Net Worth Advisory Group boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 135.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,547 shares of the exchange traded fund’s stock after purchasing an additional 4,912 shares during the quarter. Net Worth Advisory Group’s holdings in SPDR Gold Shares were worth $3,387,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Empirical Asset Management LLC grew its holdings in shares of SPDR Gold Shares by 256.7% in the third quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock valued at $12,941,000 after purchasing an additional 26,197 shares in the last quarter. Colonial Trust Advisors raised its stake in SPDR Gold Shares by 7.6% during the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock valued at $7,010,000 after purchasing an additional 1,385 shares in the last quarter. Spirepoint Private Client LLC purchased a new stake in SPDR Gold Shares during the third quarter valued at $742,000. FAS Wealth Partners Inc. lifted its position in SPDR Gold Shares by 71.1% during the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock valued at $7,435,000 after purchasing an additional 8,691 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in SPDR Gold Shares by 19.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock valued at $12,964,000 after purchasing an additional 5,932 shares during 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: Weaker U.S. consumer sentiment and rising short‑term inflation expectations boosted bullion demand, lifting spot gold and supporting GLD as investors seek inflation protection. Spot gold shoots above $4,550/oz after final Consumer Sentiment falls to 53.3
- Positive Sentiment: Advisors and wealth managers are increasingly positioning clients in gold ETFs as a portfolio diversifier amid record global debt, supporting demand for large funds like GLD. Gold ETFs Gain as Advisors Seek New Diversifiers
- Positive Sentiment: Reports that earlier easing headlines around the U.S.–Iran conflict briefly reduced tail‑risk uncertainty encouraged dip‑buyers to re-enter the market, helping GLD recover some recent losses. SPDR gold shares surge on supposed easing of US.-Iran conflict
- Neutral Sentiment: Technical traders note a bounce after a test of the 200‑day moving average; this can produce short‑term rallies but does not guarantee a sustained trend reversal. Gold Rally Builds After 200-Day Test—Are Buyers Targeting $4850.68?
- Negative Sentiment: Macro pressure from a stronger U.S. dollar and higher bond yields—driven by coordinated hawkish central‑bank messaging—remains a major drag on gold prices and could limit GLD’s upside. Stocks Swing, Oil Surges, Gold Slumps. How the Iran War Has Moved Markets.
- Negative Sentiment: Sell‑side and reserve moves—Turkey’s recent gold sales and signs some central banks are reassessing purchases—add supply-side pressure and reduce a key source of steady demand. Turkey taps its gold reserves, sells 58.4 tonnes of gold in two weeks Gold Falls 15% as Central Banks Reassess $4.3 Trillion Reserves
SPDR Gold Shares Stock Up 3.5%
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.
See Also
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