SPDR Gold Shares $GLD Shares Sold by Covestor Ltd

Covestor Ltd decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 81.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 375 shares of the exchange traded fund’s stock after selling 1,618 shares during the period. Covestor Ltd’s holdings in SPDR Gold Shares were worth $134,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. American National Bank & Trust increased its holdings in SPDR Gold Shares by 52.4% during the 2nd quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 100 shares during the last quarter. Beaumont Financial Advisors LLC grew its position in shares of SPDR Gold Shares by 6.5% during the second quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock worth $1,070,000 after buying an additional 215 shares in the last quarter. ST Germain D J Co. Inc. increased its stake in shares of SPDR Gold Shares by 151.5% in the second quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock worth $422,000 after buying an additional 835 shares during the last quarter. Nicholson Wealth Management Group LLC raised its holdings in SPDR Gold Shares by 5.0% in the second quarter. Nicholson Wealth Management Group LLC now owns 3,755 shares of the exchange traded fund’s stock valued at $1,145,000 after acquiring an additional 179 shares in the last quarter. Finally, Joseph P. Lucia & Associates LLC raised its holdings in SPDR Gold Shares by 8.5% in the second quarter. Joseph P. Lucia & Associates LLC now owns 1,689 shares of the exchange traded fund’s stock valued at $515,000 after acquiring an additional 132 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Spot gold hit fresh all‑time highs and safe‑haven buying accelerated, supporting higher GLD NAV and demand for the ETF. Gold News: Fresh All-Time High
• Positive Sentiment: Major banks and strategists raised long‑term gold targets (Bank of America and Goldman Sachs among them), which boosts investor confidence in continued upside for bullion and GLD. Bank of America $6,000/oz
• Positive Sentiment: Gold price forecasts and bullish technical breakouts are drawing tactical and trend‑following flows into bullion ETFs like GLD. Breakout Targets Next Resistance Zone
• Positive Sentiment: High/options activity shows investor bullishness on GLD specifically—elevated call buying signals more demand for the ETF shares. High Volume Call Options on GLD
• Positive Sentiment: Infrastructure and supply moves (MKS PAMP planning U.S. expansion) point to rising physical demand and industry preparation for higher volumes, supportive for bullion prices and GLD flows. MKS PAMP US Expansion
• Neutral Sentiment: Technical and intraday analyses highlight key entry/exit levels for traders; these may amplify short‑term volatility but don’t change the underlying bull case. Intraday Price Entry Levels
• Neutral Sentiment: Silver’s run and broader precious‑metals momentum are reinforcing investor attention on metals ETFs, but cross‑metal moves can differ in magnitude and timing. Silver Soared Above $100
• Negative Sentiment: Geopolitical de‑escalation (easing U.S.–Europe tensions over Greenland) has previously trimmed gold’s gains; any sustained easing could reduce safe‑haven flows and pressure GLD. Gold Falls as Tensions Ease
• Negative Sentiment: Analysts warn silver may be in a blow‑off top with potential for deep corrections; a sharp metals selloff could spill over into gold and trigger GLD outflows/volatility. Silver Correction Risk

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $458.00 on Friday. The firm has a market cap of $172.57 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1-year low of $251.92 and a 1-year high of $458.75. The firm has a fifty day moving average of $401.91 and a two-hundred day moving average of $360.79.

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.