SPDR Gold Shares $GLD Shares Bought by GoalVest Advisory LLC

GoalVest Advisory LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 18,658.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 68,093 shares of the exchange traded fund’s stock after purchasing an additional 67,730 shares during the quarter. SPDR Gold Shares comprises about 1.3% of GoalVest Advisory LLC’s holdings, making the stock its 14th largest holding. GoalVest Advisory LLC’s holdings in SPDR Gold Shares were worth $25,933,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Corient Private Wealth LLC raised its holdings in shares of SPDR Gold Shares by 571.3% during the 4th quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock worth $1,565,118,000 after acquiring an additional 3,360,966 shares during the period. First Eagle Investment Management LLC grew its holdings in shares of SPDR Gold Shares by 1.5% in the second quarter. First Eagle Investment Management LLC now owns 2,491,623 shares of the exchange traded fund’s stock valued at $917,864,000 after purchasing an additional 35,882 shares during the period. Virtu Financial LLC purchased a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $474,952,000. Envestnet Asset Management Inc. increased its position in SPDR Gold Shares by 0.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,169,683 shares of the exchange traded fund’s stock worth $430,888,000 after purchasing an additional 5,793 shares during the last quarter. Finally, Marino Management LLC acquired a new stake in SPDR Gold Shares during the fourth quarter worth about $438,475,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares News Summary

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

• Positive Sentiment: U.S. employers added only 29,000 jobs in September, significantly below expectations. The softer labor-market data lowered October Fed-hike odds, pressured Treasury yields, and increased demand for non-yielding gold and safe-haven assets. Gold, silver rise as weak payrolls cut Fed-hike odds
• Positive Sentiment: Gold and silver strengthened as falling yields improved the relative appeal of bullion. Continued geopolitical concerns, including Strait of Hormuz risk, also supported safe-haven demand, providing a constructive backdrop for GLD. Gold Price Forecast – Gold Continues to Move with Rates
• Neutral Sentiment: Longer-term analysts continue to cite strong ETF and central-bank demand, persistent inflation, global debt, and portfolio-diversification needs as structural supports for gold. These themes may benefit GLD over time, though they have not removed near-term volatility. Gold as a Hedge: Navigating Global Debt and Persistent Inflation
• Negative Sentiment: The dollar and elevated Treasury yields remain obstacles to a sustained gold recovery. GLD is also trading below its 50-day and 200-day moving averages, indicating that technical momentum remains weak despite Friday’s fundamental improvement. Gold Falls; U.S. Dollar, Yields Key Obstacles for Price Gain
• Negative Sentiment: Bank of America warned that gold could fall below $4,000 in the fourth quarter if high bond yields and tighter monetary-policy expectations persist. This downside risk likely limits investor enthusiasm for GLD following its recent decline. Risks rising that gold prices fall below $4,000 in Q4

SPDR Gold Shares Stock Down 0.8%

NYSEARCA:GLD traded down $3.04 on Friday, hitting $379.71. The stock had a trading volume of 6,420,379 shares, compared to its average volume of 11,785,511. The stock has a market cap of $140.95 billion, a price-to-earnings ratio of -32.43 and a beta of 0.19. The company has a fifty day moving average price of $396.83 and a two-hundred day moving average price of $403.95. SPDR Gold Shares has a 1-year low of $355.80 and a 1-year high of $509.70.

About SPDR Gold Shares

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.