Momentum Wealth Planning LLC Purchases Shares of 1,800 SPDR Gold Shares $GLD

Momentum Wealth Planning LLC purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,800 shares of the exchange traded fund’s stock, valued at approximately $713,000. SPDR Gold Shares makes up about 0.6% of Momentum Wealth Planning LLC’s investment portfolio, making the stock its 26th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in GLD. Chapman Financial Group LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at $26,000. Hopwood Financial Services Inc. purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at $27,000. Vestwell Advisors LLC purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at $27,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at $31,000. Finally, USA Financial Formulas purchased a new stake in shares of SPDR Gold Shares in the fourth quarter valued at $31,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares News Summary

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

• Positive Sentiment: U.S. comments that the cease?fire will be extended lifted near?term risk sentiment and offered support to gold after a period of volatility. Gold Edges Higher After Trump Says U.S. Will Extend Cease-Fire Deadline
• Positive Sentiment: A separate market note says metals bounced as the cease?fire extension eased oil/ inflation risk, helping gold hold around recent support and avoid a deeper selloff. Gold (XAUUSD) & Silver Price Forecast: Metals Bounce as US-Iran Ceasefire Eases Oil Risk; Gold Squeezed at $4,755—Is a $4,800
• Neutral Sentiment: Bank and market commentary notes near?term risks but longer?term upside for gold; that keeps GLD on investors’ radar as a hedge rather than sending a clear directional signal. Gold price holds near $4,800 as Standard Chartered sees near-term risks, longer-term upside
• Neutral Sentiment: Interest in gold alternatives (e.g., PAXG crypto tokens) is highlighted in feature coverage — a long?term competitive/structural factor for gold ETFs but not an immediate driver of GLD flows. Want To Be A Millionaire? Buy Inflation?Hedging PAX Gold
• Negative Sentiment: A stronger dollar after upbeat U.S. retail sales has pressured gold prices, reducing GLD demand as investors weigh delayed rate?cut expectations. Update: Gold Moves Lower Again as Dollar Rises On U.S. Retail Sales Surge and Hopes of An End To Middle East War
• Negative Sentiment: Rising U.S. Treasury yields and a firmer USDX are cited as direct reasons for sharp intraday drops in gold and silver, another headwind for GLD. Gold, silver sharply down amid upticks in USDX, bond yields
• Negative Sentiment: Investors have rotated funds back into equities as Iran war fears eased, pulling money away from safe?haven ETFs like GLD. Investors Rotate Into Equities as Iran War Fears Ease
• Negative Sentiment: Reports that Russia has sold significant gold volumes this year add modest supply pressure to the market. Russia has already sold 22 tonnes of gold this year amid declining ruble, rising deficits

SPDR Gold Shares Stock Down 2.8%

Shares of NYSEARCA:GLD opened at $429.57 on Wednesday. SPDR Gold Shares has a 52-week low of $291.78 and a 52-week high of $509.70. The stock’s fifty day simple moving average is $448.53 and its 200-day simple moving average is $417.68. The company has a market capitalization of $158.12 billion, a P/E ratio of -32.43 and a beta of 0.20.

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.