Acorn Creek Capital LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 5.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 51,043 shares of the exchange traded fund’s stock after purchasing an additional 2,746 shares during the quarter. SPDR Gold Shares comprises 6.8% of Acorn Creek Capital LLC’s holdings, making the stock its 7th largest position. Acorn Creek Capital LLC’s holdings in SPDR Gold Shares were worth $18,144,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Chapman Financial Group LLC purchased a new position in SPDR Gold Shares during the 2nd quarter worth approximately $26,000. Hopwood Financial Services Inc. purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of SPDR Gold Shares in the third quarter worth $31,000. Traub Capital Management LLC purchased a new position in shares of SPDR Gold Shares during the second quarter worth $34,000. Finally, Kilter Group LLC purchased a new position in shares of SPDR Gold Shares during the second quarter worth $34,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
Key Stories Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Macro outlooks flag a softer U.S. dollar and a structurally bullish case for precious metals in 2026, which supports medium‑term demand for gold and GLD. 2026 Market Outlook
- Positive Sentiment: High‑profile allocation to gold (David Einhorn saying he’s “betting big” on gold) boosts investor demand narrative and validates GLD as a hedge/positioning vehicle. Einhorn Bets on Gold
- Positive Sentiment: State-level demand initiatives (Texas unveiling an official bullion program) could support long‑run physical demand for bullion and ETFs like GLD. Texas Bullion Program
- Neutral Sentiment: Technical and intra‑day analyses show gold hovering near key levels (~$5,000/oz) with mixed signals; this creates higher volatility but not a clear directional bias for GLD until a decisive close. Gold Technicals
- Neutral Sentiment: BCA and other strategists remain long-term bullish but warn that speculative flows can trigger sharp pullbacks — suggests risk management is important for GLD holders. BCA Long but Cautious
- Negative Sentiment: Rapid sell‑off and liquidation in gold/silver markets (front‑month futures down and abrupt price drops) drove heavy intraday weakness that pushed GLD lower as ETF liquidity and redemptions can amplify moves. Rapid Sell-Off
- Negative Sentiment: Strong U.S. jobs data and a firmer dollar pressured gold—several reports note NFP/strong data lifted the dollar, reducing demand for non‑yielding gold and hurting GLD. Jobs Data / Dollar
- Negative Sentiment: Front‑month futures settled down sharply (report cited a 2.9% decline) and WSJ notes prospects of a long Fed pause reduce gold’s appeal versus yield‑bearing assets, weighing on GLD. WSJ: Futures Drop
- Negative Sentiment: A small institutional holder markedly reduced its GLD stake (Allegheny Financial Group trimmed position), a micro signal that may modestly add to selling pressure but is not a market‑moving event by itself. 13F Stake Cut
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.
Further Reading
- Five stocks we like better than SPDR Gold Shares
- Nvidia CEO Issues Bold Tesla Call
- Your Bank Account Is No Longer Safe
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- The day the gold market broke
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
