Accel Wealth Management Increases Stock Holdings in SPDR Gold Shares $GLD

Accel Wealth Management increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 15.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,302 shares of the exchange traded fund’s stock after acquiring an additional 1,388 shares during the quarter. SPDR Gold Shares makes up about 1.1% of Accel Wealth Management’s portfolio, making the stock its 22nd biggest holding. Accel Wealth Management’s holdings in SPDR Gold Shares were worth $4,083,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC raised its position in shares of SPDR Gold Shares by 2.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock worth $899,764,000 after purchasing an additional 66,416 shares during the last quarter. Bank of Montreal Can purchased a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $556,282,000. Ameriprise Financial Inc. raised its holdings in shares of SPDR Gold Shares by 3.4% during the third quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock valued at $554,139,000 after acquiring an additional 50,756 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of SPDR Gold Shares by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock valued at $434,701,000 after acquiring an additional 35,619 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of SPDR Gold Shares by 1.4% in the third quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock valued at $400,037,000 after acquiring an additional 15,932 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $429.41 on Friday. SPDR Gold Shares has a 1 year low of $272.58 and a 1 year high of $509.70. The firm has a market capitalization of $157.34 billion, a PE ratio of -32.43 and a beta of 0.09. The business’s 50 day moving average price is $454.35 and its 200-day moving average price is $409.64.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: Daily ETF flows show fresh demand for GLD — the fund gathered about $550M on April 1, which supports spot-gold exposure and liquidity for GLD holders. Daily ETF Flows: GLD Gathers $550M
• Positive Sentiment: Central banks remain net buyers of gold, a structural demand tailwind that supports bullion and GLD over the medium term. Central banks remain net gold buyers
• Positive Sentiment: Technical/market bounce: some analysts note a short-term recovery in gold (weekly rebound, reclaiming moving-average support), which can stabilize GLD if momentum continues. Gold Weekly Price Analysis – Gold Continues to Fight Back
• Neutral Sentiment: ETF positioning vs. alternatives — coverage notes GLD offers superior liquidity and a low expense ratio vs. some peers (IAU, SGDM, SIL), meaning investors may prefer GLD for core gold exposure even as other funds outperform intermittently. GLD or IAU ETF pick
• Negative Sentiment: Macro headwinds: a spike in oil shifted the rate outlook higher, lifting inflation concerns and Treasury yields — this reduces gold’s safe-haven appeal and pressured prices. Gold Drops As Oil Spike Shifts Rate Outlook
• Negative Sentiment: Dollar and bond-yield strength ahead of key U.S. data (NFP) has applied near-term selling pressure on gold, which typically drags GLD lower while yields rise. Gold and Silver Technical Analysis: Prices Under Pressure
• Negative Sentiment: Minor institutional trimming: a small 13F disclosure shows Balboa Wealth Partners cut its GLD position (~15.8% of its holding), a modest signal but not large enough alone to move the market. Balboa Wealth Partners sells GLD

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.