AE Wealth Management LLC Reduces Holdings in SPDR Gold Shares $GLD

AE Wealth Management LLC cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 70,859 shares of the exchange traded fund’s stock after selling 2,728 shares during the period. AE Wealth Management LLC’s holdings in SPDR Gold Shares were worth $25,188,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Chapman Financial Group LLC purchased a new position in SPDR Gold Shares during the 2nd quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $31,000. Kilter Group LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $34,000. Traub Capital Management LLC purchased a new position in shares of SPDR Gold Shares during the second quarter worth approximately $34,000. Finally, First Command Advisory Services Inc. acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $43,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $495.90 on Friday. The company has a market cap of $188.39 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The company has a fifty day moving average price of $410.62 and a 200 day moving average price of $365.30. SPDR Gold Shares has a 12 month low of $256.45 and a 12 month high of $509.70.

More SPDR Gold Shares News

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

• Positive Sentiment: Geopolitical risk is supporting safe-haven demand — renewed Iran tensions have pushed traders into gold, a tailwind for GLD. Gold Rises Amid Ongoing Iran Tensions
• Positive Sentiment: Dollar weakness and expectations the next Fed chair will lean toward easing have helped bullion hit new highs, directly lifting GLD’s NAV and investor flows. Gold’s Glittering Run Pushes Prices Above $5,500
• Positive Sentiment: Institutional demand backdrop remains strong — the World Gold Council expects sustained demand as investors reassess risk, which supports longer-term ETF accumulation (positive for GLD). Gold Demand to Remain Strong as Investors Reassess Risk, WGC Says
• Positive Sentiment: Large private allocations add structural buying — Tether’s plan to allocate up to ~15% of its portfolio to physical gold increases institutional demand for bullion and ETFs. Tether CEO aims to allocate up to 15% of its portfolio to gold
• Positive Sentiment: Gold ETFs are showing elite momentum — several funds (including GLD) are seeing strong inflows and momentum rankings as bullion approaches new psychological levels. Gold ETFs Hit Elite Momentum Tier
• Neutral Sentiment: Macro / strategic views: analysts (including J.P. Morgan) and commentators argue the rally reflects structural hedging demand vs. a pure speculative spike — supportive for GLD over the medium term but dependent on macro rates and currency moves. Here’s How Gold Hits $8,000, According to J.P. Morgan
• Neutral Sentiment: Fed messaging can blunt momentum — Powell has publicly downplayed the implications of the rally, which could temper speculative flows if rate-supportive rhetoric persists. Powell dismisses gold’s rally above $5,300
• Negative Sentiment: Technical/short-term risk of a pullback — several technical reports flagged overbought conditions and profit-taking after record prints, meaning GLD could see short-term volatility and outflows if momentum cools. Gold (XAU/USD) Price Forecast: Volatility Signals Near-Term Pullback Risk

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.