Krilogy Financial LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 26.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,211 shares of the exchange traded fund’s stock after selling 3,229 shares during the quarter. Krilogy Financial LLC’s holdings in SPDR Gold Shares were worth $3,376,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of GLD. Nicholson Wealth Management Group LLC lifted its stake in SPDR Gold Shares by 5.0% during the second quarter. Nicholson Wealth Management Group LLC now owns 3,755 shares of the exchange traded fund’s stock worth $1,145,000 after purchasing an additional 179 shares in the last quarter. Joseph P. Lucia & Associates LLC grew its stake in shares of SPDR Gold Shares by 8.5% in the second quarter. Joseph P. Lucia & Associates LLC now owns 1,689 shares of the exchange traded fund’s stock valued at $515,000 after buying an additional 132 shares in the last quarter. Princeton Capital Management LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at $220,000. Spirepoint Private Client LLC purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $742,000. Finally, FAS Wealth Partners Inc. lifted its stake in SPDR Gold Shares by 71.1% during the 3rd quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after acquiring an additional 8,691 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
Shares of SPDR Gold Shares stock opened at $462.40 on Wednesday. The business has a 50-day moving average of $421.45 and a 200 day moving average of $374.03. SPDR Gold Shares has a 12 month low of $261.25 and a 12 month high of $509.70. The stock has a market capitalization of $175.76 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09.
Key Stories Impacting SPDR Gold Shares
- Positive Sentiment: Growing odds of Fed rate cuts and weaker dollar boost demand for non‑yielding gold, supporting GLD as a hedge against easing U.S. policy. Gold Rises Amid Fed Rate-Cut Prospects
- Positive Sentiment: Analysts warn a weak U.S. nonfarm payroll (NFP) print could trigger a breakout toward/above key psychological levels (e.g., $5,143.89), amplifying ETF inflows into GLD. Gold (XAUUSD) Price Forecast: Weak NFP Could Spark Gold Breakout Over $5143.89
- Positive Sentiment: Safe‑haven flows and dollar weakness have recently pushed spot gold above key round numbers, a technical tailwind for GLD’s price and potential ETF inflows. Safe-haven demand, outside markets push gold, silver sharply higher
- Positive Sentiment: Major bank forecasts remain bullish (UBS sees much higher year‑end gold), which can support long-term allocation to GLD. Gold will hit $5,900/oz by year end on Fed easing, sovereign buying – UBS
- Neutral Sentiment: Technical studies show gold holding key support levels (~$5,000) ahead of jobs/CPI prints — this keeps GLD vulnerable to data-driven swings rather than a steady trend. Gold and Silver Technical Analysis: Prices Hold Key Support Ahead of US Jobs Data
- Neutral Sentiment: Structural market shifts like tokenized gold are changing liquidity and access; this can support longer‑term demand but has mixed near‑term ETF flow implications. Tokenized gold is having a major impact on the broader bullion market – SocGen
- Negative Sentiment: Some profit‑taking/technical correction chatter and a recent pullback headline suggest short-term volatility that could weigh on GLD intraday. Gold Falls on Possible Technical Correction
- Negative Sentiment: Allegheny Financial Group trimmed its GLD position by about half in its latest 13F, a small signal of institutional selling (limited market impact given GLD’s size, but notable). Allegheny Financial Group Has $817,000 Stake in SPDR Gold Shares $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.
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