J.W. Cole Advisors Inc. Raises Stake in SPDR Gold Shares $GLD

J.W. Cole Advisors Inc. lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 52,622 shares of the exchange traded fund’s stock after acquiring an additional 3,762 shares during the period. J.W. Cole Advisors Inc.’s holdings in SPDR Gold Shares were worth $18,705,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC increased its holdings in shares of SPDR Gold Shares by 31,232.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after buying an additional 2,913,079 shares during the last quarter. Envestnet Asset Management Inc. raised its position in SPDR Gold Shares by 3.0% in 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 purchasing an additional 35,619 shares during the period. Corient Private Wealth LLC lifted its stake in shares of SPDR Gold Shares by 108.1% in the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after purchasing an additional 559,507 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of SPDR Gold Shares by 15.4% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock worth $260,458,000 after purchasing an additional 114,028 shares during the period. Finally, State Street Corp grew its holdings in shares of SPDR Gold Shares by 5.9% during the 2nd quarter. State Street Corp now owns 854,101 shares of the exchange traded fund’s stock worth $260,356,000 after purchasing an additional 47,264 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 6.4%

Shares of GLD opened at $454.29 on Wednesday. The firm has a market cap of $173.13 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12-month low of $261.25 and a 12-month high of $509.70. The company’s 50-day moving average price is $414.45 and its 200 day moving average price is $368.94.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Technical rebound and dip‑buying lifted gold after the steep decline, drawing buyers back into the market and supporting GLD. Gold, Silver Bounce Back After Sharp Selloff
• Positive Sentiment: Chart-driven bullish reversal: gold reclaimed key moving averages and staged a strong snapback, suggesting the correction may have bottomed — a direct positive for GLD flows and sentiment. Gold (XAU/USD) Price Forecast: Bullish Reversal Hints at End of Correction
• Positive Sentiment: Major-bank bullish outlooks remain intact (J.P. Morgan, Deutsche Bank), reiterating multi‑month price targets well above current levels — a bullish backdrop that can attract longer‑term ETF buying. J.P. Morgan expects gold prices to reach $6,300/oz by end 2026
• Positive Sentiment: Rising interest in tokenized gold and related digital products is boosting demand narratives for gold exposure, which can indirectly support GLD if investors prefer familiar, regulated ETF structures. Precious metal price fluctuations could test fast-growing gold token market
• Neutral Sentiment: Analysts and research notes argue the selloff was largely positioning-driven rather than a change in fundamentals, implying volatility may persist but not necessarily reverse the bull case — mixed for short‑term GLD flows. Gold, silver rout was about positioning, not fundamentals – Société Générale
• Neutral Sentiment: Coverage noting GLD’s lower volatility vs. silver ETFs may steer risk‑averse or retirement investors toward GLD — supportive structurally but not an immediate price driver. GLD Offers Smoother Ride Than SLV Over Five Years
• Negative Sentiment: Earlier market shock from expectations around the next Fed chair (Kevin Warsh nomination) and a stronger dollar triggered the initial, sharp selloff that elevated volatility and can cause intermittent outflows from GLD. How to trade the market spiral as investors dump gold, silver and oil
• Negative Sentiment: The rapid crash prior to the rebound rattled some retail and conservative investors (coverage advising caution for retirees holding GLD), which could limit sustained inflows until volatility subsides. Why Gold Crashed So Fast (And What Retirees Should Do With GLD Now)

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.