Exencial Wealth Advisors LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 59,409 shares of the exchange traded fund’s stock after selling 2,469 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $23,544,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the stock. Prepared Retirement Institute LLC increased its position in shares of SPDR Gold Shares by 1.6% during the 4th quarter. Prepared Retirement Institute LLC now owns 1,328 shares of the exchange traded fund’s stock valued at $526,000 after purchasing an additional 21 shares during the last quarter. True Vision MN LLC increased its position in shares of SPDR Gold Shares by 3.2% during the 4th quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 24 shares during the last quarter. Burns J W & Co. Inc. NY increased its position in shares of SPDR Gold Shares by 0.7% during the 4th quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock valued at $1,387,000 after purchasing an additional 25 shares during the last quarter. PFS Partners LLC increased its position in shares of SPDR Gold Shares by 2.4% during the 4th quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock valued at $427,000 after purchasing an additional 25 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. increased its position in shares of SPDR Gold Shares by 28.7% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 112 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 25 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.
Key Headlines Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Tokenized-gold adoption and World Gold Council standardization efforts support longer-term demand for gold-backed vehicles, a structural positive for GLD. Tokenized gold poised for further growth as World Gold Council pushes market standardization, says Gold Token SA CEO
- Positive Sentiment: Analysts note that an extended ceasefire or lingering uncertainty could bolster medium-term gold demand, which can support GLD if risk events re-intensify. Extended ceasefire only prolongs market uncertainty, gold’s medium-term prospects strengthen while silver demand slides – Heraeus
- Neutral Sentiment: Technical setups are at an inflection — gold is consolidating under key moving averages and could either resume the rally or extend the pullback; this leaves GLD sensitive to short-term trading flows. Gold (XAU/USD) Price Forecast: Breakout or Breakdown Technical Inflection Point
- Neutral Sentiment: WSJ reports Iran offered to halt Strait of Hormuz attacks in exchange for concessions — the proposal reduces tail-risk if it progresses, but markets are still digesting details, leaving mixed near-term direction for GLD. Gold Edges Higher as Investors Assess Iran’s Proposal to U.S.
- Negative Sentiment: Broad safe-haven sell-off: coverage highlights gold’s first sustained pullback in months and weakness in gold-sector indices, pressuring GLD shares tied to spot performance. Gold’s Worst Pullback in Months Is Here. Here’s Why Safe-Haven Assets Are Sliding
- Negative Sentiment: Dollar and Fed dynamics: several reports note gold easing as the dollar and higher-for-longer rate expectations regain traction, a headwind for GLD. Gold Falls Amid Dollar’s Strength
- Negative Sentiment: Crude/oil-driven policy risk: rising crude has pushed back the “rate-cut” narrative, strengthening the higher-for-longer Fed view and weighing on gold futures and GLD. Gold News: June Gold Futures Price Weakens as Crude Oil Kills the Rate Cut Trade
- Negative Sentiment: Chart-based selling and intraday technical pressure have triggered short-term liquidations in bullion vehicles, amplifying downward moves in GLD. Gold, silver sell off on chart-based pressure
SPDR Gold Shares Stock Performance
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.
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