NWF Advisory Services Inc. lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 21.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,776 shares of the exchange traded fund’s stock after purchasing an additional 2,992 shares during the quarter. NWF Advisory Services Inc.’s holdings in SPDR Gold Shares were worth $5,963,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Nicholson Wealth Management Group LLC boosted its holdings in SPDR Gold Shares by 5.0% in the 2nd quarter. Nicholson Wealth Management Group LLC now owns 3,755 shares of the exchange traded fund’s stock worth $1,145,000 after buying an additional 179 shares during the period. Joseph P. Lucia & Associates LLC boosted its holdings 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 worth $515,000 after acquiring an additional 132 shares during the period. Princeton Capital Management LLC bought a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at $220,000. Spirepoint Private Client LLC purchased a new stake in SPDR Gold Shares during the 3rd quarter worth about $742,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in SPDR Gold Shares by 19.4% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock worth $12,964,000 after purchasing an additional 5,932 shares during the period. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Stock Up 1.5%
Shares of GLD opened at $464.70 on Tuesday. SPDR Gold Shares has a twelve month low of $251.92 and a twelve month high of $469.28. The stock has a market cap of $175.42 billion, a PE ratio of -32.43 and a beta of 0.09. The business’s 50-day moving average price is $403.77 and its 200-day moving average price is $362.29.
SPDR Gold Shares News Roundup
- Positive Sentiment: Record gold rally driven by safe?haven flows and geopolitical risk is the primary driver lifting GLD; investors are reallocating into bullion as markets price in increased risk. Gold races to $5,100 record peak on safe-haven demand
- Positive Sentiment: GLD-specific flows: coverage notes GLD shares climbing as gold breaks the $5,000 mark, implying ETF inflows and price support for GLD units. Gold Climbs Above $5,000 As Global Tensions Mount
- Positive Sentiment: Large non?bank buyers and official-sector demand are adding structural support—Tether disclosed meaningful gold purchases in Q4, reinforcing sustained demand beyond retail. Tether says it bought 27 tons of gold in fourth quarter
- Neutral Sentiment: Gold miners and related ETFs are rallying alongside bullion; miners’ outperformance can amplify sector returns but does not change GLD’s bullion?only exposure. Newmont, Freeport, and Other Mining Stocks Jump as Gold Surges
- Neutral Sentiment: Analyst bull cases point to further upside (some forecasting much higher levels), which can sustain interest, but these are forecasts rather than guaranteed catalysts. Gold is headed to $6,000 this year and that is a ‘conservative estimate’ – SocGen
- Negative Sentiment: Parabolic move raises short?term correction risk—several outlets warn of a potential pullback or volatility spike ahead of a key Fed meeting, which could temporarily reverse ETF flows. Gold News: XAU Breakout Above $5000 Driven by Geopolitical Chaos & Weak Dollar
- Negative Sentiment: Fed and macro uncertainty remain two?way risks—stronger U.S. data or a firmer dollar could weigh on bullion and prompt GLD outflows. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Demand Lifts Metals – Buy the Dip or Stand Aside?
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.
Read More
- Five stocks we like better than SPDR Gold Shares
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- If You Keep Cash In A U.S. Bank Account… Read This NOW
- Executive Order 14330: Trump’s Biggest Yet
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
