Aspire Private Capital LLC trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 17.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,654 shares of the exchange traded fund’s stock after selling 2,258 shares during the quarter. Aspire Private Capital LLC’s holdings in SPDR Gold Shares were worth $3,787,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Chapman Financial Group LLC acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $26,000. Hopwood Financial Services Inc. acquired a new stake in SPDR Gold Shares during the 3rd quarter worth about $27,000. Steigerwald Gordon & Koch Inc. purchased a new stake in SPDR Gold Shares during the third quarter valued at about $31,000. Traub Capital Management LLC purchased a new stake in SPDR Gold Shares during the second quarter valued at about $34,000. Finally, Kilter Group LLC acquired a new position in shares of SPDR Gold Shares in the second quarter worth about $34,000. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares Price Performance
SPDR Gold Shares stock opened at $459.27 on Wednesday. The firm’s 50 day simple moving average is $456.26 and its 200-day simple moving average is $402.07. The company has a market cap of $174.57 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70.
SPDR Gold Shares News Summary
- Positive Sentiment: Middle East tensions and flight‑to‑safety demand are supporting bullion, which underpins GLD as an ETF proxy for gold exposure. Gold (XAUUSD) & Silver Price Forecast: War Risks vs. High Rates; XAU Pivot
- Positive Sentiment: Some strategists remain bullish on longer-term upside (UBS and others see materially higher gold prices in 2026), which supports long‑term appetite for GLD. Gold is still set to gain 20% above current prices in 2026 – UBS
- Neutral Sentiment: The upcoming FOMC decision is prompting position adjustments and headline‑driven volatility—traders are pausing or trimming positions ahead of Fed guidance, leaving GLD sensitive to any surprise. Gold Edges Lower on Possible Position Adjustments Before FOMC Decision
- Neutral Sentiment: Gold is consolidating around the $5,000 round number with technical indecision—this keeps GLD range‑bound until a clearer directional catalyst arrives. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Remains Stuck Near $5000
- Negative Sentiment: Periods of dollar strength and demand for U.S. Treasuries have pressured bullion at times; renewed flows into dollars/bonds can weigh on GLD. Gold Slips as Investors Turn to the Dollar and Bonds Amid Middle East Violence
- Negative Sentiment: Bearish technical patterns and analyst scenarios call for downside (targets cited as low as ~$4,200) if momentum breaks, adding downside risk to GLD in a risk‑off unwind. ‘We see a scenario where gold goes back down towards $4,200′ – RJO’s Pavilonis
SPDR Gold Shares 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.
See Also
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