Checchi Capital Advisers LLC Decreases Position in SPDR Gold Shares $GLD

Checchi Capital Advisers LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,492 shares of the exchange traded fund’s stock after selling 7,937 shares during the quarter. SPDR Gold Shares makes up approximately 1.0% of Checchi Capital Advisers LLC’s portfolio, making the stock its 17th biggest position. Checchi Capital Advisers LLC’s holdings in SPDR Gold Shares were worth $20,407,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bonfire Financial purchased a new stake in SPDR Gold Shares during the fourth quarter worth approximately $214,000. Finivi Inc. lifted its stake in SPDR Gold Shares by 2.2% during the fourth quarter. Finivi Inc. now owns 3,685 shares of the exchange traded fund’s stock worth $1,460,000 after purchasing an additional 80 shares during the last quarter. Q3 Asset Management lifted its stake in SPDR Gold Shares by 196.6% during the fourth quarter. Q3 Asset Management now owns 5,679 shares of the exchange traded fund’s stock worth $2,250,000 after purchasing an additional 3,764 shares during the last quarter. 55 North Private Wealth LLC purchased a new stake in SPDR Gold Shares during the fourth quarter worth approximately $1,128,000. Finally, Benchmark Financial Wealth Advisors LLC lifted its stake in SPDR Gold Shares by 23.5% during the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 1,527 shares of the exchange traded fund’s stock worth $605,000 after purchasing an additional 291 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Analysts at major firms see strong upside for gold over the next 12 months, and some retail/institutional commentary is recommending gold exposure via ETFs like GLD, which supports longer‑term demand. Read More.
• Positive Sentiment: Heraeus notes gold’s safe‑haven status remains intact and high metal prices are boosting exploration budgets, a structural positive for bullion demand over time. Read More.
• Neutral Sentiment: Standard Chartered highlights near‑term downside risks for gold but forecasts longer‑term upside, suggesting current weakness may be a buying opportunity for longer‑dated investors. Read More.
• Neutral Sentiment: Industry moves such as Agnico Eagle’s consolidation in Finland and Russia’s valuation of a seized gold stake are mining‑sector developments that affect supply/demand dynamics, but they have a limited immediate impact on GLD flows. Read More. Read More.
• Negative Sentiment: Large flows rotated back into equities as Iran war fears eased, drawing billions into broad market ETFs — a direct outflow risk for GLD as investors shift risk back to stocks. Read More.
• Negative Sentiment: Multiple market reports point to a stronger USD and higher Treasury yields pressuring gold prices intraday, along with technical weakness beneath the 50‑day MA — bearish near‑term drivers for GLD. Read More. Read More.

SPDR Gold Shares Stock Down 0.9%

GLD stock opened at $442.09 on Tuesday. The business has a 50 day moving average price of $449.19 and a 200 day moving average price of $417.18. The stock has a market cap of $162.73 billion, a price-to-earnings ratio of -32.43 and a beta of 0.20. SPDR Gold Shares has a fifty-two week low of $291.78 and a fifty-two week high of $509.70.

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.