Brookstone Capital Management Sells 4,024 Shares of SPDR Gold Shares $GLD

Brookstone Capital Management cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 167,937 shares of the exchange traded fund’s stock after selling 4,024 shares during the quarter. SPDR Gold Shares comprises 0.8% of Brookstone Capital Management’s portfolio, making the stock its 23rd largest position. Brookstone Capital Management’s holdings in SPDR Gold Shares were worth $66,555,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hopwood Financial Services Inc. bought a new stake in SPDR Gold Shares in the third quarter valued at about $27,000. Vestwell Advisors LLC bought a new position in SPDR Gold Shares during the third quarter worth about $27,000. USA Financial Formulas bought a new position in SPDR Gold Shares during the fourth quarter worth about $31,000. Chapman Financial Group LLC acquired a new position in shares of SPDR Gold Shares during the 2nd quarter worth about $26,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at about $31,000. Institutional investors own 42.19% of the company’s stock.

Key SPDR Gold Shares News

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

• Positive Sentiment: Safe‑haven buying after the Iran war lifted bullion and supported demand for gold ETFs, providing upside pressure for GLD. Gold Trading Higher as Traders Focus on Economic Fallout of the Iran War
• Positive Sentiment: Reports of renewed dip‑buying pushed gold back above key levels, helping stabilize GLD after recent losses. Gold rebounds above $4,500 as dip-buyers step in amid war-driven volatility
• Positive Sentiment: Macro research and bank forecasts (Commerzbank, HSBC) cite de‑dollarization and eventual rate cuts as catalysts for higher structural gold prices, which could support GLD over months. ‘Gold is behaving like a risk asset in 2026′ but de-dollarization trend will drive further gains – HSBC
• Neutral Sentiment: Modest safe‑haven bids have produced intraday gains but remain fragile as markets weigh conflicting drivers; this yields choppy GLD returns rather than a clear trend. Gold, silver see gains on modest safe-haven bidding
• Neutral Sentiment: Technical commentary offers near‑term entry/exit levels for traders, indicating active short‑term trading interest in GLD but no decisive breakout yet. Gold market analysis for March 30 – key intra-day price entry levels for active traders
• Negative Sentiment: Heavy ETF outflows and broad selling pushed bullion sharply lower in recent sessions, a direct headwind for GLD inflows and its NAV. Gold Drops 15% as ETF Outflows Surge, Buyers Begin Stepping In
• Negative Sentiment: Rising Treasury yields and inflation concerns (driven by higher oil from the Middle East conflict) reduce gold’s appeal as a zero‑yield asset, pressuring GLD. Gold Falls Amid Rising Inflation Fears
• Negative Sentiment: Volatility and the prospect of retail investors staying sidelined increase the risk of further downside for GLD until clearer direction on yields and central‑bank actions emerges. Gold’s volatility could keep retail investors on the sidelines, raising the risk of further downside – DeCarley’s Garner

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $414.58 on Tuesday. The stock has a market cap of $157.58 billion, a PE ratio of -32.43 and a beta of 0.09. The stock has a 50-day moving average of $455.62 and a 200-day moving average of $407.50. SPDR Gold Shares has a one year low of $272.58 and a one year high of $509.70.

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.