VestGen Advisors LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 23.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,735 shares of the exchange traded fund’s stock after selling 8,681 shares during the quarter. VestGen Advisors LLC’s holdings in SPDR Gold Shares were worth $10,562,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Financial Insights Inc. grew its stake in SPDR Gold Shares by 4.7% during the 3rd quarter. Financial Insights Inc. now owns 1,225 shares of the exchange traded fund’s stock valued at $467,000 after acquiring an additional 55 shares in the last quarter. Laurel Wealth Advisors LLC lifted its stake in SPDR Gold Shares by 1.9% in the 3rd quarter. Laurel Wealth Advisors LLC now owns 9,872 shares of the exchange traded fund’s stock worth $3,760,000 after purchasing an additional 180 shares in the last quarter. Moody Aldrich Partners LLC purchased a new position in SPDR Gold Shares in the 3rd quarter worth approximately $409,000. Sigma Investment Counselors Inc. lifted its stake in SPDR Gold Shares by 10.4% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 1,275 shares of the exchange traded fund’s stock worth $486,000 after purchasing an additional 120 shares in the last quarter. Finally, Sage Financial Group Inc. boosted its holdings in shares of SPDR Gold Shares by 127.5% during the 3rd quarter. Sage Financial Group Inc. now owns 2,480 shares of the exchange traded fund’s stock worth $944,000 after purchasing an additional 1,390 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares News Roundup
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Options activity was unusually bullish, with investors purchasing approximately 609,835 call options—about 56% above average call volume. This indicates increased speculative interest in further upside for GLD, although options activity does not guarantee a sustained rally.
- Positive Sentiment: Gold’s ability to hold above the psychologically important $4,000 level and signs of a rebound suggest underlying demand remains present. Safe-haven interest could also benefit GLD if economic or geopolitical uncertainty increases. Gold Clings to Gains Above $4,000 as Markets Await Fed
- Positive Sentiment: SPDR Gold Shares continues to offer direct exposure to physical gold and may appeal to investors seeking an inflation hedge or store of value, particularly if confidence in economic growth weakens. SPDR Gold Shares vs. iShares Silver Trust: Looking for an Inflation Hedge?
- Neutral Sentiment: The Federal Reserve voted 10-2 to keep its policy rate at 3.75%–4.00%, as markets expected. The decision removes an immediate rate-hike shock, but the dissenting votes and continued tightening bias leave future policy uncertain. Gold price drops to $4,035/oz as Fed votes 10-2 in favor of rate hold
- Neutral Sentiment: Analysts remain divided: some see a path toward substantially higher gold prices, while others expect a deeper correction. This wide range of forecasts is likely to keep GLD volatile.
- Negative Sentiment: Gold pulled back as Treasury yields rose ahead of the Fed decision, increasing the opportunity cost of holding a non-yielding asset such as gold. Gold Pulls Back As Traders Prepare For Fed Decision
- Negative Sentiment: Sucden Financial warned that gold could fall toward $3,900 by year-end if the Fed maintains its restrictive stance. Technical analysts also identify moving-average resistance and a vulnerable bearish trend. Gold prices could fall to $3,900
- Negative Sentiment: Gold’s recent decline—reported as roughly 26% below its high—has weakened momentum and increased investor focus on whether support near $4,000 can hold. Gold ETF is down 26% from its high
SPDR Gold Shares Price Performance
Shares of SPDR Gold Shares stock opened at $373.51 on Thursday. The stock’s 50 day simple moving average is $392.67 and its 200-day simple moving average is $413.53. The stock has a market cap of $136.33 billion, a P/E ratio of -32.43 and a beta of 0.18. SPDR Gold Shares has a 1-year low of $361.36 and a 1-year high of $509.70.
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.
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