Stonebridge Financial Group LLC Has $34.89 Million Stock Holdings in SPDR Gold Shares $GLD

Stonebridge Financial Group LLC lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 11.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 88,042 shares of the exchange traded fund’s stock after selling 11,436 shares during the period. SPDR Gold Shares comprises 3.0% of Stonebridge Financial Group LLC’s holdings, making the stock its 7th largest holding. Stonebridge Financial Group LLC’s holdings in SPDR Gold Shares were worth $34,892,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Empirical Asset Management LLC boosted its position in shares of SPDR Gold Shares by 256.7% during the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock worth $12,941,000 after acquiring an additional 26,197 shares in the last quarter. Colonial Trust Advisors raised its position in SPDR Gold Shares by 7.6% during the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock valued at $7,010,000 after purchasing an additional 1,385 shares in the last quarter. Spirepoint Private Client LLC acquired a new position in SPDR Gold Shares during the third quarter valued at approximately $742,000. FAS Wealth Partners Inc. lifted its stake in SPDR Gold Shares by 71.1% during the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after purchasing an additional 8,691 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in SPDR Gold Shares by 19.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock worth $12,964,000 after purchasing an additional 5,932 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares News Roundup

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

  • Positive Sentiment: Daily ETF flows show fresh demand for GLD — the fund gathered about $550M on April 1, which supports spot-gold exposure and liquidity for GLD holders. Daily ETF Flows: GLD Gathers $550M
  • Positive Sentiment: Central banks remain net buyers of gold, a structural demand tailwind that supports bullion and GLD over the medium term. Central banks remain net gold buyers
  • Positive Sentiment: Technical/market bounce: some analysts note a short-term recovery in gold (weekly rebound, reclaiming moving-average support), which can stabilize GLD if momentum continues. Gold Weekly Price Analysis – Gold Continues to Fight Back
  • Neutral Sentiment: ETF positioning vs. alternatives — coverage notes GLD offers superior liquidity and a low expense ratio vs. some peers (IAU, SGDM, SIL), meaning investors may prefer GLD for core gold exposure even as other funds outperform intermittently. GLD or IAU ETF pick
  • Negative Sentiment: Macro headwinds: a spike in oil shifted the rate outlook higher, lifting inflation concerns and Treasury yields — this reduces gold’s safe-haven appeal and pressured prices. Gold Drops As Oil Spike Shifts Rate Outlook
  • Negative Sentiment: Dollar and bond-yield strength ahead of key U.S. data (NFP) has applied near-term selling pressure on gold, which typically drags GLD lower while yields rise. Gold and Silver Technical Analysis: Prices Under Pressure
  • Negative Sentiment: Minor institutional trimming: a small 13F disclosure shows Balboa Wealth Partners cut its GLD position (~15.8% of its holding), a modest signal but not large enough alone to move the market. Balboa Wealth Partners sells GLD

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $429.41 on Monday. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70. The stock’s fifty day moving average price is $454.35 and its two-hundred day moving average price is $410.15. The company has a market cap of $157.34 billion, a PE ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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