipping despite geopolitical tensions as traders focus on Fed signals and oil‑driven inflation swings — a reminder that safe‑haven flows can be inconsistent. Gold slips despite geopolitical tensions
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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