Dakota Wealth Management grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 9.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,605 shares of the exchange traded fund’s stock after purchasing an additional 2,482 shares during the quarter. Dakota Wealth Management’s holdings in SPDR Gold Shares were worth $9,813,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in GLD. Mccarter Private Wealth Services LLC raised its position in SPDR Gold Shares by 3.2% during the third quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 27 shares in the last quarter. Norris Perne & French LLP MI increased its stake in shares of SPDR Gold Shares by 3.3% during the 3rd quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock worth $310,000 after purchasing an additional 28 shares during the last quarter. Revisor Wealth Management LLC increased its stake in shares of SPDR Gold Shares by 2.4% during the 3rd quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock worth $452,000 after purchasing an additional 29 shares during the last quarter. Halbert Hargrove Global Advisors LLC raised its holdings in shares of SPDR Gold Shares by 12.0% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 29 shares during the period. Finally, Phil A. Younker & Associates Ltd. lifted its stake in SPDR Gold Shares by 4.0% in the 3rd quarter. Phil A. Younker & Associates Ltd. now owns 781 shares of the exchange traded fund’s stock valued at $278,000 after purchasing an additional 30 shares during the last quarter. Institutional investors 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: UBS projects a large upside for gold (to ~$6,200/oz) as Fed easing, geopolitical turmoil and rising demand converge — a bullish fundamental case that supports GLD inflows and higher NAV expectations. Fed easing, geopolitical turmoil, rising demand will combine to push gold to $6,200/oz by mid-year – UBS
- Positive Sentiment: Renewed trade/tariff uncertainty (Supreme Court and recent policy moves) is driving safe‑haven demand for gold, supporting GLD flows. Gold Edges Higher Amid Ongoing Tariff Risks
- Positive Sentiment: Reports of broad central-bank buying (coverage noting ~1,000 tonnes) and a softer dollar are cited as structural support for the gold rally, reinforcing GLD demand. Gold (XAUUSD) & Silver Price Forecast: 1,000 Tonnes Bought, Demand Surges – Rally Sustainable?
- Positive Sentiment: Short‑term momentum and haven-driven spikes after weak U.S. economic data have produced strong rallies in gold and silver, supporting GLD’s technical breakout and investor interest. Strong rallies in gold, silver on haven demand, weak U.S. data
- Positive Sentiment: Precious-metals miners rallied on tariff uncertainty — a market signal that sentiment is rotating into metals and could lift ETF flows such as GLD. Gold and silver miners jump on new Trump tariff uncertainty
- Neutral Sentiment: Heraeus notes that gold and silver may “wait” to fully benefit until policy‑rate easing is clearer — suggesting upside may be paced by rate expectations rather than immediate. Gold and silver will wait to benefit from lower rates, Ghana and Hecla reflect shifting priorities in precious metals markets – Heraeus
- Neutral Sentiment: Intraday technical commentary and forecasts highlight momentum but also note key levels for traders — useful for short‑term positioning but mixed for long-term flows. Gold market analysis for February 23 – key intra-day price entry levels for active traders
- Negative Sentiment: Some strategists (BIS/McGlone) warn of a risk‑reversion in 2026 — a “sell gold, buy Treasuries” thesis that could pressure GLD if real yields firm. Sell gold, buy Treasuries? BI’s McGlone sees risk of reversion in 2026
- Negative Sentiment: Russia’s reported sale of ~300,000 oz in January (raising up to ~$1.68B) is a reminder that sovereign sales can add near‑term supply; that may slightly cap price gains if sustained. Russia made up to $1.68 billion selling 300,000 ounces of gold in January as prices hit record highs
SPDR Gold Shares Stock Performance
SPDR Gold Shares 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.
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