GLOBALT Investments LLC GA Has $107.80 Million Stake in SPDR Gold Shares $GLD

GLOBALT Investments LLC GA lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.6% in the third quarter, HoldingsChannel.com reports. The firm owned 303,252 shares of the exchange traded fund’s stock after selling 4,939 shares during the period. SPDR Gold Shares accounts for approximately 3.9% of GLOBALT Investments LLC GA’s investment portfolio, making the stock its 6th biggest holding. GLOBALT Investments LLC GA’s holdings in SPDR Gold Shares were worth $107,797,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Laurel Wealth Advisors LLC boosted its stake in SPDR Gold Shares by 31,232.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after buying an additional 2,913,079 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 108.1% during the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after purchasing an additional 559,507 shares during the period. 59 North Capital Management LP grew its holdings in shares of SPDR Gold Shares by 76.4% during the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after acquiring an additional 547,018 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in SPDR Gold Shares in the second quarter valued at approximately $120,429,000. Finally, TD Asset Management Inc increased its position in SPDR Gold Shares by 108.4% during the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock worth $208,855,000 after buying an additional 356,401 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $413.64 on Wednesday. The company has a market cap of $149.70 billion, a PE ratio of -32.43 and a beta of 0.09. The stock has a 50-day moving average of $382.75 and a 200-day moving average of $343.41. SPDR Gold Shares has a 52-week low of $239.58 and a 52-week high of $413.76.

More SPDR Gold Shares News

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

• Positive Sentiment: Geopolitical risk lifted gold above $4,500/oz, boosting safe-haven demand that favors GLD. Gold Climbs Above $4,500/oz for First Time Amid Rising Geopolitical Tensions
• Positive Sentiment: Technical breakout and momentum: gold hit fresh records and analysts forecast further extensions, attracting momentum traders and ETFs. Gold (XAU/USD) Price Forecast: New Record $4,498 – $4,552 Extension Next
• Positive Sentiment: Strong ETF inflows and institutional demand are supporting GLD accumulation into year-end, reinforcing the upward price trend. Gold Price Outlook – Gold Continues to See Inflows on Tuesday
• Positive Sentiment: Unusual bullish options flow in GLD: over 1.29 million calls were bought on Monday, signaling speculative and hedged positioning that can amplify upside in the ETF.
• Positive Sentiment: Big-bank and long-term forecasts remain bullish (JP Morgan sees materially higher targets), supporting investor conviction in continued gains. JP Morgan sees gold at $5,055 by Q4 2026
• Neutral Sentiment: Macro and structural context: surveys and explainers note that looser Fed bets, central-bank and retail buying, plus physical flows (e.g., China-Russia bullion trade) are underpinning the market. How investors buy gold and what fuels the market
• Neutral Sentiment: General investor guidance and product comparisons (ETFs vs. bullion) are circulating as new and existing investors rebalance into precious metals. How to Invest in Gold
• Negative Sentiment: Short-term pullbacks occurred intraday after US consumer confidence unexpectedly fell, showing that gold (and GLD) can be volatile around US data. Spot gold slides to session low after U.S. Consumer Confidence falls to 89.1 in December
• Negative Sentiment: Mixed US economic releases (e.g., durable goods declines) can create headline-driven swings that trigger profit-taking in momentum-led positions. Gold near session highs after U.S. durable goods posts -2.2% loss in October

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.