Greg Jennings LLC bought a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 19,406 shares of the exchange traded fund’s stock, valued at approximately $7,391,000. SPDR Gold Shares comprises 5.0% of Greg Jennings LLC’s investment portfolio, making the stock its 7th biggest position.
Several other hedge funds have also made changes to their positions in the company. Lockerman Financial Group Inc. increased its position in shares of SPDR Gold Shares by 27.1% during the 3rd quarter. Lockerman Financial Group Inc. now owns 2,078 shares of the exchange traded fund’s stock worth $791,000 after purchasing an additional 443 shares during the last quarter. New Wave Wealth Advisors LLC raised its holdings in SPDR Gold Shares by 1.1% in the 3rd quarter. New Wave Wealth Advisors LLC now owns 3,442 shares of the exchange traded fund’s stock valued at $1,314,000 after buying an additional 38 shares during the period. Cornell Pochily Investment Advisors Inc. lifted its position in SPDR Gold Shares by 19.6% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 1,466 shares of the exchange traded fund’s stock valued at $558,000 after buying an additional 240 shares during the last quarter. Prairie Advisory LLC acquired a new position in SPDR Gold Shares in the third quarter valued at about $424,000. Finally, Herold Advisors Inc. lifted its position in SPDR Gold Shares by 2.4% in the third quarter. Herold Advisors Inc. now owns 6,279 shares of the exchange traded fund’s stock valued at $2,391,000 after buying an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Down 0.6%
GLD stock traded down $2.32 during mid-day trading on Monday, hitting $379.69. 5,069,775 shares of the company were exchanged, compared to its average volume of 11,552,711. SPDR Gold Shares has a 12-month low of $360.12 and a 12-month high of $509.70. The firm has a market capitalization of $140.33 billion, a P/E ratio of -32.43 and a beta of 0.18. The business has a fifty day simple moving average of $397.35 and a 200-day simple moving average of $400.62.
SPDR Gold Shares News Roundup
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Longer-term demand for gold remains supported by inflation concerns, de-dollarization and concerns about financial-system and jurisdictional risks. Former Federal Reserve insider Christopher Whalen said he sold his bank stocks and is favoring gold, while Ledn CEO Adam Leeds advocated holding gold as a hedge against currency debasement. Why former Fed insider Chris Whalen is betting on gold Short the dollar and hold gold or Bitcoin
- Positive Sentiment: Capital.com data showed gold was the dominant trading theme in the first quarter of 2026, highlighting continued investor interest in precious metals even as technology stocks gained momentum later in the year. Gold dominated Q1 before AI earnings drove a tech surge
- Neutral Sentiment: Lower Treasury yields and softer oil prices have offered some support to gold by reducing pressure on interest rates, but traders still see meaningful odds of another Federal Reserve rate increase. Gold and silver price forecast Gold edges higher as traders weigh Fed rate expectations
- Negative Sentiment: Gold pulled back as the dollar rebounded and Treasury yields rose. Prices have struggled to hold above $4,200, with $4,000 viewed as an important support level; persistent inflation and renewed rate-hike expectations could keep gains capped. Gold pulls back as dollar rebounds Gold continues to look for answers
- Negative Sentiment: Investors reportedly directed about $500 million to the cheaper SPDR Gold MiniShares fund rather than GLD, underscoring fee-driven competition and the risk of weaker relative flows for SPDR Gold Shares. Investors sent $500 million to the cheaper SPDR Gold fund
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.
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