Skylands Capital LLC Lowers Position in SPDR Gold Shares $GLD

Skylands Capital LLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,275 shares of the exchange traded fund’s stock after selling 1,950 shares during the quarter. SPDR Gold Shares accounts for approximately 1.3% of Skylands Capital LLC’s portfolio, making the stock its 20th largest holding. Skylands Capital LLC’s holdings in SPDR Gold Shares were worth $9,340,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GK Wealth Management LLC increased its holdings in SPDR Gold Shares by 9.7% in the third quarter. GK Wealth Management LLC now owns 1,139 shares of the exchange traded fund’s stock valued at $405,000 after buying an additional 101 shares in the last quarter. Magnolia Private Wealth LLC increased its stake in shares of SPDR Gold Shares by 4.9% in the 3rd quarter. Magnolia Private Wealth LLC now owns 1,416 shares of the exchange traded fund’s stock valued at $503,000 after purchasing an additional 66 shares in the last quarter. Center for Financial Planning Inc. raised its holdings in SPDR Gold Shares by 19.9% in the 3rd quarter. Center for Financial Planning Inc. now owns 782 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 130 shares during the period. Stratos Wealth Advisors LLC raised its holdings in SPDR Gold Shares by 1.2% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 57,961 shares of the exchange traded fund’s stock worth $20,604,000 after purchasing an additional 700 shares during the period. Finally, Liberty Capital Management Inc. boosted its position in SPDR Gold Shares by 17.2% during the third quarter. Liberty Capital Management Inc. now owns 1,570 shares of the exchange traded fund’s stock worth $558,000 after purchasing an additional 230 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

More SPDR Gold Shares News

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

• 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

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $462.40 on Wednesday. The stock has a market capitalization of $175.76 billion, a PE 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 business has a 50 day simple moving average of $421.45 and a 200-day simple moving average of $374.03.

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.